Five stocks are in focus this week, with Robinhood and the SPCX name tied to SpaceX standing out on the watchlist. According to Investor's Business Daily, Robinhood shares climbed above a buy zone on Friday after positive regulatory developments from the SEC and CFTC earlier in the week.
The publication says Robinhood leads this week’s list of stocks to watch. Investor interest strengthened after the company’s shares rallied on favorable signals from the regulators.
At the same time, SpaceX on Friday secured a NASA contract worth nearly $1 billion. Against that backdrop, SPCX stock continues to test an aggressive early entry above its IPO debut price.
The report also mentions NetApp as one of Investor's Business Daily’s top picks, although the available portion of the source does not provide further details on the other names in the list.
