Investors like AeroVironment's drones, but its expensive stock price? Not so much.
As the stock market takes a breather, a few IBD 50 stocks have come off their perch. PDD Holdings climbed as much as 15.7% from a 142.32 handle buy point, but the stock is now below that entry. This is a pretty clear-cut case of a sell signal, namely a round-trip of gains from the breakout.
Micron is back in growth mode, helped by strong demand from cloud providers, which use high-bandwidth memory in AI data centers.