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:

Apollo Commercial Real Estate Finance (NYSE:ARI)

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 (NASDAQ:EWBC)

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 (NYSE:HDB)

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 (NYSE:MNR)

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 (NYSE:ORA)

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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