Angelica Ballesteros
Thu, Apr 10, 2025, 5:32 AM 2 min read
In This Article:
We precocious published a database of 10 Stocks Bolstered by Broader Market Cheer. In this article, we are going to instrumentality a look astatine wherever Entegris Inc. (NASDAQ:ENTG) stands against different stocks that bolstered by broader marketplace cheer.
The banal marketplace bounced backmost from hefty losses connected Wednesday, with each Wall Street indices finishing successful the greenish territory aft President Donald Trump announced that the US would intermission the imposition of higher tariffs connected 75 countries for 90 days.
In a station connected Truth Social, Trump said that much than 75 countries person called to negociate and person not retaliated successful immoderate way.
“I person authorized a 90-day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, besides effectual immediately,” helium noted.
Following the announcement, the Dow Jones jumped by 7.87 percent, the S&P 500 surged by 9.52 percent, and the tech-heavy Nasdaq soared by 12.16 percent.
Indices aside, 10 companies led the charge, predominantly those with a precocious planetary commercialized exposure.
In this article, we listed Wednesday’s 10 best-performing stocks and elaborate the reasons down their gains.
To travel up with the list, we considered lone the stocks with $2 cardinal marketplace capitalization and $5 cardinal successful trading volume.
A technician successful a specialized cleanroom suit, preparing a microcontamination power pipeline.
Entegris Inc. saw its stock prices leap by 24.73 percent connected Wednesday to extremity astatine $78.48 each arsenic capitalist optimism was fueled by President Donald Trump’s determination to intermission taxes connected US imports.
ENTG, which has manufacturing and probe facilities successful assorted countries crossed North America, Europe, and Asia, is acceptable to payment from the 90-day tariff intermission arsenic it would assistance supply short-term stableness to the semiconductor marketplace and creaseless retired immoderate pricing pressures and operational challenges from the tariffs.
Entegris is simply a starring supplier of precocious materials and process solutions for the semiconductor, beingness sciences, and different high-tech industries. This includes solutions specified arsenic purifying filters, liquid systems, state systems, and precocious liquid, gaseous, and coagulated precursors, among others.
Overall, ENTG ranks 7th connected our database of stocks that bolstered by broader marketplace cheer. While we admit the imaginable of ENTG arsenic an investment, our condemnation lies successful the content that AI stocks clasp greater committedness for delivering higher returns and doing truthful wrong a shorter clip frame. There is an AI banal that went up since the opening of 2025, portion fashionable AI stocks mislaid astir 25%. If you are looking for an AI banal that is much promising than ENTG but that trades astatine little than 5 times its earnings, cheque retired our study astir this cheapest AI stock.