These ten large-cap stocks were the best performers in August. Are they in your portfolio?
- Affirm Holdings, Inc. (NASDAQ:AFRM) shares escalated 66.58% in August. It reported strong fourth-quarter earnings and upbeat first-quarter guidance.
- CAVA Group, Inc. (NYSE:CAVA) stock jumped 34.99%. The company reported better-than-expected second-quarter results, and analysts boosted stock price forecasts.
- Fortinet, Inc. (NASDAQ:FTNT) shares rose 34.11%. It reported strong second-quarter results and issued above-estimate guidance.
- Nu Holdings Ltd. (NYSE:NU) stock upped 29.95%. The company reported strong results for the second quarter.
- Kellanova (NYSE:K) stock upped 29.91%. The company inked a deal to be bought by privately held Mars for $83.50 per share.
- Nutanix, Inc. (NASDAQ:NTNX) stock escalated 28.96%. It reported fourth-quarter results, and many analysts boosted the stock's price target.
- Aspen Technology, Inc. (NASDAQ:AZPN) shares rose 28.64%. The company reported better-than-expected fourth-quarter results.
- MercadoLibre, Inc. (NASDAQ:MELI) stock rocketed 28.37%.
- Shopify Inc. (NYSE:SHOP) shares were up 27.33%. It posted a strong earnings report and several analysts revised the price target.
- Starbucks Corporation (NASDAQ:SBUX) stock was up 25.91%. Chipotle Mexican Grill, Inc. (NYSE:CMG) CEO and Chairman Brian Niccol was named Starbucks' new Chairman and Chief Executive Officer, effective September 9.
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