The earnings season is coming to an end and each week TheStreet has highlighted the top companies reporting financial data. Nvidia ((NVDA) – Get the report, Home Depot ((HD) – Get the reportand Salesforce ((CRM) – Get the report Highlight this week’s list.
One of the top stocks below $ 10 to rise over the past week was Energous Corp. ((WATT) – Get the report on the news that Apple is working on a wireless charger for the latest iPhones.
Here are some of the top stocks from the past week, as per their percentage change at the close of trading on February 19th. This includes stocks above a share price of $ 10 at the time of publication.
1. Canaan | + 132.77% increased
Bitcoin increased its market value to $ 1 trillion to boost blockchain stocks like Canaan ((CAN) higher in the past week.
2. Churchill Capital IV | Increased + 68.06%
Lucid Motors is expected to go public through a SPAC in the coming week. Michael Klein’s SPAC Churchill Capital IV raised $ 2 billion for the deal.
3. Riot Blockchain | Increased + 65.54%
Riot blockchain ((RANDAL) – Get the report was the top stock among the best stocks of the week last week. As Bitcoin and other cryptocurrencies increase in value, so do blockchain stocks.
4. Gores Holdings VI | + 47.26% increased
Matterport is reportedly in merger talks with Gores Holdings VI and shares rose last week after CNBC analyst Josh Brown gave reasons why investors should buy stocks.
5. QuantumScape | + 38.46% increased
QuantumScape ((QS) – Get the report rose last week after the battery maker announced a technological breakthrough. George Soros also announces a $ 4.6 billion stake.
6. Up Fintech Holding | + 25.60% increased
The Chinese version of Robinhood, Up Fintech Holdings aka Tiger Brokers ((TIGR) – Get the report, rose last week when Robinhood CEO Vlad Tenev was grilled by officials in hearings to review the GameStop fiasco earlier this year.
7. Freeport-McMoRan | + 20.97% increased
Freeport McMoRan ((FCX) – Get the report has risen over the past week and copper has hit new highs. The leading copper producing mining company was recently rated a buy on JP Morgan.
8. Futu Holdings | + 20.57% increased
Futu Holdings ((COME IN) rose just like Up Fintech Holdings aka Tiger Brokers over the past week. While Tiger Brokers wants to be the Robinhood of China, Futu Holdings hopes to be the Charles Schwab. Futu was recently mentioned in Jim Cramer’s Lightning Round on Mad Money. Cramer said, “This is a good speculative stock in China.”
9. Aphria | + 19.96% increased
Tilray ((TLRY) – Get the report was downgraded by two analysts last week due to valuation issues. Aphria was not affected ((EXACTLY HERE) – Get the report because the analysts are still optimistic about the merger of the two companies.
10. Wix.com | + 19.36% increased
Wix reported a loss in the fourth quarter, but beat sales estimates when it reported its financial data last week. Investors were bullish after the results and took the stock higher.
All stock quotes are referenced and retrieved from Yahoo Finance, while the rankings are retrieved from Barchart.com.