5 Stocks Blistering Higher on Tax Reform

Are you sick of winning yet? The Dow’s streak of winning days hit 5 today and it wasn’t even close as the large caps led the way. We are still humming along on the prospects of tax reform. The rest of the market is awaiting the onset of earnings season which will really kick into gear next week with the financials.

Check out Dave’s Daily Dive video above where I break down the market action today!!!

Each day I, Dave Bartosiak of Zacks.com (Twitter @bartosiastics) dive into the charts, pointing out key price action and levels for you to watch.

But it doesn’t stop there because the highlight of today’s video, which you can see for free by clicking above, is where I uncover five Zacks Rank #1 (Strong Buy) stocks that are breaking out to new 52-week highs today. These stocks have a ton of momentum behind them and are charging higher. The list of stocks he covers today include:

ALCOA AA

ALCOA CORP Price and Consensus

ALCOA CORP Price and Consensus | ALCOA CORP Quote

Alcoa Corporation produces and sells bauxite, alumina, and aluminum products. It operates through six segments, Bauxite, Alumina, Aluminum, Cast Products, Energy, and Rolled Products. The company also offers aluminum cast products; and aluminum sheets for the production of cans for beverage, food, and pet food. In addition, it engages in the generation and sale of renewable energy, as well as provision of ancillary services. The company was formerly known as Alcoa Upstream Corporation and changed its name to Alcoa Corporation in October 2016. Alcoa Corporation is based in New York, New York.

Green Dot GDOT

Green Dot Corporation Price and Consensus

Green Dot Corporation Price and Consensus | Green Dot Corporation Quote

Green Dot Corporation, together with its subsidiaries, operates as a pro-consumer technology bank holding company that provides personal banking for the masses. It offers reloadable prepaid debit cards and cash reload processing services in the United States, as well as mobile banking services with its GoBank mobile checking account. The company’s products include Green Dot MasterCards, Visa-branded prepaid debit cards, and various co-branded reloadable prepaid card programs; Visa-branded gift and credit cards; and swipe reload products, which enables cash loading and transfer services through Green Dot Network.

Malibu Boats MBUU

Malibu Boats, Inc. Price and Consensus

Malibu Boats, Inc. Price and Consensus | Malibu Boats, Inc. Quote

Malibu Boats, Inc. designs, manufactures, distributes, markets, and sells recreational powerboats. The company offers performance sport boats under the Malibu and Axis brand names; and sterndrives and outboard boats under the Cobalt brand name. Its boats are used for water sports, including water skiing, wakeboarding, and wake surfing, as well as general recreational boating. The company also offers various accessories and aftermarket parts. It operates through a network of independent dealers in North America, South America, Europe, Asia, Australia, and New Zealand markets.

Progress Software PRGS

Progress Software Corporation Price and Consensus

Progress Software Corporation Price and Consensus | Progress Software Corporation Quote

Progress Software Corporation provides software solutions for various industries worldwide. Its OpenEdge segment offers Progress OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; and Progress Corticon, a business rules management system that enables applications with decision automation and change process, and decision-related insight capabilities.

Sun Hydraulics SNHY

Sun Hydraulics Corporation Price and Consensus

Sun Hydraulics Corporation Price and Consensus | Sun Hydraulics Corporation Quote

Sun Hydraulics Corporation designs, manufactures, and sells screw-in cartridge valves, manifolds, and integrated fluid power packages and subsystems used in hydraulic systems to industrial and mobile customers worldwide. The company operates in two segments, Hydraulics and Electronics. Its screw-in hydraulic cartridge valves and manifolds control force, speed, and motion as integral components in fluid power systems. 

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Progress Software Corporation (PRGS) : Free Stock Analysis Report
 
Malibu Boats, Inc. (MBUU) : Free Stock Analysis Report
 
Sun Hydraulics Corporation (SNHY) : Free Stock Analysis Report
 
ALCOA CORP (AA) : Free Stock Analysis Report
 
Green Dot Corporation (GDOT) : Free Stock Analysis Report
 
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