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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Intel, UnitedHealth, And Reddit Are Among Top Large Cap Gainers Last Week (August 11-August 15): Are The Others In Your Portfolio?

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These ten large-cap stocks were top performers last week. Are they a part of your portfolio?

  1. Paramount Skydance Corporation (NASDAQ:PSKY) gained 29.37% this week after the company recently announced a seven-year media rights agreement, making it the exclusive US home for UFC events. Also, Guggenheim initiated coverage on the stock with a Buy rating and announced a $13 price forecast.
  2. Intel Corporation (NASDAQ:INTC) gained 20.10% this week following a Bloomberg report suggesting the Trump Administration is said to be discussing the US taking a stake in the company.
  3. Bloom Energy Corporation (NYSE:BE) gained 21.98% this week after CEO KR Sridhar told Bloomberg that the company is in talks with other major data center developers.
  4. Caris Life Sciences, Inc. (NASDAQ:CAI) gained 23.94% this week after  the company reported second-quarter financial results. Also, Citigroup raised its price forecast on the stock from $34 to $42.
  5. UnitedHealth Group Incorporated (NYSE:UNH) stock gained 20.69% this week after a Berkshire Hathaway 13F filing disclosed a stake in the company.
  6. Tempus AI, Inc. (NASDAQ:TEM) gained 22.27% this week after beating second-quarter estimates and raising its FY25 sales guidance. Also, Morgan Stanley maintained an Overweight rating on the stock and raised its price forecast from $45 to $68.
  7. Sea Limited (NYSE:SE) gained 19.97% this week after the company reported better-than-expected second quarter sales results.
  8. TKO Group Holdings, Inc. (NYSE:TKO) gained 14.87% this week after the company announced a seven-year media rights agreement with Paramount, making Paramount the exclusive U.S. home for all UFC events.
  9. Insmed Incorporated (NASDAQ:INSM) gained 16.43% this week after the company announced it received FDA approval for BRINSUPRI.
  10. Reddit, Inc. (NYSE:RDDT) gained 30.30% this week. The firm surged to a new 52-week high Wednesday afternoon as investor optimism builds around the social media platform's accelerating growth and monetization strategy.
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