Editor's note:“Monthly Bullish and Bearish Stocks in Hong Kong and the US”The section closely follows market trends, takes stock of the monthly performance of the Hong Kong and US stock markets, helps Niuyou sort through the hot sectors, strong individual stocks, and major news of the month to find profitable investment topics.
In September, the US stock market trend continued to decline. The US government was mired in a shutdown crisis, the US auto workers' general strike was escalating, and interest rate risks became more prominent, caused the trend of US stocks to decline this month. By the close of September 27, the S&P 500 had fallen 5.17%, the NASDAQ had dropped 6.71%, and the Dow fell 3.37%. Or record the worst monthly performance since 2023.
Although the overall trend in the general market is poor, from a specific perspective, there are still many individual stocks that have performed well in sectors such as information technology and healthcare.
It soared by about 21% during the day! Get$Cisco (CSCO.US)$Premium acquisitions,$Splunk (SPLK.US)$The increase in September was at the top of the list.
According to the news, network equipment giant Cisco bought the company at a price of 28 billion US dollars. Cisco said it would buy Splunk for $157 per share in cash, 31% higher than the San Francisco company's closing price of $119.59 on Wednesday.
The performance is now a “surprise”,$Dell Technologies (DELL.US)$Stock prices soared by more than 21% in response. During the month, stock prices repeatedly hit record highs, and Wall Street raised target prices one after another.
Recently, after IT giant Dell Technology announced results for the second quarter that were far higher than expected, the company's stock price rose more than 20% on the first trading day after the results. In response, Wall Street pointed out that the company has a “rich catalytic path” dominated by artificial intelligence. Among them, after Dell announced the results, analysts raised their target price to a Wall Street high of $70.
The ban on its games has been lifted, “Little Tencent in Southeast Asia”$Sea (SE.US)$There was a sharp rise overnight, with a monthly increase of nearly 12%.
The company's game “Free Fire India” re-entered the Indian market on September 5 after being banned in India for a year and a half. In February 2022, New Delhi blocked “Free Fire,” which was India's most popular Sea mobile game at the time, due to security concerns.
In addition, the healthcare sector also had a strong trend over the month.$Roivant Sciences (ROIV.US)$A cumulative increase of 14%,$Centene (CNC.US)$It rose more than 13%.
On the other hand, the weakest performing stocks this month are as follows:
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