15 Best Stocks in the Past Week: Vaccine Stocks Surge Higher
The best-performing stocks in the past week include Novavax, BioNTech, Moderna, Nuance, Nvidia, Wells Fargo, Tesla, Dell, and more.
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Apr 18, 2021 9:31 AM EDT
Stocks rose Friday as soaring growth in China provided investors with further reasons to believe in a surging post-pandemic recovery.
The Dow Jones Industrial Average jumped 116 points, or 0.34%, to 34,152, and the S&P 500 gained 0.24%. The Nasdaq declined 0.05%. The Dow and S&P 500 set intraday all-time highs on Friday.
Bitcoin fell Friday after Turkey s central bank issued a ban against the use of cryptocurrencies for payments in the country starting from the end of the month.
MongoDB
Market cap: $19.33 billion
Microsoft could acquire database company MongoDB a frequent critic of Amazon Web Services, Microsoft s chief cloud competition to add to its Azure cloud business, growing the reach of its own database products, D. A. Davidson analyst Rishi Jaluria told Insider.
Algorithmia Algorithmia
Valuation: $100 million
Seattle-based AI and machine learning startup Algorithmia would be a good acquisition target for Microsoft, Lopez Research analyst Maribel Lopez told Insider. Algorithmia investors include Gradient Ventures and Madrona Venture Group. Everybody s got their own AI ops, but they re actually some interesting startups that are in the space, like Algorithmia, Lopez said. That would be a good tuck-in acquisition because they ve been funded and they re not too big, so they could still be kind of interesting and become part of a platform
Okta
As president of technology, Hector Aguilar heads up the engineering and technology teams at Okta. Specifically, he focuses on developing the firm s strategic product development plans and manages its engineering, business technology, and corporate IT teams.
He joined Okta in 2012 as a VP of engineering and moved up in the technology organization until landing his current role in 2019. He reports to McKinnon.
Before joining Okta, he worked in various tech management roles at ArcSight, ultimately guiding that company to IPO and an acquisition by Hewlett Packard. He brings over 25 years of networking, security, and software development experience to Okta.
Tech Stocks Roundup: Jim Cramer on Microsoft, Okta, Nvidia
Check out the latest news and performance numbers from the top technology stocks, including Microsoft, PayPal, Shopify, and more.
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Apr 14, 2021
Aside from innovation, he attributes smart thinking and good timing as other reasons why he loves tech stocks so much.
This past week, Wedbush said Apple (
For more in-depth coverage of the technology sector including trading recommendations and investment strategies, follow the experts on Real Money.
Here is a list of the technology stocks to watch and their performance by percentage change over the past five days through the close of trading on Tuesday, Apr. 13: