NIO And Best Buy Were Among 10 Stocks That Shined The Brightest Last Week: Are They In Your Portfolio?

Zinger Key Points
  • NIO shares gained after company's charging network reportedly includes SAIC Motor Corp's EV unit IM Motors.
  • Best Buy shares gained last week following Strong Q1 earnings. Some analysts raised the price targets on the stock.

These ten stocks shined last week, being the best performers. Are they in your portfolio?

  1. Birkenstock Holding Plc BIRK shares rose 22.20% after the company reported strong Q2 earnings and raised its full-year revenue growth guidance. Several analysts raised the price target.
  2. Burlington Stores, Inc. BURL shares escalated 21.47% following better-than-expected Q1 earnings. Several analysts boosted the price target.
  3. Dick’s Sporting Goods Inc DKS shares jumped 21.34% after the company reported Q1 earnings and raised its 2024 guidance. Analysts raised their price target for the stock.
  4. Best Buy Co., Inc. BBY shares zoomed 20.35% following Q1 FY24 earnings. Few analysts revised the price target on the stock.
  5. CAVA Group, Inc. CAVA shares increased 14.51% following Q1 earnings beat and increased FY24 guidance. Several analysts boosted their forecasts.
  6. NIO Inc. NIO shares rose 12.06%. The company’s charging network now reportedly includes SAIC Motor Corp’s EV unit IM Motors as Nio continues strengthening its presence in China’s electric vehicle market.
  7. HP Inc. HPQ shares surged 11.62% following the release of its second-quarter financial results. Many analysts increased their price targets on the stock.
  8. Marathon Oil Corporation MRO shares upped 11.51% after ConocoPhillips COP announced it would acquire the company.
  9. Ralph Lauren Corporation RL stock gained 9.77%.
  10. On Holding AG ONON stock rose 9.16% in the last week after Truist Securities analyst upgraded the stock from Hold to Buy and raised the price target from $34 to $46.

Also Read: Salesforce And Celsius Were Among The 10 Biggest Large Cap Losers Last Week: Are These In Your Portfolio?

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