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Tech Earnings Set Up Breakout for Zacks Rank Strong Buy Stocks

Today there was a lot of sitting around and waiting for the market as earnings reports due after the bell were the focus. I offer up a quick review of the action on the session and what’s setting up to be a big day for the NASDAQ tomorrow.

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

Each day, Dave Bartosiak of Zacks.com (Twitter @bartosiastics) dives 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 Dave uncovers 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:

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Apollo Commercial Real Estate Finance ARI

Apollo Commercial Real Estate Finance Price and Consensus

Apollo Commercial Real Estate Finance Price and Consensus | Apollo Commercial Real Estate Finance Quote

Apollo Commercial Real Estate Finance, Inc. operates as a real estate investment trust (REIT) that primarily originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, commercial mortgage-backed securities, and other commercial real estate-related debt investments in the United States.

East West Bancorp EWBC

East West Bancorp, Inc. Price and Consensus

East West Bancorp, Inc. Price and Consensus | East West Bancorp, Inc. Quote

East West Bancorp, Inc. operates as the holding company for East West Bank that provides a range of personal and commercial banking services to small and medium-sized businesses, business executives, professionals, and other individuals. The company operates through three segments: Retail Banking, Commercial Banking, and Other.

HDFC Bank HDB

HDFC Bank Limited Price and Consensus

HDFC Bank Limited Price and Consensus | HDFC Bank Limited Quote

HDFC Bank Limited provides a range of banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in Treasury, Retail Banking, Wholesale Banking, and Other Banking Business segments.

Monmouth Real Estate Investment Corp MNR

Monmouth Real Estate Investment Corporation Price and Consensus

Monmouth Real Estate Investment Corporation Price and Consensus | Monmouth Real Estate Investment Corporation Quote

Monmouth Real Estate Investment Corporation (MREIC) is a real estate investment trust. It owns, manages, and leases properties to investment-grade tenants on long-term leases. The firm invests in the public equity and real estate markets of the United States.

Ormat Technologies ORA

Ormat Technologies, Inc. Price and Consensus

Ormat Technologies, Inc. Price and Consensus | Ormat Technologies, Inc. Quote

Ormat Technologies, Inc. engages in geothermal and recovered energy power business worldwide. The company operates in two segments, Electricity and Product.

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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
 
HDFC Bank Limited (HDB): Free Stock Analysis Report
 
East West Bancorp, Inc. (EWBC): Free Stock Analysis Report
 
Apollo Commercial Real Estate Finance (ARI): Free Stock Analysis Report
 
Monmouth Real Estate Investment Corporation (MNR): Free Stock Analysis Report
 
Ormat Technologies, Inc. (ORA): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research