These seven large-cap stocks have been the best performers over the past week. Are they in your wallet?
- United Airlines Holdings, Inc. UAL rose 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 have raised their forecasts for the stock.
- UnitedHealth Group Incorporated UNH rose 12.43% on the week thanks to better-than-expected revenue in the first quarter. The company is still dealing with the cyber attack against its Change Healthcare subsidiary in February.
- Original spare parts company GPC the stock gained 10.07% after reporting better-than-expected first-quarter earnings and raising its annual profit outlook.
- Bentley Systems, Incorporated BSY shares rose 7.94% last week. The French industrial giant Schneider Electric SELF SBGSY SBGSF have reportedly confirmed discussions about a potential acquisition of the company.
- Elevance Health, Inc. PRINCIPLE shares gained 5.15% last week after the company reported first-quarter net income of $2.2 billion despite a 21% decline in Medicaid enrollment and raised its annual guidance. Several analysts have raised their forecasts for the stock.
- Progressive body PGR shares have risen 3.34% over the past week after the company reported 19% year-over-year growth in first-quarter net premiums. Several analysts have raised their forecasts for the stock.
- Morgan Stanley’s SM shares gained 3.3% last week after reporting better-than-expected first-quarter results. Its investment banking revenue grew 16% year over year. The banking giant has also decided to cut jobs in the APC region.
See also: Let’s Spill the Tea: Last Week’s Top Consumer Tech News You Should Know
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