The stock market staged a strong rebound on Friday following several days of steep losses, with technology and semiconductor stocks leading the rally.
Overall, S&P 500 rose 2.0% to 6,932, while NASDAQ jumped 2.2% to 23,031.
Tweet of the Day
This has been the tweet of the week. https://t.co/W6LNfWwChD
— David Sharek (@GrowthStockGuy) February 6, 2026
Chart of the Day
Here is the one-year chart of Cintas Corporation (CTAS) as of January 2, 2026, when the stock was at $185.
Last quarter, the company reported 11% profit growth on 19% revenue growth, both beating the street by a little. However, management stated that growth will be harder in the second half because last year’s results were unusually strong.
Management also talked about rising costs from technology upgrades, SAP software spending, and tariffs, with some costs continuing into next year.
CTAS has had a P/E that’s been too high for many years. The valuation is coming down, but the stock is still too high to buy in our opinion.
CTAS is on the radar for our Conservative Growth Portfolio. We are looking for the stock to pull back so we can invest.
