Shopify, Palantir And Uber Are Among Top 10 Large Cap Gainers Last Week (Aug 4-Aug 10): Are The Others In Your Portfolio?

Author: Lekha Gupta | August 11, 2024 11:07am

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

1. Shopify Inc. (NYSE:SHOP) shares jumped 41.15% following a strong earnings report and an optimistic outlook for the third quarter of 2024. Several analysts revised the price target on the stock.
2. Palantir Technologies Inc. (NYSE:PLTR) shares rocketed 38.23% after the company reported better-than-expected results and raised its guidance. The company also announced a partnership with Microsoft Corporation (NASDAQ:MSFT) for enhanced analytics and AI services to classified networks.
3. Axon Enterprise, Inc. (NASDAQ:AXON) stock zoomed 30.62% after the company reported better-than-expected second-quarter results and raised its FY24 revenue guidance above estimates. Many analysts boosted the stock’s price target.
4. Fortinet, Inc. (NASDAQ:FTNT) shares were up 29.95% after the company reported quarterly results and issued guidance above estimates. Many analysts increased the price target on the stock.
5. Trade Desk Inc (NASDAQ:TTD) stock gained 28.63% on better-than-expected Q2 financial results and a strong Q3 revenue outlook. Also, several analysts raised their respective price targets on the stock.
6. Natera Inc. (NASDAQ:NTRA) stock was up 24.28% last week on better-than-expected Q2 financial results and a strong annual revenue outlook. Several analysts also raised their respective price targets on the stock.
7. SharkNinja, Inc. (NYSE:SN) stock zoomed 23.21% after the company recently reported second-quarter FY24 financial results.
8. Zillow Group, Inc. (NASDAQ:Z) shares escalated 22.86% following better-than-expected quarterly financial results.
9. Aspen Technology, Inc. (NASDAQ:AZPN) shares grew 20.99% after the company reported fourth-quarter financial results and issued strong guidance.
10. Uber Technologies, Inc. (NYSE:UBER) stock rose 20.73% after reporting better-than-expected quarterly results. Several analysts raised their price targets on the stock.

Also Read:

• Warner Bros, Airbnb And Monster Beverage Are Among Top 10 Large Cap Losers Last Week (Aug 4-Aug 10): Are The Others In Your Portfolio?

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Posted In: AXON AZPN DT FTNT KVUE MSFT NTRA PLTR SHOP SN TTD UBER Z