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

Author: Lekha Gupta | June 02, 2024 10:57am

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

1. Birkenstock Holding Plc (NYSE: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. (NYSE:BURL) shares escalated 21.47% following better-than-expected Q1 earnings. Several analysts boosted the price target.
3. Dick’s Sporting Goods Inc (NYSE: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. (NYSE:BBY) shares zoomed 20.35% following Q1 FY24 earnings. Few analysts revised the price target on the stock.
5. CAVA Group, Inc. (NYSE:CAVA) shares increased 14.51% following Q1 earnings beat and increased FY24 guidance. Several analysts boosted their forecasts.
6. NIO Inc. (NYSE: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. (NYSE: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 (NYSE:MRO) shares upped 11.51% after ConocoPhillips (NYSE:COP) announced it would acquire the company.
9. Ralph Lauren Corporation (NYSE:RL) stock gained 9.77%.
10. On Holding AG (NYSE: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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Posted In: BBY BIRK BURL CAVA COP DKS EDU HPQ MRO NIO ONON RL