Technology leads the charge with 3 stocks (MSFT, NVDA, AAPL) recently rated strong buy by analysts this Tuesday. Financial giants also gained traction with upgrades to JPM and GS on Wednesday. Average target upside of 18% suggests momentum continues for mega-caps. However, rising yields may pose a valuation risk to high-multiple software names despite the bullish sentiment.
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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.