Three stocks jumped sharply recently. PACCAR (PCAR) added 5.16% last Friday to close at over $100. Trump announced a 25% tariff on imported heavy trucks. That would strengthen domestic truck manufacturing.
Watch PACCAR, Daimler Truck (DTRUY), and Volvo (VLVLY) as well.
In the semiconductor sector, GlobalFoundries (GFS) broke out by 8.37% to close at $35.59 last week. Again, tariff threats are the catalyst. A 1:1 domestic-to-imported chips ratio rule plan would benefit U.S. chip stocks. That included GFS stock. Micron (MU), Intel (INTC), and TSMC (TSM) are also stocks to watch today. They need a follow-through rally to confirm the uptrend.
In the gaming sector, Electronic Arts (EA) soared by nearly 15% to close at $193.35.
Rumors circulated that a consortium of investors would take EA private for $50 billion. Silver Lake and Saudi Arabia’s Public Investment Fund are reportedly involved.
EA stock is relatively cheap. Its forward price-to-earnings ratio is around 23 times. Take-Two Interactive (TTWO), which has Grand Theft Auto VI on the way, trades at a 90x P/E. Roblox (RBLX) closed at $135.06, compared to its 52-week low of $37.50.
The chances are high that the gaming sector is at its peak. Game title costs keep rising while reliance on AI to cut development costs is increasing too. Consumers might cut back on buying the latest games, especially when inflation hurts their disposable income.
Related Stories
