Your stocks to watch for the week ahead are Apple (AAPL), Google parent Alphabet (GOOGL), Mastercard (MA), UnitedHealth (UNH) and Prudential Financial (PRU).
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Those names are all near buy points following recent earnings reports, taking big potential risk off the table in a tricky market. The relative strength lines for these stocks are either near all-time levels or at least trending higher. The RS line, the blue line in the charts provided, offers an easy way to spot leaders or laggards. It tracks a stock’s performance vs. the S&P 500 index.
Google stock is on IBD Long-Term Leaders. Mastercard was Friday’s IBD Stock Of The Day.
Apple Stock
Apple stock is above its 50-day line. Shares rose 1.2% to 172.39 in last week’s stock market trading.
Shares of the iPhone maker could form a handle of a base within a week. Investors could use a break above this past week’s high as…