These seven large-cap stocks were the best performers in the last week. Are they in your portfolio?
- 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.
- 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 this year.
- Genuine Parts Company (NYSE:GPC) stock gained 10.07% after it reported better-than-expected first-quarter earnings and boosted its annual profit outlook.
- Bentley Systems, Incorporated (NASDAQ:BSY) stock rose 7.94% last week. The French industrial giant Schneider Electric SE (OTC:SBGSY) (OTC:SBGSF) reportedly confirmed holding discussions for a potential acquisition of the company.
- 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.
- 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.
- 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
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