Warren Buffett stock Snowflake (SNOW) rocketed higher.
But Century Communities (CCS) managed to pass a buy point amid a broad rally in homebuilder stocks.
Meanwhile, growth stocks were catching up after lagging.The Innovator IBD 50 ETF (FFTY), a bellwether for growth stocks, gained 1.1%.
The Dow Jones Industrial Average was faring best out of the major indexes, surging 1.7%.Boeing stock was the top performer on the Dow Jones today, rising more than 5%.This allowed the Warren Buffett stock to bullishly retake its 50-day moving average in heavy volume.Century Communities managed to pass a buy point as homebuilder stocks outperformed.It is benefiting from a broad rally among homebuilder stocks.
Please follow Michael Larkin on Twitter at @IBD_MLarkin for more on growth stocks and analysis?The Dow Jones Industrial Average and S&P 500 led the stock market rebound Thursday.
The Dow Jones Industrial Average and S&P 500 led the...
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