Are These 15 High-Flying Stocks Making Waves in Your Portfolio? Tracking Last Week’s Top Performers (April 21-27, 2024) – Featuring Tesla (NASDAQ:TSLA) and Vertiv Hldgs (NYSE:VRT)

By DailyBubble On Apr 29, 2024 16 0

The past week has seen some large-cap stocks shining brightly in the market. Are these stocks part of your investment portfolio? Here are the top performers:

1. Vertiv Holdings Co (VRT) saw a 23.3% increase after reporting strong first-quarter FY24 results and raising its 2024 guidance. Analysts have also revised their forecasts for the company.

2. Despite weak first-quarter FY24 earnings, Tesla, Inc. (TSLA) surged 19.70%, with CEO Elon Musk’s conference call contributing to the stock’s gains. The company announced its biggest workforce reduction ever to address slowing demand and falling margins.

3. Teradyne, Inc. (TER) shares rose by 17.5% following better-than-expected Q1 earnings and strong Q2 guidance. Additionally, strong earnings from Microsoft have boosted AI optimism.

4. BeiGene, Ltd. (BGNE) stock gained 17.24% after receiving approval from the European Commission for Tislelizumab for non-small cell lung cancer.

5. Tyler Technologies, Inc. (TYL) shares surged 13.6% after reporting better-than-expected Q1 earnings and providing upbeat guidance for FY24.

6. Westinghouse Air Brake Technologies Corporation (WAB) reported better-than-expected Q1 financial results, leading to a 13.49% increase in its stock.

7. Newmont Corporation (NEM) saw a 13.25% rise after beating revenue and EPS consensus estimates for the first quarter of FY24.

8. Carrier Global Corporation (CARR) shares grew by 11.85% following a rebound from earlier weakness post-Q1 earnings.

9. First Citizens BancShares, Inc. (FCNCA) stock jumped 11.24% after reporting better-than-expected Q1 adjusted EPS results.

10. Lattice Semiconductor Corporation (LSCC) stock surged 10.2% in anticipation of Intel’s earnings report and following strong earnings from Texas Instruments.

These stocks have shown impressive performance in the past week, making them worth considering for investors. DailyBubble sees potential in these companies and believes they could continue to deliver strong results in the future.