Zoom Video, MicroStrategy And Target Were Among Top 11 Large Cap Gainers Last Week (Aug 18-Aug 24): Are The Others In Your Portfolio?

Lekha Gupta

August 25, 2024

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

CAVA Group (NYSE:CAVA) stock gained 25.55% in the last week on better-than-expected Q2 results and raised its FY24 adjusted EBITDA outlook. Also, multiple firms raised their respective price forecasts on the stock.
Zoom Video Communications, Inc. (NASDAQ:ZM) shares jumped 19.90% after the company reported better-than-expected second-quarter results.
Keysight Technologies Inc. (NYSE:KEYS) stock rose 14.29% after it reported better-than-expected third-quarter results.
Toll Brothers, Inc. (NYSE:TOL) shares were up 14.05% after the company reported better-than-expected third-quarter results and issued FY24 EPS guidance above estimates. Many analysts increased the price target on the stock.
MicroStrategy Inc.’s (NASDAQ:MSTR) stock gained 13.09% last week amid a rise in Bitcoin’s price.
Workday Inc. (NASDAQ:WDAY) gained 13.05% on better-than-expected Q2 earnings and the approval of an additional $1 billion stock buyback.
Builders FirstSource, Inc. (NYSE:BLDR) stock upped 12.09% following strong July new Home Sales economic data. The Fed’s indication of interest rate cuts also contributed.
Korea Electric Power Corporation (NYSE:KEP) shares were up 10.59%.
TopBuild Corp (NYSE:BLD) stock gained 9.92% in the last week, along with other homebuilder stocks that were up following strong New Home Sales economic data for July. Fed’s indication of interest rate cuts also played a part.
Advanced Drainage Systems Inc. (NYSE:WMS) stock was up 9.87%, along with other construction and homebuilder stocks, following strong July new Home Sales economic data and the Fed’s indication of interest rate cuts.
Target Corporation (NYSE:TGT) shares increased 9.75% after the company reported better-than-expected second-quarter results and raised its outlook. Several analysts boosted the price target on the stock.

Also Read:

Snowflake, JD.com And Temu Parent PDD Are Among Top 8 Large Cap Losers Last Week (Aug 18-Aug 24): Are The Others In Your Portfolio?

Image via Shutterstock

Recommended

Kamala Harris May Seize This Cutting-Edge Tech -- Act Now - Ad

Silicon Valley Billionaires Are Quietly Buying Into What We Call the "Imperium" Boom - Ad

America Can't Afford a Harris Presidency - Ad

Popular

TransDigm, BJ's Wholesale, AbbVie And More On CNBC's 'Final Trades'

TransDigm Group (TDG), BJ's Wholesale (BJ), VanEck Semiconductor ETF (SMH), and AbbVie (ABBV) were recommended as top trades on CNBC's Halftime Report.

Drivers Tend To Multitask And Pay Less Attention To The Road While Using Tesla's Autopilot And Volvo's Pilot Assist, Study Finds

Drivers tend to pay less attention to the road when using partial automation to drive, as per new research, despite automakers mandating constant supervision.

Buffett's Big A.I. Secret (Handle With Care)

Buffett's Big A.I. Secret (Handle With Care) - Ad

A.I. is the talk of the town...But here's what they're NOT telling you. Former investment banking V.P. Ross Givens is letting the cat out of the bag. He's leaking a revolutionary new development, which changes everything. It will kick off A.I.'s massive second wave.

Central And Commercial Banks Partner To Enhance CBDCs With Project AgorÃ¡: What You Need To Know

Over 40 financial firms join forces with BIS and central banks in Project Agorá to explore tokenization's potential for cross-border payments.

Elon Musk Laughs At The Idea Of Dick Cheney Supporting Kamala Harris For President

Elon Musk humorously commented on the recent endorsement of Kamala Harris by George Bush Jr.-era former Vice President Dick Cheney.

Oil = Monthly Income

Oil = Monthly Income - Ad

Right now, there's an unusual $25 way to collect MONTHLY income from the oil markets. It's not a stock, bond, or anything you've likely heard about... But it's by far my #1 investment opportunity for 2024.

This Debate Rule Forces Kamala Harris' Team To Rethink Strategy: 'The Rule Will Serve To Shield Donald Trump'

Kamala Harris' debate strategy has been disrupted due to one of the rules.

Americans Split On Election Result Acceptance Between Harris And Trump, Here Is The Candidate They Think More Likely To Accept Voters' Verdict

A survey conducted by ABC News/Ipsos has shed light on the American public's confidence in the acceptance of the upcoming November presidential election results by Vice President Kamala Harris and former President Donald Trump.

The Last Time Gold Flashed This Warning Sign, the Market Dropped 80%

The Last Time Gold Flashed This Warning Sign, the Market Dropped 80% - Ad

Both President Trump and Elon Musk are warning about something that could send the market down 50%, real estate down 40% and savings accounts down 30%.

Nvidia And Bitcoin: Overpriced Or Underpriced - Do Fundamentals Justify Their Trillions Of Dollars Worth Of Market Caps?

Cryptocurrencies and stocks are considered risky investments, and traders frequently employ metrics to determine how justified their market value could be. Assessing Nvidia’s Valuation One very popular valuation metric is the price-to-earnings ratio, or simply the P/E ratio.

Scaramucci: Trump Wins Billionaires' Support Despite Coming Off As 'Raging Lunatic,' Harris Backs A 'Ridiculously Stupid Idea'

Trump is someone who can't keep to his messaging and his rival Kamala Harris can gain an upper hand by going on offensive, says Scaramucci.

What Smart Investors Are Doing to Profit From the Election

What Smart Investors Are Doing to Profit From the Election - Ad

While millions of Americans are fighting over who they want to win the presidential election... A small group of folks are quietly positioning themselves to profit from it by following a simple election playbook.

Mark Cuban Wonders If SEC Chair Gary Gensler Is Doing 'Everything In His Power' To End Elizabeth Warren's Senate Career

Billionaire investors and television celebrity Mark Cuban threw a jibe at SEC Chair Gary Gensler, questioning if he is deliberately trying to weaken Senator Elizabeth Warren (D-Mass.).

Apple's September 9 'Glowtime' Event Featuring iPhone 16 Launch Could Kickstart A 'Historical Period,' Says Wedbush Analyst Dan Ives

Wedbush analyst Dan Ives predicts a "historical period" for Apple, driven by the launch of the iPhone 16 series and its AI features, which could initiate a significant upgrade cycle during the upcoming "Glowtime" event.

This Win Rate Puts Buffett to Shame

This Win Rate Puts Buffett to Shame - Ad

He's got a higher win rate than Warren Buffett, Carl Icahn, and Mark Cuban...but you've likely never heard his name. What's most amazing is that his unshakable strategy is working just as well today as it did during our long bull market. Even the Covid crash didn't shake it! He's been on a wild 6-year win streak ( with no signs of slowing down) How does he do it?

2 women charged in Lululemon shoplifting scheme in Minneapolis

MINNEAPOLIS (AP) — Two Minnesota women are charged with organizing thefts of several thousand dollars' worth of merchandise from a store in Minneapolis and then funneling the stolen goods through a suburban nail salon.

Young girls are using anti-aging products they see on social media. The harm is more than skin deep

SACRAMENTO, Calif. (AP) — When she was in fifth grade, Scarlett Goddard Strahan started to worry about getting wrinkles.

My TOP Altcoin for Right Now Is...

My TOP Altcoin for Right Now Is... - Ad

Searching for the top investment opportunity in crypto? Look no further. Our $3 report gives you the full scoop. You'll get this exciting token's name, our recommended investment strategy, and growth projections. Time is of the essence with this one...

Behind the nonprofit helping a diverse new generation of culinary professionals heat up New York

NEW YORK (AP) — A side of beef bigger than a classroom desktop sat before high school students huddled around a kitchen on New York's Lower East Side. “Anyone wanna jump in?” asked the butcher teaching the Tuesday afternoon class. One student dared, grabbing a sawblade about as long as his arm and sweating to successfully separate the short rib from the rib eye.

Jim Cramer Still Thinks 'Nvidia Could Go Lower' But Cautions Investors Against Panic Selling After DOJ Subpoena

Jim Cramer cautioned against panic selling Nvidia shares following news of a Justice Department subpoena over monopolistic practices.

Exposed: Democrats' Secret Plan to Keep Trump Out of the White House

Exposed: Democrats' Secret Plan to Keep Trump Out of the White House - Ad

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just released this shocking new video exposing Democrats' secret plan to keep Trump out of the White House... Even if he wins the election. See the details and learn how to prepare... Because this could trigger the biggest constitutional crisis in our nation's history.

Another New Jersey offshore wind project runs into turbulence as Leading Light seeks pause

Another offshore wind project in New Jersey is encountering turbulence.

WHO and Africa CDC launch a response plan to the mpox outbreak

DAKAR, Senegal (AP) — The Africa Center for Disease Control and Prevention and the World Health Organization launched on Friday a continent-wide response plan to the outbreak of mpox, three weeks after WHO declared outbreaks in 12 African countries a .

Man Who Called Nvidia at $1.10 Says Buy This Now...

Man Who Called Nvidia at $1.10 Says Buy This Now... - Ad

In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven."

E. Jean Carroll Case: Appeals Court Skeptical of Trump's Bid to Overturn Sexual Abuse Verdict

E. Jean Carroll's case sees an appeals court skeptical of Donald Trump's bid to overturn a $5 million verdict for sexual abuse and defamation.

Nevada high court ends casino mogul Steve Wynn's defamation suit against The Associated Press

LAS VEGAS (AP) — The Nevada Supreme Court on Thursday ended a defamation lawsuit brought by casino mogul Steve Wynn against The Associated Press in 2018, rejecting Wynn’s bid to get a jury to hear his claim that he was defamed by an AP story about accounts to Las Vegas police from two women who alleged he committed sexual misconduct.

2024 Oil Boom

2024 Oil Boom - Ad

There is a much better way to profit from oil in 2024. It's NOT oil stocks, futures, or anything you've likely heard about. In fact, one man used it build a small $1,000 investment into a $100,000 income stream over fifty years.

GM delays Indiana electric vehicle battery factory but finalizes joint venture deal with Samsung

DETROIT (AP) — Production at an electric vehicle battery cell plant jointly run by General Motors and Samsung SDI has been delayed as EV sales have slowed in the U.S.

Trump Vs. Harris: Nate Silver Says Former President Now Ahead Of Vice President In Electoral College Odds After Adjusting For The DNC 'Bounce'

Pollster Nate Silver's latest election forecast shows former President Donald Trump slightly ahead of Vice President Kamala Harris in the race for the Electoral College, despite Harris leading in national polls.

What If Kamala Wins? The 3 Words That Will Change Everything

What If Kamala Wins? The 3 Words That Will Change Everything - Ad

The same team that predicted Biden's downfall ... now warns of a new threat. Learn how to safeguard your future.

Oklahoma rodeo company blames tainted feed for killing as many as 70 horses

OKLAHOMA CITY (AP) — A nearly century-old Oklahoma company that supplies stock for rodeos had as many as 70 horses die a week ago after receiving what an owner believes was tainted feed.

The US is preparing criminal charges in Iran hack targeting Trump, AP sources say

WASHINGTON (AP) — The Justice Department is preparing criminal charges in connection with an in a bid to shape the outcome of the November election, two people familiar with the matter said Thursday.

This Is How the AI Bull Market Ends

This Is How the AI Bull Market Ends - Ad

The AI bull market as we know it right now will end...And all the big popular AI stocks investors are piling into right now will NOT be the where the biggest returns will come from. And for investors who don't know how the market is changing and where it's going...They could end up left behind.

4 Tons Of Seized Marijuana Burnt To A Crisp By NYC Mayor Adams; Top Cop, Sheriff Join The Cannabis Campfire

NYC Mayor Eric Adams destroys 4 tons of illegal weed products in Operation Padlock to combat illegal activity and protect communities.

Telegram-Linked Cryptos Top Daily Gainer's List After Pavel Durov Breaks Silence On France Detention

Cryptocurrencies associated with social messaging giant Telegram rallied sharply after founder Pavel Durov issued his first public statement since his controversial arrest in France last month.

Analysts Are Projecting "Safe-Haven" Stock Will Nearly Double

Analysts Are Projecting "Safe-Haven" Stock Will Nearly Double - Ad

Already up nearly 50% in the last 6 months this gold company has an analyst target nearly twice its current price. With 40+ investment banks and funds already invested it's no wonder this $1.3B company (trading under $2) is grabbing investor attention.

US investigating reports that some Jeep SUVs and pickups can catch fire after engines are turned off

U.S. auto safety regulators are investigating reports that the engines can catch fire on some Jeep SUVs and pickup trucks even with the ignition turned off.

AI Chip Stocks Rally Faces New Headwinds - Why Are Nvidia, Taiwan Semiconductor, Broadcom And Marvell Tech Stocks Sliding?

Semiconductor and chip stocks NVDA, TSM, AVGO, MRVL, LRCX trading lower ahead of Nvidia's Q2 earnings and Super Micro's accounting issues.

Imminent FDA Decision Could End Obesity in America...

Imminent FDA Decision Could End Obesity in America... - Ad

...and spark a 224,000% sales surge for one tiny micro-cap stock. Channelnomics says it "Could have a greater impact on the world than artificial intelligence." BMO Capital calls it "A goldmine for investors." The Wall Street Journal says it's "A Gold rush."

Trump Vs Harris: New Polls Reveal This Candidate Is Outperforming In Swing States

The latest polls indicate that Kamala Harris is either leading or tied with Donald Trump in key swing states.

Trending Now