Zinger Key Points
- Broadcom shares gained 23% in the lasst week on upbeat Q2 results.
- Oracle shares escalated 9.97%.
- Discover Fast-Growing Stocks Every Month
These large-cap stocks were the best performers in the last week. Are they in your portfolio?
- Broadcom Inc. 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 ARM jumped 17.14% on the report that the company will join the Nasdaq-100 Index starting June 24, 2024.
- Caseys General Stores, Inc. 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 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. SWKS shares rose 12.97% on the optimism for the semiconductor sector.
- Zillow Group, Inc. Z shares jumped 12.68% following the purchase of 2,338,036 shares by a company director.
- Arista Networks, Inc. ANET stock upped 12.24%.
- Rentokil Initial Plc RTO shares advanced 10.09% in the last week following a report suggesting Trian has amassed a stake in the company.
- Oracle Corporation ORCL shares escalated 9.97% on the heels of the company's quarterly results. The company also announced partnerships with Google GOOGL, Microsoft Corp. MSFT and, OpenAI. Several analysts raised the price forecasts on the stock.
- Apple Inc. AAPL shares increased 7.74% following its annual WWDC event , during which the company unveiled several new AI software features.
Photo via Shutterstock
AAPLApple Inc
$255.352.23%
ANETArista Networks Inc
$113.994.51%
ARMARM Holdings PLC
$130.25-1.40%
CASYCasey's General Stores Inc
$403.16-1.46%
GMEGameStop Corp
$30.254.31%
GOOGLAlphabet Inc
$192.792.27%
MSFTMicrosoft Corp
$437.350.07%
ORCLOracle Corp
$170.000.72%
QRVOQorvo Inc
$71.033.24%
RTORentokil Initial PLC
$25.400.47%
SWKSSkyworks Solutions Inc
$88.570.35%
ZZillow Group Inc
$77.093.21%
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in