Stocks like Nvidia, Apple, Costco, Eli Lilly, and Broadcom have surged since April.

From CNBC: 2024-05-30 06:00:01

Wall Street has been hitting milestones since the Club’s April Monthly Meeting, with the Nasdaq Composite reaching an all-time high above 17,000. The Dow Jones set a record above 40,000, and the S&P 500 hit a record as well. Top performing stocks in the portfolio include Nvidia, Apple, Costco, Eli Lilly, and Broadcom.

Nvidia, the top performer, jumped 44.1% since April’s Monthly Meeting due to strong quarterly earnings. Apple shares climbed 12.6% following an earnings beat and reports of improving China sales. Costco rose 11.4% ahead of its quarterly earnings, benefitting from frugal consumer trends. Eli Lilly stock surged 10.8% on strong earnings and demand for diabetes drugs. Broadcom added 10.6% due to AI-driven announcements and iPhone upgrade cycle potential.



Read more at CNBC:: Here are the portfolio’s top 5 performing stocks since April’s Monthly Meeting