Stocks That Could Go Up on Wednesday, November 4, 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 +1.17% 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).

2 of 7 are above their opening price; on average −1.32% from the open so far (S&P 500 ETF: +0.55%).

• 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

   Block (XYZ)

   Financials · About +9% pre-market, up from +6% after hours

   ▲ +2% target

   56% confidence

   EarningsBlock beats third-quarter estimates with adjusted EPS of $1.13 and raises full-year guidance — CNBC

   Block earned an adjusted $1.13 a share on $6.72 billion of third-quarter revenue, against estimates of $1.03 and $6.59 billion, and raised its full-year guidance; gross profit rose 22% and adjusted operating income nearly doubled to $923 million. A beat with a raised outlook is the strongest same-day driver, and the gain widened from about 6% after hours to about 9% this morning. We estimate a further 2% rise above the open is likely at some point today.

   Risk: At about 9% the gap is close to the 10% level where early buyers often take profits in the first hour.

   From $84.00 at 9:30 AM:high +5.05% at 10:20 AMclose +4.18%day +15.14%✓ Reached +2%
2. 2

   Novo Nordisk (NVO)

   Health care · More than +6% pre-market

   ▲ +1.5% target

   56% confidence

   EarningsNovo Nordisk beats earnings estimates and raises its 2026 outlook on GLP-1 sales — CNBC

   Novo reported third-quarter adjusted sales of 79.2 billion Danish crowns against about 73.2 billion expected and earnings of 5.79 crowns a share against about 5.10, and raised its 2026 outlook again. Sales of the Wegovy pill reached 5.39 billion crowns (about $810 million), ahead of forecasts. A beat and raise in the GLP-1 business gives the shares a clear reason to keep rising after the US open.

   Risk: The shares already traded higher in Copenhagen before the US open, so much of the news may be priced in.

   From $42.73 at 9:30 AM:high +1.19% at 9:52 AMclose +0.34%day +6.68%Not yet
3. 3

   Centene (CNC)

   Health care · About +5% pre-market (8:45 AM ET)

   ▲ +2% target

   55% confidence

   SectorAI data center stocks dip, renewables surge after Democrat sweep in US midterm elections — Reuters

   Health insurers are rising after Democrats won both chambers of Congress, on expectations of more government health spending and of Affordable Care Act concessions in budget talks. Centene, a large Medicaid and ACA marketplace insurer, was up 4.5% early and about 5% at 8:45 AM ET, alongside Molina (+6.3%) and hospital operator HCA (+3.7% early). We estimate the sector bid carries Centene at least 2% above its open today.

   Risk: Democrats may lack the votes to restore major Affordable Care Act provisions, so the policy hope could fade during the day.

   From $70.63 at 9:30 AM:high +3.54% at 9:52 AMclose +3.20%day +8.02%✓ Reached +2%
4. 4

   Molina Healthcare (MOH)

   Health care · +6.3% pre-market (8:45 AM ET)

   ▲ +2% target

   54% confidence

   SectorMolina leads health insurers higher as Democrats win the House and Senate — CNBC

   Molina, which earns most of its revenue from Medicaid and ACA marketplace plans, was the biggest gainer among insurers before the open, up 6.3% at 8:45 AM ET, with Centene up about 5% and UnitedHealth up about 1.5%. A Democratic House and Senate are expected to defend those programs in budget talks, and the stock tends to move more than larger peers.

   Risk: A 6% gap on policy hopes rather than company news can fade if the broader rally cools.

   From $220.08 at 9:30 AM:high +1.78% at 9:30 AMclose +1.33%day +7.30%Not yet
5. 5

   First Solar (FSLR)

   Clean energy · +8.5% pre-market (8:45 AM ET)

   ▲ +2% target

   52% confidence

   SectorAI data center stocks dip, renewables surge after Democrat sweep in US midterm elections — Reuters

   Investors expect federal clean-energy support to persist under a Democratic Congress that plans to scrutinize rollbacks of emissions rules, and First Solar rose as much as 9.4% in early trading and was up 8.5% at 8:45 AM ET. As the largest US-based solar manufacturer it is the most direct large-cap beneficiary, with Enphase (+7.6%) and Sunrun also rallying.

   Risk: Policy-driven gaps of 8% or more often give back part of the move once the opening rush passes.

   From $206.00 at 9:30 AM:high +4.31% at 9:37 AMclose −0.80%day +9.92%✓ Reached +2%
6. 6

   Kraft Heinz (KHC)

   Consumer staples · +3% pre-market

   ▲ +1.5% target

   52% confidence

   DealKraft Heinz agrees to sell its North American coffee business to One Rock Capital Partners and beats estimates — CNBC

   Kraft Heinz agreed to sell its North American coffee business to One Rock Capital Partners and reported third-quarter adjusted earnings of 53 cents a share against 42 cents expected, a beat of about 26%. A portfolio sale plus a clear earnings beat gives a slow-moving staple a reason to re-rate, and the Dow-led rally favors value names today.

   Risk: Kraft Heinz moves little on most days, so a 1.5% rise from the open needs the morning bid to hold.

   From $25.30 at 9:30 AM:high +3.85% at 11:04 AMclose +3.34%day +6.63%✓ Reached +1.5%
7. 7

   Sunrun (RUN)

   Clean energy · +8.6% pre-market (8:45 AM ET)

   ▲ +3% target

   48% confidence

   SectorPremarket movers: Trump Media, AI infrastructure stocks fall; AMD jumps — Investing.com

   Sunrun was up 8.6% before the open and as much as 10% early, as investors bet a Democratic Congress will keep federal support for residential solar in place. It is one of the most volatile names in the group, so a 3% rise from the open is within reach if the solar bid holds after the opening bell.

   Risk: With the 10-year Treasury yield at 4.95%, high financing costs remain a drag on residential solar if the policy rally fades.

   From $9.45 at 9:30 AM:high +4.76% at 9:36 AMclose −1.38%day +7.37%✓ Reached +3%
8. 8

   Arista Networks (ANET)

   Technology · +4% pre-market, down from +12% after hours

   ▲ +2% target

   47% confidence

   GuidanceArista Networks forecasts fourth-quarter revenue of $3.9 billion to $4.0 billion, above the $3.60 billion estimate — CNBC

   Arista guided fourth-quarter adjusted EPS to $1.26-$1.30 and revenue to $3.9-$4.0 billion, against estimates of $1.15 and $3.60 billion, after third-quarter revenue of $3.66 billion beat the $3.33 billion consensus. The gain shrank to about 4% before the open as AI data-center stocks sold off on the election result, but a guide this far above consensus gives buyers a reason to step in after the open.

   Risk: If the sell-off in AI data-center stocks deepens after the Democratic wins, the gap could keep fading.

   From $179.00 at 9:30 AM:high +5.32% at 9:51 AMclose +1.04%day +6.44%✓ Reached +2%

1. Stocks making the biggest moves premarket: Trump Media, Tesla, CoreWeave, Novo Nordisk and more — CNBC
2. Stocks making the biggest moves after hours: Arista Networks, CVS Health, AMD, Super Micro, Skyworks Solutions & more — CNBC
3. Dow futures soar 1,000 points as big midterm wins by Democrats remove political uncertainty risk on Wall Street: Live updates — CNBC
4. AI data center stocks dip, renewables surge after Democrat sweep in US midterm elections — Reuters
5. Premarket movers: Trump Media, AI infrastructure stocks fall; AMD jumps — Investing.com
6. Novo Nordisk Lifted Its Outlook Again, Thanks To Wegovy Pills — Finimize
7. The Stock Market Today, November 3, 2026, Ended Mixed as Chip Stocks Lifted the Nasdaq and Apple Weighed on the Dow — StockTitan
8. Closing Look — Tuesday, November 3, 2026 — Capp Notes

• 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.