Moderna Was Among The Best Performing Large-Cap Stocks Last Week (May 20-May 26, 2024): Are They In Your Portfolio?

Zinger Key Points
  • Moderna stock gained in the last week in response to the forecast of rising COVID-19 cases.
  • First Solar stock gained 41.5% in response to tariffs hike on Chinese imports.

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

  1. First Solar, Inc. FSLR shares jumped 41.5% possibly in response to President Joe Biden's recent announcement of increased tariffs on Chinese imports, which included a significant hike on solar cells. Also, several analysts raised the price target.
  2. Moderna, Inc. MRNA shares surged 23.4% on reports indicating disease experts predict a small rise in COVID-19 cases this summer.
  3. E.L.F. Beauty, Inc. ELF shares escalated 21.9% following continued strength on better-than-expected Q4 earnings. Several analysts revised the price target.
  4. NVIDIA Corporation NVDA shares increased 13.50% after the company reported better-than-expected Q1 2025 financial results and issued Q2 2025 revenue guidance with its midpoint above estimates. Also, the company announced a 10-for-1 forward stock split and increased its quarterly dividend per share on a post-split basis.
  5. International Paper Company (NYSE: IP) shares were 10.7% after Suzano confirmed interest in the company and an analyst upgraded the stock.
  6. Analog Devices, Inc. ADI shares rose 8.2% following better-than-expected Q2 financial results. Several analysts raised the price target on the stock.
  7. Flex Ltd. FLEX shares grew 7.84% last week.
  8. Logitech International S.A. LOGI shares upped 7.70%. The company launched MeetUp 2, the AI-driven, next-generation of bestselling video bars for huddle rooms.
  9. BioNTech SE BNTX shares increased 7.04% following reports indicating disease experts predict a small rise in COVID-19 cases this summer.
  10. Monday.Com Ltd. MNDY shares rose 6.2%, gaining momentum following better-than-expected Q1 financial results previously and a Q2 FY24 revenue guidance above estimates, and analysts boosted price targets.

Also Read: Lululemon Athletica Was Among The Worst-Performing Stocks Last Week: Are These 10 Large-Cap Stock Losers In Your Portfolio?

Photo via Wikimedia Commons

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