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Moderna Was Among The Best Performing Large-Cap Stocks Last Week (May 20-May 26, 2024): Are They In Your Portfolio?

Published 26/05/2024, 15:44
© Reuters. Moderna Was Among The Best Performing Large-Cap Stocks Last Week (May 20-May 26, 2024): Are They In Your Portfolio?
FLEX
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NVDA
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ADI
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IP
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FSLR
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LOGI
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ELF
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MRNA
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BNTX
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MNDY
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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?

  • First Solar, Inc. (NASDAQ:FSLR) shares jumped 41.5% possibly in response to President Joe Biden's recent announcement of increased tariffs on Chinese imports, which included a significant hike on solar cells. Also, several analysts raised the price target.
  • Moderna, Inc. (NASDAQ:MRNA) shares surged 23.4% on reports indicating disease experts predict a small rise in COVID-19 cases this summer.
  • E.L.F. Beauty, Inc. (NYSE:ELF) shares escalated 21.9% following continued strength on better-than-expected Q4 earnings. Several analysts revised the price target.
  • NVIDIA Corporation (NASDAQ:NVDA) shares increased 13.50% after the company reported better-than-expected Q1 2025 financial results and issued Q2 2025 revenue guidance with its midpoint above estimates. Also, the company announced a 10-for-1 forward stock split and increased its quarterly dividend per share on a post-split basis.
  • International Paper Company (NYSE: IP) shares were 10.7% after Suzano confirmed interest in the company and an analyst upgraded the stock.
  • Analog Devices, Inc. (NASDAQ:ADI) shares rose 8.2% following better-than-expected Q2 financial results. Several analysts raised the price target on the stock.
  • Flex Ltd. (NASDAQ:FLEX) shares grew 7.84% last week.
  • Logitech International S.A. (NASDAQ:LOGI) shares upped 7.70%. The company launched MeetUp 2, the AI-driven, next-generation of bestselling video bars for huddle rooms.
  • BioNTech SE (NASDAQ:BNTX) shares increased 7.04% following reports indicating disease experts predict a small rise in COVID-19 cases this summer.
  • Monday.Com Ltd. (NASDAQ:MNDY) shares rose 6.2%, gaining momentum following better-than-expected Q1 financial results previously and a Q2 FY24 revenue guidance above estimates, and analysts boosted price targets.
    • Also Read: Lululemon Athletica Was Among The Worst-Performing Stocks Last Week: Are These 10 Large-Cap Stock Losers In Your Portfolio?

    Photo via Wikimedia Commons

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

    Read the original article on Benzinga

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