Apple, Taiwan Semi Lead Five Stocks Near Buy Points

Apple (AAPL) and Taiwan Semiconductor Manufacturing (TSM) lead Investor's Business Daily's weekend watch list of top growth stocks approaching technical buy points. Apple gained 1.75% on Friday to finish at $332.27, extending Thursday's 3.6% rebound that reclaimed its 50-day moving average. The recent price action broke a descending trendline from late July, offering an early entry signal ahead of its traditional $344.57 flat-base buy point. The bullish move followed the recent unveiling of the foldable iPhone Duo and the iPhone 18 lineup, alongside new wearables integrating Siri AI capabilities. TSM is also showing technical strength, holding above its 50-day moving average at $433.24 after reporting a 53.3% year-over-year jump in August revenue. A move above $439 presents an early entry ahead of a traditional $479 cup-base buy point. Despite these strong individual setups, the broader market faces headwinds, including rising Treasury yields and surging crude oil prices, which have prompted analysts to recommend conservative exposure levels between 40% and 60%.