The surge in artificial intelligence has propelled major players like Microsoft (MSFT) and Adobe (ADBE) to the forefront of leading AI stocks and top-rated companies to monitor. These companies, along with others featured here, belong to today’s Top 20 industry groups, a significant factor as successful stocks typically emerge from highly ranked groups.
Each of these companies is also outperforming over 95% of all stocks based on critical stock-picking metrics.
As AI continues to permeate various sectors, cybersecurity entities such as CrowdStrike (CRWD) and Zscaler (ZS), alongside database firms like MongoDB (MDB) and Open Text (OTEX), have embraced the AI wave. The excitement surrounding artificial intelligence has propelled Microsoft, Adobe, and CRWD stocks to new heights during the Santa Claus rally. Educational stocks New Oriental Education (EDU) and Stride (LRN) have also demonstrated notable resilience.
Microsoft has surged to the top of its buying range, while MDB stock and Open Text are preparing for potential upward movements.
MSFT Stock: A Leader in Top-Ranked Industries
CompanySymbolComp RatingEPS RatingRS RatingInd Group RSSMR RatingA/D RatingCrowdStrike(CRWD)999997A+AB+New Oriental Education(EDU)998299A+BAFrontline(FRO)998397A+AB-Howmet Aerospace(HWM)998491AAADorian LPG(LPG)999999A+AAStride(LRN)999996A+BAMongoDB(MDB)998298ABBMicrosoft(MSFT)999794A+AB+Open Text(OTEX)998983AAB-Skechers(SKX)999392A+BB+Zscaler(ZS)999996A+AB+Adobe(ADBE)989697A+ABModine Manufacturing(MOD)989498ABB-Ross Stores(ROST)988687A+AB+Vertex(VERX)989597A+AB-AO Smith(AOS)969386ABB-Hess Midstream(HESM)958586A+ABTeradata(TDC)959486ABB-Textron(TXT)959080ABB-
Data as of Nov. 28, 2023
MSFT: A Top-Rated AI Stock
To qualify for inclusion in this list of top stocks to monitor in the highest-ranked industries, each company must meet specific criteria:
While ratings are essential, analyzing the stock chart is equally vital to determine the optimal time for buying, selling, or holding.
Review the list below and click on the symbols to assess the stock chart for potential bases and buy zones.
Develop Your Watchlist with Stock Ratings and Lists
Utilizing stock screens like the IBD Stock Screener or MarketSmith streamlines research efforts effectively.
IBD stocks lists, categorized under various preset filters such as IBD 50, IBD Sector Leaders, IBD Big Cap 20, and IPO Leaders, assist in pinpointing top-rated stocks. Meta stock and Tesla stock, for instance, secure positions in the IBD Big Cap 20.
After compiling potential stock selections for your watchlist, it’s crucial to evaluate them using IBD Stock Checkup. This tool offers pass, neutral, or fail ratings for each stock, providing a comprehensive analysis of both fundamental and technical aspects of the companies on your watchlist.
Moreover, adhering to the CAN SLIM system, the Composite Rating offers an overall score considering earnings growth, relative strength, sales, profit margins, and institutional demand.
However, it’s important not to base stock purchases solely on ratings or list placements. Savvy investors always scrutinize the technical aspects presented in the stock chart before making investment decisions.
Utilize the Chart for Optimal Timing in Buying MSFT Stock and Others
Employing stock lists aids in identifying promising stocks, while stock ratings delve into fundamental and technical health. Both these tools assist in understanding what to buy. To determine when to buy stocks, analyzing the stock chart is paramount.
Understanding the current market environment—whether it’s a bull market, bear market, or a volatile, uncertain phase—is crucial. Stock charts help pinpoint the ideal buying time by identifying support, resistance, buy points, and buy zones. They also signal warning signs for selling stocks.
Therefore, always refer to stock charts when scouting potential picks and monitoring stocks. They offer an unbiased evaluation of a stock’s condition.
