NVDA - Top 10 performing tech stocks for the week
2024-01-12 13:16:47 ET
Despite major market averages trading to the downside on Friday they still look to close out the week in the green, thanks in part to the Information Technology space. The sector has been the best performing segment in the S&P 500 on the week.
Outlined below are the top 10 best-performing stocks over the past week from the Info Tech space that have at least $10B in market cap.
Top 10 Performing Tech Stocks on the Week
No. 10: Samsara ( IOT ) + 10.2% .
No. 9: Advantest Corporation ( OTCPK:ATEYY ) +10.3% .
No. 8: Shopify Inc. ( NYSE: SHOP ) +10.7% .
No. 7: DocuSign ( NASDAQ: DOCU ) +11.6% .
No. 6: Marvell Technology ( NASDAQ: MRVL ) +13.4% .
No. 5: Palo Alto Networks ( PANW ) +14.2% .
No. 4: Nvidia Corporation ( NASDAQ: NVDA ) +14.2% .
No. 3: CrowdStrike Holdings ( CRWD ) +15.28% .
No. 2: Super Micro Computer ( SMCI ) +18.8% .
No. 1: Juniper Networks ( JNPR ) +26.8% .
Year-to-date price action: IOT -1.3% , ATEYY +3.1% , SHOP +5.3% , DOCU +7.6% , MRVL +8.9% , PANW +10.2% , NVDA +10.3% , CRWD +10.8% , SMCI +19.8% , and JNPR +27.2% .
Aside from the above-mentioned stocks, investors can also look into tech focused exchange traded funds that offer a more diversified approach to the market sector. Some funds are as follows: Vanguard Information Technology ETF ( VGT ), Technology Select Sector SPDR Fund ( XLK ), iShares U.S. Technology ETF ( IYW ), Fidelity MSCI Information Technology Index ETF ( FTEC ), and the iShares Global Tech ETF ( IXN ).
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Top 10 performing tech stocks for the week