These 2 Nasdaq Winners Turned the Stock Market Around Friday
The stock market is in bull mode, and it seems as if every time the market looks poised for a correction, the stocks that make up the Nasdaq Composite (NASDAQINDEX: ^IXIC) are there to turn things around. That's exactly what happened on Friday, as the Nasdaq bounced back from early losses to rise 0.1% as of 11 a.m. EDT.
A couple of stocks are largely responsible for the optimistic view among Nasdaq investors. DocuSign (NASDAQ: DOCU) vaulted higher after a strong earnings report, while Broadcom (NASDAQ: AVGO) settled for more modest gains following its release of financials late Thursday. Both stocks have seen big gains in the past year, and both are poised to keep up their positive momentum well into the future.
Shares of DocuSign surged higher by almost 6% on Friday morning. That was enough to send the electronic signature and contract management specialist to a new all-time high, and investors were excited about what's to come for the company.
Source Fool.com
