Stocks To Watch As Google Drives Rattled But Rebounding Market

Following a sharp sell-off on Nov. 20, the Nasdaq composite went on a five-day win streak to celebrate Thanksgiving back above its 21-day exponential moving average and 50-day line. During that run, several Investor's Business Daily Leaderboard members, including Alphabet, Globus Medical, and Kinross Gold, notched all-time highs.

IBD Leaderboard also showcases an eclectic mix of stocks to watch in or near buy range. Intuitive Surgical, Expand Energy, Southern Copper, Howmet Aerospace, and Embraer all fit that bill.

Trillion-Dollar Club Now Boasts 11 Stocks

Google Stock Among Healthy, Golden Names

On Monday, the Nasdaq retreated but found support at its 21-day line. Reflecting that strength and resilience, Google stock, Globus Medial, and Kinross Gold join Lam Research, Idexx Laboratories, TTM Technologies on IBD Leaderboard.

Shares of each of these Leaderboard names trade at or near their record highs.

Also note that offering a chance to tap into the boom in biotech, the SPDR S&P Biotech ETF has also found a spot on this premier list.

Browse Stocks To Watch On These Exclusive Screens

Medical, Mining, And Defense Stocks To Watch

The "Leaders Near A Buy Point" list currently includes five stocks to watch.

Robotics leader Intuitive Surgical continues to trade within a 552.50 – 580.13 buy zone. The stock is also flirting with an alternate handle entry of 580.47.

Featured on Nov. 19, natural gas giant Expand Energy has broken out into buy range from a 120.30 buy point in a first-stage cup with handle.

Hailing from the Mining-Metal Ores industry group, Southern Copper shares have climbed to right around the very top of a 128.44 – 134.86 buy zone.

Defense stocks Embraer and Howmet Aerospace remain in buy range. Featured in this column on Nov. 17, Embraer continues to trade within its 62.09 – 65.19 buy zone as it tests support at its 50-day line. The base is late-stage, but it's in a strong group so a breakout could have staying power.

After flirting with the very top of its 193.26 – 202.92 buy zone, Howmet Aerospace pulled back Monday but found support at its 50-day moving average.

Robinhood, Lilly On Watchlist

Four stocks make the IBD Leaderboard watchlist, including drug giant Eli Lilly and online broker Robinhood Markets.

Riding a strong rise in the medical sector, Eli Lilly hit a record high at the end of last month. Shares are currently extended.

Hitting a spat of volatility, Robinhood stock has retreated from the all-time high it reached in October. Although it has fallen below its 10-week line and its 21-day exponential moving average, the stock appears to be forming a double-bottom, a common pattern in volatile markets.

Follow Matthew Galgani on X (formerly Twitter) at @IBD_MGalgani.

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By Matt Earle

Matthew Earle is the Founder of MiningFeeds. In 2005, Matt founded MiningNerds.com to provide data and information to the mining investment community. This site was merged with Highgrade Review to form MiningFeeds. Matt has a B.Sc. degree with a minor in geology from the University of Toronto.

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