Investors have several top and bottom stocks to watch today.
Watch SBA Communications (SBAC). The telecom firm added 18.93% last Thursday on rumors that it would get a buyout. SBAC stock has traded at the $200 resistance level since last summer. The sell-off intensified in February, and SBAC stock traded as low as $162.41. Exploring a possible sale would benefit suffering shareholders.
Lumentum (LITE) will look to add to the 8.14% gain from April 2. The optical networking firm is one of the top Q1 performers in technology on the S&P 500. Sandisk (SNDK) performed better, while Ciena (CIEN), Corning (GLW), and Western Digital (WDC) rewarded investors.
The bottom stocks to be wary of include Tesla (TSLA). Sales continued to languish. In Q1, the EV giant posted 358,023 vehicle deliveries. That missed expectations. Analysts expect Tesla to deliver 1.69 million units in 2026, 1.88 million units in 2027, and 2.13 million units in 2028. That is unrealistic, since the U.S. government wound down EV tax credits.
Watch out for General Electric (GE). The stock peaked at $348.48 but closed at $281.16 last week. Defense spending will increase in the next 10 years. The Trump administration proposed to spend $1.5 trillion for the fiscal year 2027.
