Weeks after panicked selling of semiconductor stocks that sent South Korea’s KOSPI index into correction territory, the sector is rebounding.
Watch SanDisk (SNDK) today. The stock might add to its 8.88% gain on Monday to close at $1,786.85. SNDK stock bottomed at nearly $1,000 in late July.
Downstream suppliers to the AI infrastructure segment saw Coherent (COHR) gain nearly 8% yesterday. The stock traded near $400 after it posted strong quarterly results. After closing at $351.22, shares have the momentum to retake the $400 level.
Watch Comfort Systems (FIX) continue its stock breakout over the last two days. The firm raised its dividend by 12.5%, which it announced on July 24. In the second quarter, it posted a 50.7% Y/Y increase in revenue, to $3.27 billion. GAAP EPS was $12.53.
Stocks losing their momentum included Carvana (CVNA). After rallying from $60 to $70, the bears are still in control with a 10.68% short float. Its business is growing across the country by 55%. After adding 16 new facilities between mid-2024 and late 2025, Carvana may achieve efficiency in its facilities. That should lift its profits.
Charter Communications (CHTR) fell by 6.59% on Monday. Bears hold an 18.83% short interest. The company raised $4.75 billion in debt to fund its $34.5 billion deal to buy Cox.
In the drinks market, avoid Constellation Brands (STZ). Berkshire Hathaway (BRK-B) sold its stake. That caused STZ stock to lose 6.19% on Monday.
