#stock-rally

#stock-rally

Technology-sector assets like COMM stock have performed well this year, but after a blistering rally, value-focused folks may be concerned about a potential bubble and crash. However, before writing CommScope stock off as overvalued, it's worthwhile to take a deep dive into the company's fundamentals. Then, you can make a more informed decision about a stock that, even after a major melt-up, could actually still be a good value.

has been on a rally that exceeded bullish expectations several times over. This is largely thanks to the company's management pulling off a PR offensive and then turning it into a windfall for the company's balance sheet. In turn, investors got even more bullish, and QBTS stock has been on a relentless rally. All that said, the past month has been less bullish. QBTS stock is only up 1.2% in the past month after falling from its peak.

NVIDIA surged today despite terrible market breadth. Consumer Staples were down 2.36%, Real Estate was down 2.73%, Financials were down 1.7%, and Healthcare was down 1.01%. Even amongst technology stocks, it wasn't smooth sailing. Software stocks got hammered. In after hours trading tonight, shares of Meta Platforms (Nasdaq: META) are down 7% while shares of Microsoft (Nasdaq: MSFT) are down 4%.

Shares of crypto miners rallied on Friday, with Bitfarms, Cipher Mining and Hut 8 extending gains after trading company Jane Street disclosed sizable positions in all three Bitcoin mining companies. Filings submitted to the US Securities and Exchange Commission on Thursday show that Jane Street's trading affiliates own roughly 5.4% of Bitfarms, 5% of Cipher Mining and 5% of Hut 8, representing passive trading positions rather than activist holdings.