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Nvidia, AMD, Alzamend Neuro, Palo Alto Networks, Tesla: Why These 5 Stocks Are On Investors' Radars Today
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Nvidia, AMD, Alzamend Neuro, Palo Alto Networks, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Aug 19, 2024 8:07 PM

On Monday, major U.S. indices closed in positive territory. The Dow Jones Industrial Average rose 0.6% to finish at 40,896.53, while the S&P 500 gained nearly 1%, closing at 5,608.25. The Nasdaq saw the largest increase, ending the day up almost 1.4% at 17,876.77.

These are the top stocks that gained the attention of retail traders and investors throughout the day:

Nvidia Corporation ( NVDA )

Nvidia ( NVDA ) closed the day up 4.35% at $130, with an intraday high and low of $130 and $123.42 respectively. The 52-week high and low stand at $140.76 and $39.23. Goldman Sachs reaffirmed a bullish stance on Nvidia ( NVDA ) ahead of the company's earnings release, scheduled for Aug. 28, citing strong demand from cloud service providers and enterprises for artificial intelligence.

Advanced Micro Devices, Inc ( AMD )

AMD closed the day up 4.52% at $155.28, with an intraday high and low of $155.37 and $147.72 respectively. The 52-week high and low stand at $227.3 and $93.12. The stock traded higher after AMD agreed to acquire ZT Systems, a provider of AI infrastructure for hyperscale computing companies, in a cash and stock transaction valued at $4.9 billion.

See Also: Trump Is Wrong On The Bacon And Kamala Is Right On The Bread, Says Economist Justin Wolfers: Ex-President

Alzamend Neuro, Inc ( ALZN )

Alzamend closed the day up 188.18% at $5.85, with an intraday high and low of $15.06 and $5.72 respectively. The 52-week high and low stand at $45 and $1.84. The company announced that it was partnering with Massachusetts General Hospital for contract research purposes to carry out the first-of-its-kind Phase II clinical study of AL001 for the treatment of patients suffering from PTSD.

Palo Alto Networks, Inc ( PANW )

Palo Alto Networks ( PANW ) closed the day up 2.77% at $343.36, with an intraday high and low of $344.48 and $335.11 respectively. The 52-week high and low stand at $380.84 and $224.64. The company reported fourth-quarter earnings of $1.51 per share, surpassing analyst expectations of $1.41. Revenue for the quarter reached $2.189 billion, beating the consensus estimate of $2.162 billion. The company has exceeded earnings and revenue estimates for four consecutive quarters.

Tesla Inc ( TSLA )

Tesla closed the day up 3.12% at $222.86, with an intraday high and low of $222.98 and $214.09 respectively. The 52-week high and low stand at $278.97 and $138.8. Tesla CEO Elon Musk denied "donating" a Cybertruck to Russian leader Ramzan Kadyrov.

Prepare for the day’s trading with top premarket movers and news by Benzinga.

Read Next:

Mark Cuban Gets An Assurance Out Of Chuck Schumer: Will Pass ‘Sensible And Long-Lasting’ Crypto Law By Year-End

This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal

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