Rivian Automotive And Carvana Were Among The 10 Biggest Large Cap Gainers Last Week (June 23-June 29): Are These In Your Portfolio?

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

1. Rivian Automotive, Inc. RIVN shares surged 30.04%  in the last week following a report suggesting the company has simplified its output, cut costs and announced plans for a joint venture with Volkswagen.
2. Carnival Plc CUK stock gained 17.78% on continued strength following better-than-expected Q2 earnings.
3. FedEx Corporation FDX stock soared 17.51% in the last week on better-than-expected Q4 financial results and guidance. Also, the company announced it expects to buy back $2.5 billion worth of stock in FY25. Several analysts raised the price forecasts on the stock.
4. Samsara Inc. IOT stock advanced 16.37% after RBC Capital reiterated an Outperform rating and maintained its price target of $47.
5. Suzano S.A. SUZ shares rose 12.24% after it dropped the acquisition pursuit of International Paper Co. IP.
6. Carvana Co. CVNA shares increased 11.93% after updating on its operating plan and capital structure at the William Blair 44th Annual Growth Stock Conference in early June.
7. FTAI Aviation Ltd. FTAI stock gained 11.55% in the last week.
8. Reddit, Inc. RDDT shares surged 11.08% after the company announced a policy update to block automated website scraping.
9. Mongodb Inc MDB stock gained 10.57% in the last week.
10. Alnylam Pharmaceuticals, Inc. ALNY shares rose 10.82% amid possible continued strength after the company announced topline results from its HELIOS-B Phase 3 study of vutrisiran. Also, multiple analyst firms raised their price forecasts on the stock.

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Photo Courtesy of Rivian