The past week has been a boon for investors in several large-cap stocks, with a number of companies experiencing significant price increases. These gains were largely driven by strong earnings reports, positive guidance for future performance, and upgrades from analysts.
Here are the top ten large-cap stocks that performed exceptionally well over the past week:
1.
Affirm Holdings, Inc. (AFRM):
Shares of Affirm surged 36.04% following the release of their impressive fourth-quarter earnings report, which included optimistic first-quarter guidance. Several analysts responded to these positive results by raising their price forecasts for the stock.2.
Nutanix, Inc. (NTNX):
Nutanix saw its stock price jump 18.80% after reporting fourth-quarter financial results that exceeded expectations. The company also provided first-quarter and FY25 revenue guidance that was higher than analysts’ estimates. As a result, many analysts boosted their price target for NTNX.3.
MongoDB Inc. (MDB):
MongoDB shares gained 16.32% in the past week, fueled by better-than-expected second-quarter financial results and strong guidance for the future. Several analysts responded by raising their price forecasts for the stock.4.
Best Buy Co., Inc. (BBY):
Best Buy stock increased 13.54% following the release of its second-quarter results. The company also raised its FY25 earnings guidance. Several analysts subsequently boosted their forecasts for the stock.5.
GE Vernova Inc. (GEV):
GE Vernova saw its stock price rise 11.62% in the past week after William Blair initiated coverage on the stock with an “Outperform” rating, signaling strong potential for future growth.6.
Trip.com Group Limited (TCOM):
Trip.com shares climbed 11.42% after the company reported positive quarterly results, indicating strong performance in the travel industry.7.
The Cooper Companies, Inc. (COO):
The Cooper Companies shares were up 11.30% after the company reported third-quarter results and issued above-estimates fourth-quarter and FY25 guidance. Several analysts responded by raising their price targets for the stock.8.
Insulet Corporation (PODD):
Insulet shares rose 9.94% after the company announced that its Omnipod device is now approved for use by people with type 2 diabetes in the United States, expanding the product’s reach and potential market share.9.
Veeva Systems Inc. (VEEV):
Veeva shares increased 8.44% following the release of the company’s financial results, which included third-quarter and FY25 adjusted EPS guidance above estimates. Several analysts responded by increasing their price targets for the company.10.
Aspen Technology, Inc. (AZPN):
Aspen Technology shares rose 8.12% in the past week, likely due to positive market sentiment and the company’s strong performance in its respective industry.These companies are attracting significant attention from investors and analysts, and their performance could be an indicator of positive trends within their respective sectors. While past performance is not always indicative of future results, these stocks are definitely worth watching as they may provide opportunities for investors in the coming months.
