Zacks Investment Research

In the latest trading session, Innovative Industrial Properties ( - Free Report) closed at $52.94, marking a +1.83% move from the previous day. This move outpaced the S&P 500's daily gain of 1.2%. On the other hand, the Dow registered a gain of 1.79%, and the technology-centric Nasdaq increased by 1.52%. Prior to today's trading, shares of the company had lost 3.04% lagged the Finance sector's gain of 4.84% and the S&P 500's gain of 5.15%.

Novavax ( - Free Report) closed at $8.84 in the latest trading session, marking a +2.31% move from the prior day. This change outpaced the S&P 500's 1.2% gain on the day. Meanwhile, the Dow gained 1.79%, and the Nasdaq, a tech-heavy index, added 1.52%. The stock of vaccine maker has fallen by 11.29% in the past month, lagging the Medical sector's loss of 2.77% and the S&P 500's gain of 5.15%. The upcoming earnings release of Novavax will be of great interest to investors.

Just like that, leading stock indexes are once again breaking out to new highs. Anyone who follows my commentary knows I have consistently emphasized buying Magnificent Seven and AI names throughout the recent correction, and even with the market pushing higher again, the opportunity is far from over. As has been the case over the past few years, we remain in the midst of a powerful bull market, one that still appears to have significant room to run.

In the latest trading session, AppLovin ( - Free Report) closed at $477.20, marking a +2.38% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 1.2% for the day. Elsewhere, the Dow saw an upswing of 1.79%, while the tech-heavy Nasdaq appreciated by 1.52%. Coming into today, shares of the mobile app technology company had gained 5.95% in the past month. In that same time, the Business Services sector gained 1.24%, while the S&P 500 gained 5.15%.

Lululemon ( - Free Report) closed the most recent trading day at $167.28, moving +2.68% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 1.2% for the day. Elsewhere, the Dow gained 1.79%, while the tech-heavy Nasdaq added 1.52%. Prior to today's trading, shares of the athletic apparel maker had lost 1.6% lagged the Consumer Discretionary sector's gain of 4.18% and the S&P 500's gain of 5.15%.

Broadcom deepens AI chip partnership with Meta through 2029 to co-develop custom 2nm accelerators. AVGO gains long-term revenue visibility as Meta reduces reliance on third-party GPUs with custom silicon. IGM and AIQ offer diversified exposure to firms benefiting from AI infrastructure build-out.

Chipotle Mexican Grill ( - Free Report) ended the recent trading session at $35.83, demonstrating a +2.14% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 1.2% for the day. Meanwhile, the Dow experienced a rise of 1.79%, and the technology-dominated Nasdaq saw an increase of 1.52%.

AMCON Distributing Company ( - Free Report) shares have gained 23.1% year to date compared with the industry’s 11.9% growth. The company has outperformed other industry players, including Carrefour SA ( - Free Report) and J Sainsbury plc ( - Free Report) . Shares of Carrefour and J Sainsbury have rallied 18.8% and 7.5%, respectively, in the same time frame.

UK economy grew 0.5%, signaling resilience after stagnation and boosting FTSE 100 and FTSE 250 outlook. EWU offers exposure to 72 UK firms and is up 8.8% YTD, led by HSBC, AstraZeneca, and Shell. FLGB provides diversified access across market caps, while FXB tracks pound strength amid recovery.

What a difference a couple of weeks can make. Two weeks ago, the fear of loss had gripped the market, and headlines were blaring that we could be headed for much worse. The Middle East crisis had sent oil skyrocketing, and stocks tumbling. But then stocks rebounded on ceasefire talk and hopes that a lasting peace deal could be had.