Nvidia stock leads crop of IBD Leaderboard stocks to watch, including DoorDash, DaVita and one IPO stock that has cruised into buy range.
Netflix stock is near a buy zone as analysts see profits rising. Other stocks with rising profit estimates include GE Aerospace, Abercrombie & Fitch and Meta.
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the start of the fourth quarter of 2024 showed their returns diverging and the whole group came under selling in recent months before rebounding.