Hot or Not, Stock Market Edition: 03/11/2025

The markets march on! Here are some of the biggest movers we’re following right now:

• HOT: The AI trade may not be dead, as evidenced by recent moves for Broadcom (NASDAQ: AVGO) and Nvidia (NASDAQ: NVDA). 
• NOT: Job cuts at Wayfair (NYSE: W), and a lunar faux pas for Intuitive Machines (NASDAQ: LUNR)

P.S. For more stocks making moves, check out our new Zen Ratings Upgrades & Downgrades screener.

🔥 HOT: Shares of Broadcom (NASDAQ: AVGO) gained 8.3% today after issuing positive guidance for 2025 during its earnings call. The market’s reaction to Broadcom’s earnings couldn’t be more different from its response to Nvidia’s earnings last week. We believe that this is primarily due to AVGO’s lower market cap, which gives it a greater growth potential than Nvidia despite being similarly entrenched in the AI boom. Even though AVGO has gained 41.2% since last year, we believe it will continue to grow in 2025 and give it a Zen Rating of B.

🥶 NOT: Wayfair (NYSE: W) gained 5.5% on Friday after the company announced that it would cut 340 jobs thanks to improvements to its tech backend over the last few years. The cuts amount to around 12% of its tech group and 2.5% of its overall workforce. Despite the market’s enthusiasm for this news, we still give W a Zen Rating of C. The stock has lost 21.7% YTD and has poor momentum and sentiment ratings of D and F, respectively.

🔥 HOT: Despite the poor reaction to its recent earnings report, Nvidia (NASDAQ: NVDA) still has some gas left in the tank. NVDA has gained 25% since this time last year but still has some room to grow as businesses continue to increase their AI budgets. A major growth opportunity exists for Nvidia in the robotics and autonomous vehicle sectors if the company can bring its best-in-class AI platform to smaller form factor and lower power devices. We still like NVDA for 2025 and give it a Zen Rating of B and a Buy recommendation.

🥶 NOT: Intuitive Machines (NASDAQ: LUNR) lost 22.3% on Friday after its second moon mission ended in embarrassing fashion. The company’s Athena lander fell over on the moon’s surface after just 24 hours, marking the second time in as many years that a LUNR-made lander has fallen over on the moon. The company’s Odysseus lander failed in a similar matter during a mission last year. LUNR’s financial rating is abysmal (F) and its Value, Sentiment, and Safety ratings are poor — all Ds (hey — if you’re interested in finding safer stocks, read this). We give it an overall D Zen Rating and a Sell recommendation.

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