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?

Zinger Key Points
  • Broadcom shares gained 23% in the lasst week on upbeat Q2 results.
  • Oracle shares escalated 9.97%.
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These large-cap stocks were the best performers in the last week. Are they in your portfolio?

  1. 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.
  2. Arm Holdings Plc ARM jumped 17.14% on the report that the company will join the Nasdaq-100 Index starting June 24, 2024.
  3. 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.
  4. 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.
  5. Skyworks Solutions, Inc. SWKS shares rose 12.97% on the optimism for the semiconductor sector.
  6. Zillow Group, Inc. Z shares jumped 12.68% following the purchase of 2,338,036 shares by a company director.
  7. Arista Networks, Inc. ANET stock upped 12.24%.
  8. Rentokil Initial Plc RTO shares advanced 10.09% in the last week following a report suggesting Trian has amassed a stake in the company.
  9. 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.
  10. Apple Inc. 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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