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Palantir, Intel, Arista, Occidental, And Tesla: Why Are These 5 Stocks On Investors' Radars Today

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Palantir, Intel, Arista, Occidental, And Tesla: Why Are These 5 Stocks On Investors' Radars Today

Major U.S. indices closed higher on Tuesday, with the Nasdaq gaining 0.07% to 20,041.26 and the S&P 500 edging up 0.2% to 6,129.58. The Dow Jones Industrial Average inched up 0.02% to 44,556.34.

These are the top stocks that gained the attention of retail traders and investors throughout the day.

Palantir Technologies Inc. (NASDAQ:PLTR)

Palantir Technologies saw a rise of 4.58%, closing at $124.62. The stock hit an intraday high of $125 and a low of $118.43, with a 52-week range between $15.67 and $125. U.S. Rep. Marjorie Taylor Greene (R-Ga.) disclosed purchasing Palantir shares, sparking discussions about potential conflicts of interest due to her political connections.

Intel Corporation (NASDAQ:INTC)

Intel Corporation shares surged 16.06% to close at $27.39, reaching a high of $27.55 and a low of $24.49. Its 52-week range is $18.51 to $46.63. The stock climbed after reports that Broadcom and TSMC are considering acquiring parts of Intel’s operations, including chip design and manufacturing facilities.

Arista Networks, Inc. (NYSE:ANET)

Arista Networks rose 3.92%, closing at $111.06, with an intraday high of $112.12 and a low of $108.25. The stock’s 52-week range is $60.08 to $133.57. The increase came after the company reported fourth-quarter financial results. Revenue came in at $1.93 billion beating analyst estimates while adjusted earnings per share of 65 cents also exceeded expectations.

Occidental Petroleum Corporation (NYSE:OXY)

Occidental Petroleum shares edged up 1.62% to $48.84, with a high of $49.14 and a low of $47.91. The stock’s 52-week range is $45.17 to $71.19. The company reported mixed fourth-quarter results, with earnings beating expectations but revenues falling short.

Tesla, Inc. (NASDAQ:TSLA)

Tesla shares dipped 0.49%, closing at $354.11. The stock hit an intraday high of $359.10 and a low of $350.02, with a 52-week range of $138.8 to $488.54. A fund manager advised investors to remain analytical about Tesla’s stock, emphasizing the importance of discipline over emotional attachment to the brand.

Image via Shutterstock

Prepare for the day’s trading with top premarket movers and news by Benzinga.

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This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal

 

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