Affirm, Shopify And Starbucks Were Among Top 10 Large Cap Best Performers For August: Are The Others In Your Portfolio?

Author: Lekha Gupta | September 08, 2024 12:47pm

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

1. Affirm Holdings, Inc. (NASDAQ:AFRM) shares escalated 66.58% in August. It reported strong fourth-quarter earnings and upbeat first-quarter guidance.
2. CAVA Group, Inc. (NYSE:CAVA) stock jumped 34.99%. The company reported better-than-expected second-quarter results, and analysts boosted stock price forecasts.
3. Fortinet, Inc. (NASDAQ:FTNT) shares rose 34.11%. It reported strong second-quarter results and issued above-estimate guidance.
4. Nu Holdings Ltd. (NYSE:NU) stock upped 29.95%. The company reported strong results for the second quarter.
5. Kellanova (NYSE:K) stock upped 29.91%. The company inked a deal to be bought by privately held Mars for $83.50 per share.
6. Nutanix, Inc. (NASDAQ:NTNX) stock escalated 28.96%. It reported fourth-quarter results, and many analysts boosted the stock's price target.
7. Aspen Technology, Inc. (NASDAQ:AZPN) shares rose 28.64%. The company reported better-than-expected fourth-quarter results.
8. MercadoLibre, Inc. (NASDAQ:MELI) stock rocketed 28.37%.
9. Shopify Inc. (NYSE:SHOP) shares were up 27.33%. It posted a strong earnings report and several analysts revised the price target.
10. Starbucks Corporation (NASDAQ:SBUX) stock was up 25.91%. Chipotle Mexican Grill, Inc. (NYSE:CMG) CEO and Chairman Brian Niccol was named Starbucks' new Chairman and Chief Executive Officer, effective September 9.

Also Read:

• Intel, Moderna And Dollar General Were Among Top 10 Large Cap Losers In August: Are The Others In Your Portfolio?

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Posted In: AFRM AZPN CAVA CMG FTNT K MELI NTNX NU SBUX SHOP