Cyclical, IPO Stocks Enjoy Solid Gains, Apple Exhales; Why These 5 Sectors Are Jamming [Investor's Business Daily]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
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Source: Investors Business Daily
Related news Tabula Rasa Healthcare ( TRHC ), DocuSign ( DOCU ), Atlassian ( TEAM ) and Funko ( FNKO ) helped lead a chorus of solid gains among new IPO stocks, while cyclicals also helped sustain a decent day in stocks today. (See the statistics and charts on these and other new-issue leaders in the IPO Leaders stock list .) Strength in software, consumer, medical, retail and business services stocks continue to provide a sturdy backbone for the 3,452-day-long bull run, which according to Reuters is poised to become the longest bull market in history on Wednesday. In fact, these five sectors take the top 5 rankings within IBD's sector-oriented stock research tables . The gains by these five sectors , which include fistfuls of big market winners, range from 19.9% since Jan. 1 (Retail) to 29.5% (Software) through Monday's market close. They represent the new innovative companies that are helping grow the economy, boost worker productivity and improve the quality of life. The Nasdaq co
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