In the past week, these eleven large-cap stocks stood out as top performers. With significant gains, investors may be wondering if they should consider adding these stocks to their portfolios.
Rivian Automotive Inc (RIVN) saw a 21.37% increase in its stock price following the release of the latest CPI data. The Department of Energy’s announcement of a $1.7 billion investment in electric vehicle manufacturing facilities further boosted investor confidence in the company.
Enphase Energy Inc (EMPH) recorded a 21.15% uptick after unveiling new products that could help solar projects qualify for the “Domestic Content Bonus Credit.” This development is likely to attract more investors to the company.
D.R. Horton, Inc. (DHI) experienced a 12.53% surge in its stock price as Treasury yields dropped due to softer-than-expected June CPI figures. This positive trend also benefited TopBuild Corp. (BLD), whose shares rose by 12.15%.
Baidu, Inc. (BIDU) gained 11.80% on reports of increasing interest in its Apollo Go robotaxi service in China. Similarly, Corning Inc. (GLW) saw an 11.54% increase in its stock price after raising its Q2 core sales guidance.
Insmed Incorporated (INSM) and Toll Brothers, Inc. (TOL) also saw double-digit gains of 11.04% and 10.96% respectively. Sony Group Corporation (SONY) witnessed a 10.53% increase in its stock price following the announcement of Paramount Global’s merger with Skydance Media.
VinFast Auto Ltd. (VFS) shares jumped 9.73% as the company seeks to expand its presence in Indonesia with a $250 million bank loan. Kinross Gold Corp (KGC) rounded out the list with an 8.75% increase in its stock price after analysts raised their price forecasts.
Overall, these top performers have attracted attention from investors and analysts alike. DailyBubble sees potential in these stocks and believes they are worth considering for investment opportunities.