The S&P 500's Top 5 Leading Stocks for Dec 2-6, 2024
Here are the top five leading stocks for last week. The reason this is important is because this blog focuses on momentum trading. Momentum trading believes that stocks that lead tend to keep leading and stocks that lag tend to keep lagging. There will be some exceptions, but this rule tends to stay true. In the case that it doesn't, exit out. Regardless of whether you momentum trade, this information is still valuable. At the very least, you'll have some stocks to consider.
** These charts posted here are six-month charts
The S&P 500's Top 5 Leading Stocks
5. Tesla ($TSLA)
Tesla is a leader in innovation for electric vehicles, energy storage, and solar technology.
4. Hewlett Packard Enterprises ($HPE)
Hewlett Packard Enterprises specializes in enterprise IT solutions, offering hardware, software, and services designed to help data centers and digital infrastructures.
3. Palantir (PLTR)
Palantir is a software company that builds platforms to enable the analysis of large amounts of data
2. Lululemon Athletica ($LULU)
Lululemon Athletica is an active-wear company that specializes in athletic apparel, accessories, and lifestyle products
1. Super Micro Computer, Inc ($SMCI)
Super Micro Computer Inc. specializes in high-performance server and storage solutions to optimize data center systems, AI infrastructure, and energy-efficient green computing products.
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