As the Dow Jones Industrial Average and other stock indexes rallied Tuesday, networking giant Cisco Systems (CSCO), IBD Leaderboard stock Lam Research (LRCX), Magnificent Seven stock Alphabet (GOOGL), and Monster Energy (MNST) are among the best names to watch in the current stock market.

With the stock market rally back at new highs, investors should still be looking for new breakouts using The IBD Methodology. It's also important to raise and lower exposure methodically, as those positions gain or lose momentum.

Among the best-performing stocks in the Dow Jones average, Cisco stock is in the 5% buy zone above a 69.78 buy point in a flat base, according to MarketSurge chart analysis. Shares climbed along with the broader market during Tuesday's trade. The stock has jumped about 20% this year, outrunning the Dow's gain of roughly 4%.

Cisco stock backstory: Earnings are due Wednesday after the market close. Wall Street expects the company to earn 98 cents per share on revenue of $14.6 billion, year-over-year increases of 12% and 7%, respectively, per IBD MarketSurge.

Here's How To Analyze Stocks Like Nvidia In Good Times And Bad

Outside Dow Jones Stocks: Lam Research, Monster

Two names to watch outside the Dow Jones index are Lam Research and Monster Energy.

Shares of new IBD Leaderboard stock Lam Research are breaking out past a 102.59 handle entry. They are in the 5% buy zone, as they advanced more than 3% midday Tuesday.

Lam stock backstory: Lam Research supplies wafer fabrication equipment to the semiconductor industry. Earnings popped 36% to $4.13 per share in 2025. Profit is seen rising 7% in fiscal 2026 before accelerating to 14% growth in 2027.

Yes, Top Funds Love Meta, Nvidia And Palantir. But They Go Absolutely Nuts For This AI Stock.

Meanwhile, Monster surged past a 64.45 buy point Friday after the company's strong second-quarter results. Shares rose 0.6% midday Tuesday, just below the latest entry.

Monster stock backstory: Last week, the energy drink maker topped second-quarter earnings and sales estimates. Its profit growth accelerated to 24%, following a 7% increase in the previous quarter. Sales climbed 11%, after dropping 2% in the previous quarter.

As Wall Street Whipsaws, What's An Investor To Do? Start Here

Alphabet Stock In Buy Zone

Another name to watch outside the Dow Jones index is Alphabet. The recent IBD Stock Of The Day topped a handle entry at 197.95 in recent sessions and is nearing the top of the 5% buy range that runs up to 207.85. Shares added 1.5% Tuesday midday.

Alphabet stock backstory: Federal Judge Amit Mehta has ruled that Alphabet illegally maintained a monopoly over online search services and stymied rivals from developing their own products. Sometime in August, Mehta is expected to decide what legal remedies are required.

The Department of Justice has requested that Alphabet's Google be forced to sell its Chrome browser. Mehta also could take action on multibillion-dollar payments that Google makes to Apple (AAPL) to be the default search engine on iPhones.

As Nvidia Rules, Tesla Slides And These Two Mag 7 Names Do Battle

Investing Tips

Following gains in recent sessions, Investor's Business Daily recommends a stock exposure of 80%-100% in the current market. That means that IBD readers should be adjusting their exposure by looking for new breakouts.

An essential resource for daily breakouts is IBD MarketSurge's Breaking Out Today list. It shows MarketSurge Growth 250 stocks that are rising past fresh buy points. Before making any investment decisions, be sure to check current stock market conditions. Also, use IBD Stock Checkup to view ratings for the most important fundamental and technical criteria.

To get chart analysis on stocks to buy and watch, as well as high-odds buy-and-sell alerts, check out IBD MarketSurge, IBD Leaderboard, and IBD SwingTrader.

Best Stocks To Watch, Including A Dow Jones Leader

These are the best stocks to watch that are near buy points, including Dow Jones index leader Cisco.