Tracking Last Week's Top Performers: Are These 7 Large-Cap Stocks In Your Portfolio? (April 13-20, 2024)

Author: Lekha Gupta | April 21, 2024 06:14pm

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

1. United Airlines Holdings, Inc. (NASDAQ:UAL) surged 21.79% last week after reporting first-quarter earnings. Revenue of $12.539 billion beat the consensus estimate of $12.4 billion, and adjusted EPS loss of $(0.15) beat the estimate of $(0.57). Several analysts raised their forecasts for the stock.
2. UnitedHealth Group Incorporated (NYSE:UNH) increased 12.43% during the week thanks to better-than-expected revenue in the first quarter. The company is still dealing with the cyberattack on its subsidiary, Change Healthcare, in February.
3. Genuine Parts Company (NYSE:GPC) stock gained 10.07% after it reported better-than-expected first-quarter earnings and boosted its annual profit outlook. 
4. Bentley Systems, Incorporated (NASDAQ:BSY) stock rose 7.94% last week. The French industrial giant Schneider Electric SE (OTC:SBGSY) (OTC:SBGSF) reportedly confirmed discussions of a potential acquisition of the company.
5. Elevance Health, Inc. (NYSE:ELV) stock gained 5.15% last week after the company reported $2.2B in first-quarter net profit despite a 21% drop in Medicaid enrollment and raised its annual guidance. Several analysts raised their forecasts on the stock.
6. Progressive Corp (NYSE:PGR) stock rose 3.34% in the last week after the company clocked 19% year-over-year growth in first-quarter Net Premiums. Several analysts raised their forecasts on the stock.
7. Morgan Stanley’s (NYSE:MS) stock gained 3.3% last week after it reported better-than-expected first-quarter results. Its investment banking revenue grew 16% year over year. The banking giant also decided to slash jobs in the APC region.

See Also: Let’s Spill The Tea: Top Consumer Tech News From Last Week That You Should Know

Photo: Shutterstock

Posted In: BSY ELV GPC MS PGR SBGSF SBGSY UAL UNH