Value Stocks to Watch - March 8th
Mar 9, 2025
Top Large-Cap Gainers: Alibaba, Super Micro Computer and XPeng Shine in Recent Market Surge
The past week was marked by impressive gains for several large-cap stocks. From February 17 to February 21, these stocks topped the performance charts. Are you holding any of them in your portfolio?
- Unity Software Inc. (U) saw its shares rise by 36.64% following the release of stronger-than-expected fourth-quarter financial results. This led several financial firms to increase their price forecasts for the stock.
- Super Micro Computer Inc. (SMCI) experienced a notable surge of 32.62%, continuing the momentum from last week. Investors are looking forward to an update on the company’s delayed filings, which has been a point of interest.
- Alibaba Group Holding (BABA) shares jumped 20.25% after the company revealed its fiscal third-quarter results. The positive performance has led multiple analysts to revise their price targets upward.
- FTAI Aviation Ltd. (FTAI) stock climbed 19.82% as a response to a significant announcement that addressed recent reports from short-sellers.
- STMicroelectronics (STM) shares rose 15.39%. The company is preparing to debut its next-generation technologies that aim to enhance optical connections in data centers and artificial intelligence clusters.
- XPeng Inc. (XPEV) saw its shares increase by 15.36%, likely influenced by positive sentiment surrounding Alibaba’s quarterly results, backing from President Xi, and advancements in DeepSeek AI.
- Analog Devices Inc. (ADI) stock improved by 14.13% following the release of strong fiscal first-quarter results, prompting a reevaluation of price forecasts by analysts.
- BeiGene, Ltd. (ONC) stock appreciated by 13.25%.
- Tencent Music Entertainment Group (TME) stock increased by 12.70%, buoyed by optimism around President Xi’s support and advancements from DeepSeek AI.
- Microchip Technology Inc. (MCHP) shares gained 12.55% after announcing the launch of its Mplab AI coding assistant, an innovative tool designed to aid developers and engineers in writing and debugging code using artificial intelligence.
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