The Nasdaq's Soaring, and Investors Are Watching These 2 Winning Stocks
Against the odds, the Nasdaq Composite (NASDAQINDEX: ^IXIC) is on the rise. For the most part, the growing military conflict in Ukraine has proven problematic for the S&P 500 (SNPINDEX: ^GSPC) and the Dow Jones Industrial Average (DJINDICES: ^DJI). Thanks to Nasdaq's respectable resilience on Monday, though, the tech-heavy composite now stands nearly 9% above last week's multi-month low.
The rebound is hardly uniform, though. A couple of Nasdaq-listed stocks are clearly leading the charge, setting a bullish tone and catching the eyes of investors on the hunt for hot trades. Will these two tickers keep on trucking? Here's a closer look.
It's not the biggest cybersecurity winner since the market reversed its bearish course on Thursday of last week -- that honor belongs to Palo Alto Networks (NASDAQ: PANW), with its 26% romp. Check Point Software Technologies (NASDAQ: CHKP) is the more noteworthy name within the cybersecurity industry right now, however, in that it managed to defy January's marketwide weakness. Check Point was already within sight of record highs before Russian tanks began rolling toward Kyiv. Up nearly 14% since last Wednesday, Check Point's stock is now 36% above its November low.
Source Fool.com
