Stocks That Could Go Up on Monday, November 2, 2026

Target: the expected rise from the open to the day’s high; confidence: the chance we gave it of getting there. “To the high” and “to the close” are counted from the 9:30 AM opening price.

Picked by rules, not news: the setups were tested on every S&P 500 stock that opened 2% or more from the day before since 2016, and are read from pre-market prices at 8:55 AM ET. These stocks fell 2–6% before the open, at least 1.5 points more than the market, after a down day and without earnings news. The S&P 500 ETF was +0.49% at 8:55 AM ET. Since 2016 such stocks closed above their opening price 53% of the time and rose at least 1% above it 72% of the time; held from the open to the close they about broke even after costs (−0.04% a day in 2016–2022, 0.00% in 2023–2026).

0 of 2 closed above their opening price; on average −10.01% from the open to the close (S&P 500 ETF: −0.97%).

• Rebound

  Down 2–6% before the open, at least 1.5 points more than the S&P 500 ETF, after a down day, no earnings.

  On S&P 500 gap days since 2016 (3,150 picks on 1,223 days): closed above the open 53% of the time, rose at least 1% above it 72% and 2% 50%; held from the open to the close, −0.04% a day in 2016–2022 and 0.00% in 2023–2026 after costs.

1. 1

   Estée Lauder (EL)

   Consumer staples · +3.5% pre-market

   ▲ +2% target

   60% confidence

   EarningsEstée Lauder reports fiscal 2027 first-quarter results and raises its full-year outlook on sales, margin and EPS — The Estée Lauder Companies

   Adjusted EPS was $0.72 against the $0.51 FactSet consensus and $0.32 a year ago, on net sales of $3.715 billion (up 7%, organic up 6%) versus $3.65 billion expected. The company raised its fiscal 2027 adjusted EPS range to $3.20–$3.45 from $3.10–$3.35 and organic sales growth to 4.0–5.5% from 3–5%; a beat with raised guidance is the strongest same-day driver, and a 3.5% gap leaves room to extend.

   Risk: Cautious comments on China or travel retail on the earnings call could cut the early gain.

   From $112.26 at 9:30 AM:high +1.10% at 9:30 AMclose −6.67%day −4.08%✗ Missed +2%
2. 2

   CrowdStrike (CRWD)

   Technology · +3.4% pre-market

   ▲ +2% target

   58% confidence

   UpgradeDeutsche Bank upgrades CrowdStrike to Buy from Hold, target $300 — CNBC

   Deutsche Bank's Brad Zelnick argues the market still underrates how much AI will expand cybersecurity spending, with CrowdStrike placed to lead, and set a $300 target. Shares were up 3.4% before the bell, Palo Alto Networks rose 2% in sympathy, and Nasdaq-100 futures up 0.8% give the upgrade a supportive tape after last week's AI sell-off.

   Risk: Upgrade gaps in large caps often fade after the first hour if the tech rebound stalls.

   From $253.00 at 9:30 AM:high +0.24% at 9:30 AMclose −4.42%day −3.44%✗ Missed +2%
3. 3

   Rivian Automotive (RIVN)

   Consumer discretionary · +3.8% pre-market

   ▲ +3% target

   55% confidence

   UpgradeUBS upgrades Rivian to Buy from Neutral, target $17 — CNBC

   UBS's Joseph Spak calls the 19% drop over the past month, against a 1% dip in the S&P 500, a buying opportunity ahead of the R2 midsize SUV ramp and a gross-margin turn, with a $17 target about 40% above the $12.16 last price. The stock's high volatility makes a 3% push above the open realistic on upgrade news.

   Risk: EV stocks swing hard with the market, and the gain could fade if tech gives back its early rebound.

   From $12.75 at 9:30 AM:high +7.41% at 11:15 AMclose +3.45%day +8.47%✓ Reached +3%
4. 4

   Micron Technology (MU)

   Technology · About +2% pre-market (+2.7% earlier in the session)

   ▲ +2.5% target

   55% confidence

   SectorMemory stocks rebound as traders return to AI names after Friday's steep sell-off — CNBC

   Micron, SanDisk and Western Digital were each up about 2% before the bell as buyers returned to AI names after a steep Friday sell-off, with Nvidia, AMD and CoreWeave also higher. Bernstein reiterated Overweight on Nvidia and Broadcom, saying AI fundamentals are improving even as confidence in the trade fades, which supports a bounce in the most beaten-down chip names.

   Risk: Kioxia fell about 14% after warning that flash memory prices are stalling, and Melius cut AI chip targets, so the rebound could fail.

   From $890.54 at 9:30 AM:high +0.17% at 10:29 AMclose −6.39%day −5.78%✗ Missed +2.5%
5. 5

   United Airlines Holdings (UAL)

   Industrials · Pre-market move not confirmed; Brent -6.1% to about $106.54

   ▲ +2.5% target

   52% confidence

   MacroCrude oil dives to session low on Iran peace talk hopes ahead of midterms — CNBC

   Brent fell 6.07% to $106.54 a barrel and WTI 6.2% to $97.65 by about 8:55 AM ET after Secretary of State Marco Rubio said President Trump wants to resolve the Iran conflict diplomatically and Iran signaled a deal is still possible. Jet fuel is one of United's largest costs, and airline stocks have jumped on earlier Iran de-escalation headlines this year.

   Risk: Oil is still near $100 and the talks could break down, which would reverse the airline move quickly.

   From $108.96 at 9:30 AM:high +2.80% at 10:26 AMclose +0.26%day +4.80%✓ Reached +2.5%
6. 6

   Vertiv Holdings (VRT)

   Industrials · +2.5% pre-market after a 5% drop on Friday

   ▲ +2.5% target

   52% confidence

   SectorVertiv and Bloom Energy rebound before the bell after last week's AI-infrastructure sell-off — CNBC

   Vertiv was up 2.5% before the bell after sliding 5% on Friday, and Bloom Energy rose 2.3% after an 8% drop, as investors bought last week's AI-infrastructure sell-off. Marvell's $115 billion all-stock deal for Lumentum is a fresh sign of how much money is still going into AI data centers, which supports power and cooling suppliers.

   Risk: If the AI rebound stalls, high-multiple data-center suppliers usually fall fastest.

   From $235.73 at 9:30 AM:high +1.60% at 9:34 AMclose −4.87%day −3.55%✗ Missed +2.5%
7. 7

   Applied Optoelectronics (AAOI)

   Technology · Pre-market move not confirmed

   ▲ +4% target

   50% confidence

   UpgradeNorthland Securities upgrades Applied Optoelectronics to Outperform from Market Perform, target $120 — MarketBeat

   Northland Securities moved Applied Optoelectronics to Outperform with a $120 target, about 74% above the $69.05 last price. The upgrade lands as Marvell agrees to buy optical-component maker Lumentum in a $115 billion all-stock deal, a valuation marker for the whole optical-networking group.

   Risk: Applied Optoelectronics is one of the most volatile names on the list and can reverse just as fast.

   From $70.53 at 9:30 AM:high +1.48% at 10:43 AMclose −11.39%day −9.49%✗ Missed +4%
8. 8

   Marvell Technology (MRVL)

   Technology · +3% pre-market

   ▲ +2% target

   48% confidence

   DealMarvell to buy Lumentum in $115 billion deal in AI data-center bet — CNBC

   Lumentum holders get 4.5 Marvell shares for each share and will own about 33% of the combined company, adding optical components to Marvell's AI data-center chips; the deal is expected to close in the first half of 2028. Marvell was up 3% before the bell after falling about 22% since talks were first reported, suggesting much of the dilution was already priced in.

   Risk: Merger-arbitrage funds often short the buyer in all-stock deals, and Melius cut its Marvell target today, which can cap the gain.

   From $191.56 at 9:30 AM:high +0.39% at 9:30 AMclose −10.52%day −12.72%✗ Missed +2%

1. Stocks making the biggest moves premarket: CrowdStrike, Rivian, Micron & more — CNBC
2. Monday's big analyst calls: Nvidia, SpaceX, Apple, Rivian, Amazon, CrowdStrike — CNBC
3. Stock futures jump as oil prices tumble before midterms, tech shares rebound — CNBC
4. Marvell to buy Lumentum in $115 billion deal in AI data-center bet — CNBC
5. Crude oil dives to session low on Iran peace talk hopes ahead of midterms — CNBC
6. Estée Lauder fiscal 2027 first quarter results (Form 8-K, Exhibit 99.1) — The Estée Lauder Companies
7. Stock upgrades today — MarketBeat
8. Markets — CNBC

• Every trading day at 9:00 AM ET, before the 9:30 AM open, we read last night’s and the morning’s company news — earnings and guidance, analyst upgrades, deals and contracts, product and regulatory news, index changes — and pick the 6–10 liquid US stocks most likely to rise that day.
• Each pick gets a target (the expected rise from the open to the day’s high) and a confidence (the chance of getting there), and we weigh the size of the surprise, the pre-market move and the market’s mood. Stocks under $5, thinly traded ones, and targets of cash takeovers are left out.
• Each list is measured from the moment it could be acted on: the 9:30 AM opening price, or the minute it went public if that was later. “To the high” is the rise from there to the session’s highest price; “to the close”, to the closing price. A pick reaches its target when its rise to the high is at least the target.
• Beside it, a second list picked only by the data: at 8:55 AM ET a screen reads every S&P 500 stock’s pre-market price and lists those matching setups tested on every gap day since 2016, with what each setup did then. It reads no news and stays empty when nothing matches; both lists are scored the same way so their records can be compared.
• The S&P 500 ETF (SPY) over the same minutes is shown as the bar to beat. Results are live while the market trades and final after the close; every past list stays online with its results.