Tesla, Broadcom, Kroger, Strategy, Coinbase, and Robinhood: Stocks to watch today

In This Story
Stocks rose on Monday as investors awaited President Donald Trump’s tariffs on imports from Canada, Mexico, and China set to take effect on Tuesday. Shortly after the market opened, the S&P 500 rose 0.07%, while the Nasdaq dipped 0.06%. The Dow Jones Industrial Average climbed 0.2%.
Suggested Reading
Nvidia's record earnings reveal just 3 customers make up 30% of revenue
Suggested Reading
Here are stocks to watch today.
Shares of Elon Musk’s Tesla (TSLA+2.73%) surged over 3% in morning trading on Monday after Morgan Stanley analyst Adam Jonas restored the stock as a “Top Pick” in U.S. autos. His price target of $430 per share suggests a potential upside of more than 50% from Tesla’s current share price.
Shares of Broadcom (AVGO-2.47%) lost over 2% in morning trading as the semiconductor manufacturer prepares to report earnings after Thursday’s closing bell.
Kroger’s (KR-1.60%) stock fell more than 1.5% in the morning after CEO Rodney McMullen resigned following an investigation into his personal conduct. The news comes just ahead of the grocery chain’s earnings release on Thursday.
Cryptocurrency-related companies and Bitcoin holders, including Coinbase (COIN+1.94%), Strategy (MSTR+3.33%), and Robinhood (HOOD+0.39%), surged Monday morning following Trump’s announcement of a strategic crypto reserve encompassing Bitcoin and other cryptocurrencies.
After the market opened, Coinbase jumped 5%, MicroStrategy soared 11%, and Robinhood gained 3.2%.