Shopify, Palantir And Uber Are Among Top 10 Large Cap Gainers Last Week (Aug 4-Aug 10): Are The Others In Your Portfolio?

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

• Shopify Inc. SSHOP shares jumped 41.15% following a strong earnings report and an optimistic outlook for the third quarter of 2024. Several analysts revised the price target on the stock.
• Palantir Technologies Inc. PPLTR shares rocketed 38.23% after the company reported better-than-expected results and raised its guidance. The company also announced a partnership with Microsoft Corporation MSFT for enhanced analytics and AI services to classified networks.
• Axon Enterprise, Inc. AXON stock zoomed 30.62% after the company reported better-than-expected second-quarter results and raised its FY24 revenue guidance above estimates. Many analysts boosted the stock’s price target.
• Fortinet, Inc. FTNT shares were up 29.95% after the company reported quarterly results and issued guidance above estimates. Many analysts increased the price target on the stock.
• Trade Desk Inc TTD stock gained 28.63% on better-than-expected Q2 financial results and a strong Q3 revenue outlook. Also, several analysts raised their respective price targets on the stock.
• Natera Inc. NTRA stock was up 24.28% last week on better-than-expected Q2 financial results and a strong annual revenue outlook. Several analysts also raised their respective price targets on the stock.
• SharkNinja, Inc. SN stock zoomed 23.21% after the company recently reported second-quarter FY24 financial results.
• Zillow Group, Inc. Z shares escalated 22.86% following better-than-expected quarterly financial results.
• Aspen Technology, Inc. AAZPN shares grew 20.99% after the company reported fourth-quarter financial results and issued strong guidance.
• Uber Technologies, Inc. UBER stock rose 20.73% after reporting better-than-expected quarterly results. Several analysts raised their price targets on the stock.

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