Technology leads the charge with 3 stocks (NVDA, MSFT, AAPL) recently rated strong buy as of Tuesday. Consumer Discretionary also gains traction with upgrades to AMZN and WMT. Average target upside of 18% suggests momentum continues following Monday's gains. However, high valuation multiples in software signal potential volatility if upcoming earnings reports miss aggressive growth expectations.
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Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.