Stocks @ Night is a daily newsletter delivered after hours, giving you the first information about tomorrow and the last information about today. Sign up for free to receive it straight to your inbox. As the Nasdaq Composite drops for the fourth day in a row, here’s what CNBC TV producers were watching and what they’re eyeing for next trading. SpaceX Friday marks two weeks since SpaceX debuted. The IPO price was $135 per share. The stock closed Thursday’s trading at $153. At its all-time high, the stock reached $225.64 on June 16th. Nine analysts cover the stock so far, according to FactSet. 5 people rate it as a buy, while 2 rate it as a hold. The other two rate it underweight or sell. Morningstar’s price target is $62. The consensus price target among analysts covering the stock is $242.57. CNBC’s Seema Modi will cover the numbers in depth on Friday. “Wake Up Call” has more on SpaceX and beyond with CNBC TV’s Morgan Brennan, who has been covering it all since the beginning. SPCX 5D Mountain SpaceX Stocks Over the Past 5 Business Days CVS CNBC contributor and “Halftime Report” trader Josh Brown loves CVS. He called the company “the best stock on the market” on Thursday’s “Halftime.” The stock has risen 45% in three months and hit a new high on Thursday. Analysts are on his side, with 25 rating the stock overweight or buy, and five holding it, according to FactSet. The average price target is $104.25. The stock closed at $104.66. But Josh Brown said, “This is enough market cap for enough people to make money.” “There’s a big market out there. Mag7 doesn’t always have to be at the top of the 52-week high price list,” he said. The Magnificent Seven Speaking of the Magnificent Seven, these stocks are all down double digits from their highs. Tesla is down 25% from its December high. Nvidia is down 17% from its May high. Microsoft is down 36% from its July high. Metaplatforms has fallen 32% from its August high. Alphabet is down 18% from its May high. Apple is down 13% from its highs earlier this month. Shares fell 6% today as the company announced price hikes for iPads and MacBooks. All of these stocks are down double digits in the month except for Nvidia, which is down 9% over the same period. META Past Month Meta Platform 1 Million Mountains Top Sectors So Far This Week Technology and Communication Services are at the bottom. Health care is up 4.6% since the start of the week. Utility bills rose 3% this week. Real estate is up 2.5% since the beginning of the week. Friday’s data The University of Michigan’s consumer sentiment data for June will be released at 10 a.m. ET. Economists polled by Dow Jones expect the situation to remain fairly stable, forecasting a reading of 49.0, compared with last month’s reading of 48.9. There’s a lot to this number, but if you look at the State Street SPDR S&P Retail ETF (XRT), it gained 4.3% in June and is up 9.4% in three months.
