One of three techs returning to the IBD 50 list of top-rated growth stocks this week managed to buck Friday’s stock market selloff. SS&C Technologies Holdings (SSNC), a software maker for the financial services industry, lifted 0.6% for the day. Meanwhile the sole two tech stocks on IBD Leaderboard gained against the tide too: Amazon.com (AMZN), which introduced new Fire tablets and TV set-top boxes Thursday, and cybersecurity provider Palo Alto
Amid today’s market sell-off, two notable tech names are holding up: Facebook (FB) and Amazon (AMZN). The two stocks, along with Netflix (NFLX) and Google (GOOGL), are now being referred to as FANG. The four have seen large share-price gains this year. Let’s take a look at the charts of Amazon and Facebook, whose Relative Strength lines are hitting new high ground. Amazon is working on a new closing high, rising in above-average volume in
E-commerce leader Amazon.com (AMZN) on Thursday rolled out an arsenal of new tablets and TV set-top boxes to counter Apple’s (AAPL) recent fall product launch. Both companies are prepping their lineups for the all-important holiday shopping season. Seattle-based Amazon introduced seven new products via press release on Thursday, and Amazon stock closed up 2.18% at 538.87 in the stock market today. By contrast, Apple held a flashy two-hour-plus