With Wall Street's recent rally, it's a prime time to dive into the top stocks to trade this week.

Top Stocks to Watch This Week: Expert Recommendations and Insights

Given the recent surge of Wall Street amid a rally this week, it’s the perfect time to get into the top stocks to trade this week

A plethora of different sectors are available for trading with hopes of a cut in interest rates that is also driving investors to take advantage of stocks that have become enticing.

Top Stocks to Buy Now: Market Sentiment Shifts

The renewed interest in stocks to buy right now was piqued by the general optimism in the market after the brief spurt by Wall Street on Monday following the assassination attempt that increased the chances of Donald Trump getting a second term as US president.

Political sentiment remains bolstered by hopes of interest-rate cuts, as well as expectations that Trump’s; truncated re-election campaign would continue the hawkish stance on trade and energy policy, as well as a loosening of regulatory regimes on energy, cryptocurrency, and a host of other issues. 

All of this makes the following top stocks more appealing.

The Dow and the S&P 500 both hit new intra-day highs, as did Treasury yields, as investors speculated that Trump’s policy stances would result in greater inflationary pressures and government debt. 

Excitement over Trump’s chances of winning among retail investors, which are reflected on the PredictIt odds market, hit 60 cents on Friday and improved to 67 cents, post-attempt. 

Top stocks related to Trump’s plans – such as Trump Media & Technology Group, which skyrocketed 26.8%; Phunware, an app developer, up 4.6%; and video-sharing site Rumble, increasing 5.4% – also very much increased.

Investors willing to piggyback on these sentiments might instead want to bet on which companies will benefit from Trump’s policies, directly or indirectly. Suggested watchlist: Trump Media  Technology Group (DJT.O), Phunware (PHUN.O) Rumble (RUM.O). 

Top Stocks Today -European stocks saw slight gains on Monday, while government bond yields eased in anticipation of potential interest rate cuts by the European Central Bank (ECB).
Top Stocks Today – US stocks saw gains on Monday as markets take in a surge in popularity for Donald Trump.

Top Stocks to Watch in Technology

Meanwhile, technology is again proving to be fertile ground for best-performing stocks. In early Monday trading, both the S&P 500 and the Dow Jones Industrial Average hit all-time intraday highs on strength in tech-related stocks. If and when Trump returns, technology stands to do well, given the new president’s promise to roll back regulation.

So if you want to trade tech stocks, you might want to take a look at the ones that are set to benefit from deregulation: 

Apple Inc (AAPL): Arguably the best stock to buy, the company is always growing its market share and improving its bottom line.

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Microsoft Corp (MSFT): From its cloud services to doorstep deliveries, enterprise solutions are essential to anyone involved with technology.

NVIDIA Corp (NVDA) This chipmaker is the king of graphics processing units (GPUs) and artificial intelligence. Its dominance should continue into the future. 

However, if you want to take advantage of trading in these stocks, you might want to use technical analysis along with market news to determine entry and exit times adequately and occasionally. You can apply indicators such as moving averages, support and resistance levels, as well as measures of volume, to facilitate your decision-making process.

Top Stocks in Cryptocurrency: A Promising Sector

Bitcoin gained to a two-week high, leading to Wall Street’s rising top stocks in cryptocurrency. Among the big names in crypto, Coinbase Global, Marathon Digital Holdings and Riot Platforms respectively advanced 8.9%, 10.9%, and 9.9%.

 As more and more investors find the allure of cryptocurrency competition noteworthy, it’s understandable that crypto stocks rose. Traders are placing bets on Trump’s expected economic strategy of a lighter regulatory touch on digital currency.

Crypto trading is extremely volatile but – if you can take the risk – the opportunities for upside are enormous. Here are three crypto stock trading tips that you can try:

Buy and Hold: Work for long-term investors who believe cryptocurrency will continue to appreciate.

Day Trading: the act of closely monitoring market movements and reacting quickly to profit from small and short-term price movements.

Swing trading: Holding a stock for a couple of days or weeks at a time to profit from upward or downward market moves. 

For those looking to dive into crypto stocks, consider the following:

Coinbase Global (COIN.O) is the largest exchange for trading cryptocurrencies.

Marathon Digital Holdings (MARA.O): one of the largest crypto mining firms.

Riot Platforms (RIOT.O) is another public company in cryptocurrency mining, with a bigger upside potential.

Top Stocks in Defense and Security

Meanwhile, stocks expected to benefit from the second act of Trumpism also spiked. Smith  Wesson, a gunmaker, and GEO Group, which runs private prisons for the government, sprang 11.9% and 10.5% higher, respectively. The top stocks are set to gain from the expected continuation of Trump’s defense and security policies, which are likely to be met with increased government contracts and support.

Anyone wanting to trade defense and security stocks should be up-to-date on government policy and contracts.

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 Consider the following:

[XYZ D] – Smith  Wesson  Brands  Inc.  (SWBI O):  The large-scale manufacturer of firearms benefits from the rise in defence budgets. 

GEO Group Inc (GEO.N): Operates private prisons and detention facilities, and is likely to gain more contracts under a Trump administration. 

Top Stocks in Finance and Retail

There was a lot of movement in the financial sector, with the S&P 500 financials index up 1.5%. Goldman Sachs hit another record high after it edged out its reports that its second-quarter profit more than doubled. 

One glaring example of stocks reaching record levels was at Macy’s where its shares closed down 12.9% after cutting talks with two hedge funds, Arkhouse Management and Brigade Capital, over a buyout.

For individuals who mostly deal with the financial sector when trading, it is preferable to stick to the companies that post strong earnings reports and have positive future outlooks. The key stocks are:

Goldman Sachs (GS.N): This bank continues to perform at all-time highs and remains solidly capitalized. It’s among the top financial names to buy. 

JPMorgan Chase  Co (JPM): A giant U.S. bank that continues to deliver – JPMorgan still delivers strong performance and good growth prospects.

The retail investor must know the true-to-life state of affairs when it comes to what consumers are up to and what businesses are making. Here’s a basket of stocks to track:

Amazon.com Inc. (AMZN): The world’s largest online retailer and cloud-computing provider continues to be an outperformer. 

Walmart Inc (WMT): As the king of the planet’s retailers, Walmart’s market share and diversified reach ensure that it remains a solid bet for long-term trading.

With Wall Street's recent rally, it's a prime time to dive into the top stocks to trade this week.
With Wall Street’s recent rally – it’s a prime time to dive into the top stocks to trade this week.

Top Stocks for Small-Cap Investors

The small-cap Russell 2000 leaped to its highest level since January 2022 – up 2.2%, its third consecutive week of gains, and one more piece of evidence of another rotation from tech-heavy megacaps into smaller stocks. Still, for this broadening to hold, the figures will have to have meat, as Ben McMillan, chief investment officer at IDX Advisors, puts it.

Small-cap stocks provide high growth potential with data but they are also more risky than large-cap stocks. Traders should research thoroughly and diversify their portfolios. Here are some small-cap stocks to keep an eye on. 

Plug Power Inc (PLUG): An emerging leader in hydrogen fuel-cell technology that is poised for strong growth. 

Ballard Power Systems Inc (BLDP): Another ‘green energy stock’, Ballard trades in hydrogen fuel technology.

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Palantir Technologies Inc (PLTR): Palantir’s business in big data analytics is growing, both for the government and in the commercial world.

On the heels of recent events – particularly the ongoing saga of when Trump will leave office next – the market has become volatile. 

This will be particularly clear as the fourth quarter corporate earnings season gets into full swing, forcing investors to watch to see how mega-caps can continue to justify extreme stock valuations and which of the several lagging sectors in the market have posted massive gains this year can sustain the momentum. 

The coming week in trading should be one where top stocks in tech, crypto, defense, finance, and small-cap sectors across the market have something to offer.

So whether you’re new to the stock game or a seasoned pro, watch these stocks and the underlying sectors; they’re a great place to start. Use fundamental and technical analysis together, stay on top of market news monitor how your stock is doing, and be prepared to adjust your strategy as you go.

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