The Nasdaq composite was up 0.4% and the Dow held a modest decline of 0.3%.
The company maintains mixed IBD Ratings, with a strong EPS Rating of 93, a Composite Rating of 80 and an unimpressive RS Rating of 44.
Two leading growth stocks from the MarketSmith Growth 250 list broke out on Monday.Computer software company and recent IPO stock Palantir (PLTR) broke out past a consolidation buy point of 33.60.The maker of software for institutions to protect personal privacy has a less-than-ideal Composite Rating of 60 but a very healthy RS Rating at 98, indicating strong outperformance.That puts Palantir in the top 2% of stocks for market performance over the past 12 months.
The company has strong IBD Ratings, with a 92 Composite and a 97 RS Rating.Track Daily Stock Market Action With The Big Picture!Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months weeks of IBD Digital for only $20Get market updates, educational videos, webinars, and stock analysisLearn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content