OVERVIEW
Happy Saturday
Welcome to The Stocks Top 25 Newsletter this week!
The Stocks Top 25 reports the 25 best-performing stocks in the S&P 500, Nasdaq 100, and Russell 2000 year to date (YTD) and tracks their performances over time. To help you understand this data further, check out our FAQ page, and feel free to reach out if you have questions!
Here are the Stocks Top 25 Lists for this week:
S&P 500
Top 25 S&P 500
The S&P 500 Top 25 list 6.98%outperformed the S&P 500 index 3.73%
Newcomers are in blue, and grey names at the bottom were kicked out of last weeks list.
NASDAQ 100
The Large-Cap Nasdaq 100
The Nasdaq 100 Top 25 list 6.27%outperformed the Nasdaq 100 index 4.93%
Newcomers are in blue, and grey names at the bottom were kicked out of last weeks list.
RUSSELL 2000
The Growth-Centric Russell 2000
The Russell 2000 Top 25 list 8.35%outperformed the Russell 2000 index 5.52%
Newcomers are in blue, and grey names at the bottom were kicked out of last weeks list.
Top Dawg Of The Week
The Top 25 list's Top Dawg was $CIFR ( ▲ 6.27% ) climbing 43%+!
According to Stocks news, Bitcoin may be regaining the momentum needed to approach the $100,000-mark again, after a fall to $80k.
It’s all according to a new call from investment banking firm BTIG.
“After a -36% peak-to-trough decline, we think Bitcoin is now poised to continue its reflex rally at least back towards 100k,” BTIG analyst Jonathan Krinsky said, according to a CNBC report.
Crypto Mining Stocks Rebound
BTIG said in a note that Cipher Mining and Terawulf $WULF ( ▲ 4.52% ) are “showing impressive performance during the crypto pullback.”
Cipher Mining’s stock gained more than 7% in morning trade on Friday, while Terawulf’s stock rose more than 5.5%. On Stocktwits, retail sentiment around CIFR remained in ‘bearish’ territory amid ‘low’ levels of chatter over the past day, and retail sentiment around WULF was in the ‘bullish’ zone, with chatter dipping to ‘low’ from ‘normal’ levels.
The analysts noted that their crypto miner index has maintained support and could rise another 15% before hitting stronger resistance.
This week, Cipher broke some news
The company announced it delivered a notice of redemption for all outstanding warrants to purchase shares of common stock on Wednesday. The news helped send the stock higher, according to Benzinga, alongside the rebound enjoyed as Bitcoin climbed past $90k again.
CIFR revenue in the past five quarters, according to Fiscal.ai