Dow Jones Leader Amazon, AI Stock Quanta, Monster Beverage In Or Near Buy Zones
Investor's Business Daily highlights Amazon as the Dow leader and several growth names trading near buy points as major indexes push record highs. IBD notes Amazon is in a 5% buy zone above a 258.60 buy point and cites Jefferies' bullish view (320 price target) tied to AWS AI acceleration. Travere moved out of a 42.13 buy point after an April 14 FDA approval, Monster is testing an 87.38 cup-base entry, and Quanta Services is rebounding off its 21-day moving average with data-center/A.I. exposure and forecasts for 100%–120% revenue growth in its tech/load-center market. IBD recommends maintaining 80%–100% stock exposure and adding to strong breakouts, signaling a generally bullish market stance focused on AI and breakout technical setups.