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5 Breakout Stocks You Missed (and How to Catch the Next Ones)

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
It's no secret that the Magnificent Seven have been leading the market for the past couple of years. A little less well known is how much they're beating the "average" stock. It's stunning. From early 2023 to summer 2024,
The article from MSN Money discusses five stocks that have recently experienced significant breakouts, offering insights on how investors might identify and capitalize on similar opportunities in the future. It highlights stocks like Super Micro Computer (SMCI), which saw a 100% increase in a month due to AI demand; NVIDIA (NVDA), which surged 20% in a week due to its AI chip market dominance; Celsius Holdings (CELH), which rose 30% after a strong earnings report; Viking Therapeutics (VKTX), which jumped 120% after positive drug trial results; and Duolingo (DUOL), which increased by 30% following a robust earnings release. The article provides strategies for spotting breakout stocks, including monitoring news, understanding market trends, and using technical analysis to identify when stocks are likely to break out. It emphasizes the importance of being proactive in research and quick to act on emerging opportunities.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/5-breakout-stocks-you-missed-and-how-to-catch-the-next-ones/ar-AA1wMaZL ]