Bamboo Watchlist

Big Tech

Apple (NASDAQ: APPL), Stock Price: $503.43

Just a few days after reaching the $2 trillion market cap and less than a month after topping $400 per share, Apple stock hit a fresh record high of $500 in Monday’s trading session. This comes ahead of the tech giant’s four-for-one stock split on August 31. We are watching to see whether or not the stock price will wane after the stock split. Click here to read more 

Auto Manufacturers

Tesla  (NASDAQ: TSLA), Stock Price: $2,014.20

Last week, Tesla stock passed the $2,000 mark for the first time ever and its market cap rose to $382.04 billion, making Tesla worth more than ExxonMobil, Shell and BP combined. Like Apple, Tesla has an upcoming five-for-one stock split and the stocks will begin trading on a split-adjusted basis on August 31. Will the stock continue its bullish run? Click here to read more.

Drug Manufacturers

AstraZeneca Plc (NYSE: AZN), Stock Price: $56.76

AstraZeneca stock rose about 4% on Monday, following reports that President Donald Trump is considering fast-tracking its Covid-19 vaccine candidate to make it available before the U.S elections in November. AstraZeneca’s potential vaccine is now in large-scale Phase II/III trials and one of the options being contemplated by the U.S government is to award it “emergency use authorization” in October. Click here to read more

Specialty Retail

Best Buy (NYSE: BBY), Stock Price: $117.37

Best Buy is set to give investors a clear picture of demand for consumer electronics when it announces its earnings result on Tuesday. In the last quarter, Best Buy was able to protect a huge portion of its revenue stream by implementing online and curbside services during Covid-19 lockdowns. Click here to read more.

That’s all from us.

We’ll see you next week.

The above reflects the opinions of only the writers who are associated persons of Bamboo Systems & Technologies Ltd. and do not reflect the views of Bamboo Systems & Technologies Ltd. or any of its subsidiaries or affiliates. They are meant for informational purposes only. They are also not research reports. The third-party information provided therein does not reflect the views of Bamboo Systems & Technologies Ltd., or any of its subsidiaries or affiliates. All investments involve risk, and the past performance of a security or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit or protect against loss. There is always the potential of losing money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing. The price of a given security may increase or decrease based on market conditions, and customers may lose money, including their original investment.