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Apple And Broadcom Were Among 10 Large Cap Stocks With Biggest Gains In The Last Week (June 9-June 15, 20

iconBenzinga

2024-06-16 21:45

Top performing large-cap stocks in the last week: AVGO, ARM, CASY, QRVO, SWKS, Z, ANET, RTO, ORCL, AAPL. Analysts raised price forecasts.

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

  •   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.

  •   Arm Holdings Plc ARM jumped 17.14% on the report that the company will join the Nasdaq-100 Index starting June 24, 2024.

  •   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.

  •   Qorvo IncQRVO 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.

  •   Skyworks Solutions, Inc. SWKS shares rose 12.97% on the optimism for the semiconductor sector.

  •   Zillow Group, Inc.Z shares jumped 12.68% following the purchase of 2,338,036 shares by a company director.

  •   Arista Networks, Inc.ANET stock upped 12.24%.

  •   Rentokil Initial PlcRTO shares advanced 10.09% in the last week following a report suggesting Trian has amassed a stake in the company.

  •   Oracle CorporationORCL shares escalated 9.97% on the heels of the company's quarterly results. The company also announced partnerships with GoogleGOOGL, Microsoft Corp.MSFT and, OpenAI. Several analysts raised the price forecasts on the stock.

  •   Apple Inc.AAPL shares increased 7.74% following its annual WWDC event , during which the company unveiled several new AI software features.

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