Rivian Automotive & Baidu Are Among Top 11 Large Cap Stocks That Shined The Brightest Last Week (July 7-July 13): Are The Others In Your Portfolio?

Author: Lekha Gupta | July 14, 2024 10:30am

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

1. Rivian Automotive Inc (NASDAQ:RIVN) stock gained 21.37% in the last week following recent CPI Data. Additionally, the Department of Energy disclosed a $1.7 billion investment to transform 11 auto facilities that are either shut down or at risk into electric vehicle manufacturing plants and supply chain hubs.
2. Enphase Energy Inc (NASDAQ:EMPH) stock upped 21.15% after the company announced residential and commercial products that can help solar projects qualify for the “Domestic Content Bonus Credit.”
3. D.R. Horton, Inc. (NYSE:DHI) stock rocketed 12.53%. Shares of homebuilders, building companies, and housing-related companies gained in the last week as Treasury yields dropped following softer-than-expected June CPI figures.
4. TopBuild Corp. (NYSE:BLD) shares rose 12.15% as homebuilders, building companies, and housing-related stocks gained in the last week following softer-than-expected June CPI figures.
5. Baidu, Inc. (NASDAQ:BIDU) stock escalated 11.80% on reports of growing interest in its Apollo Go robotaxi service in China.
6. Corning Inc.’s (NYSE:GLW) stock gained 11.54% after it increased its Q2 core sales guidance. Several analysts also raised their price forecasts for the stock.
7. Insmed Incorporated (NASDAQ:INSM) shares gained 11.04% last week as analysts raised their price forecasts for the stock.
8. Toll Brothers, Inc. (NYSE:TOL) stock increased 10.96%. Stocks of homebuilders, building companies and housing-related companies gained as Treasury yields dropped following softer-than-expected June CPI.
9. Sony Group Corporation (NYSE:SONY) shares were up 10.53% in sympathy after Paramount Global agreed to merge with Skydance Media.
10. VinFast Auto Ltd. (NASDAQ:VFS) shares jumped 9.73%. Bloomberg reported Wednesday that the company is seeking a $250 million bank loan to expand in Indonesia. 
11. Kinross Gold Corp (NYSE:KGC) stock gained 8.75% last week after several analysts raised their price forecasts.

Also Read

• Netflix, Delta Air Lines And HubSpot Are Among Top 10 Large Stocks That Performed Worst This Week (July 7-July 13): Are The Others In Your Portfolio?
• XPeng & QuantumScape Are Among Top 11 Mid Cap Stocks That Performed Well Last Week (July 7-July 13): Details

Photo Courtesy of Rivian Automotive

Posted In: BIDU BLD CCJ DHI EMPH GLW INSM KGC NYCB RIVN SIRI SONY TOL VFS