Communication Services and Industrials lead the charge with several large-cap stocks, including T, TMUS, VZ, and BA, recently rated strong buy by analysts. Technology giants like ASML and BABA also received upgrades. Average target price upside suggests continued momentum. However, Alphabet (GOOG, GOOGL) saw a notable downgrade to moderate buy, signaling caution in some mega-cap tech.
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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.