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Apple And Broadcom Were Among 10 Large Cap Stocks With Biggest Gains In The Last Week (June 9-June 15, 2024): Are They In Your Portfolio?

Published 16/06/2024, 18:45
© Reuters.  Apple And Broadcom Were Among 10 Large Cap Stocks With Biggest Gains In The Last Week (June 9-June 15, 2024): Are They In Your Portfolio?
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Benzinga - by Lekha Gupta, Benzinga Editor.

These large-cap stocks were the best performers in the last week. Are they in your portfolio?

  • Broadcom Inc. (NASDAQ:AVGO) shares jumped 23.07% after the company reported upbeat results for its fiscal second quarter. Many analysts raised the price forecast on the stock.
  • Arm Holdings Plc (NASDAQ:ARM) jumped 17.14% on the report that the company will join the Nasdaq-100 Index starting June 24, 2024.
  • Caseys General Stores, Inc. (NASDAQ:CASY) shares escalated 13.99% after the company reported better than expected Q4 financial results and increased its quarterly dividend. Many analysts boosted their price forecast on the stock.
  • Qorvo Inc (NASDAQ:QRVO) shares gained 13.69% in the last week. Shares of semiconductor stocks gained in the last week after softer-than-expected CPI figures lifted socks on Wednesday while AI optimism continues to boost the sector.
  • Skyworks Solutions, Inc. (NASDAQ:SWKS) shares rose 12.97% on the optimism for the semiconductor sector.
  • Zillow Group, Inc. (NASDAQ:Z) shares jumped 12.68% following the purchase of 2,338,036 shares by a company director.
  • Arista Networks, Inc. (NYSE:ANET) stock upped 12.24%.
  • Rentokil Initial Plc (NYSE:RTO) shares advanced 10.09% in the last week following a report suggesting Trian has amassed a stake in the company.
  • Oracle Corporation (NYSE:ORCL) shares escalated 9.97% on the heels of the company's quarterly results. The company also announced partnerships with Google (NASDAQ:GOOGL), Microsoft Corp. (NASDAQ:MSFT) and, OpenAI. Several analysts raised the price forecasts on the stock.
  • Apple Inc. (NASDAQ:AAPL) shares increased 7.74% following its annual WWDC event , during which the company unveiled several new AI software features.
  • Also Read: Celsius And PayPal Were Among The 10 Biggest Large Cap Losers Last Week (June 9-June 15): Are These In Your Portfolio?

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    © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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