Skip to main content

5 Top Stock Gainers for Friday: Salesforce, AMD, Nvidia

Salesforce, AMD, Nvidia, Welbilt and Hexo are five top stock gainers for Friday.
  • Author:
  • Publish date:

Stocks finished higher Friday despite concern about inflation rates.

Here are some of the market's biggest gainers for Friday:

1. Salesforce | Increase 5.4%

Salesforce  (CRM) - Get Salesforce Inc. Report advanced after several analysts reiterated their optimism about the stock following the customer-relationship-management-software provider's first-quarter print. The company reported adjusted earnings of $1.21 a share on revenue of $5.96 billion.

2. Advanced Micro Devices | Increase 2.1%

Advanced Micro Devices  (AMD) - Get Advanced Micro Devices Inc. Report was higher after Benchmark initiated coverage of the chipmaker with a buy rating and $100 price target. Analyst Cody Acree said he expected "the firm’s leadership to continue to drive share gains for at least the next few years."

Scroll to Continue

TheStreet Recommends

3. Nvidia | Increase 4.9%

Nvidia  (NVDA) - Get NVIDIA Corporation Report rose after the semiconductor maker reported fiscal-first-quarter earnings and revenue that topped analyst expectations. The company reported quarterly earnings of $3.66 a share on revenue of $5.66 billion. Analysts were expecting earnings of $3.29 a share on revenue of $5.4 billion.

4. Welbilt | Increase 24%

Welbilt  (WBT) - Get Welbilt Inc. Report surged after Reuters reported that Italian foodservice equipment maker Ali Group made a $3.3 billion cash offer for the producer of kitchen and restaurant equipment. Last month, Welbilt agreed to be acquired by peer Middleby  (MIDD) - Get The Middleby Corporation Report for $2.9 billion of stock. A source told Reuters that Ali Group is offering $23 for each Welbilt share.

5. Hexo | Increase 10%

Hexo  (HEXO) - Get HEXO Corp. Report jumped after the Canadian cannabis company said it would acquire Canada's largest privately owned licensed producer, Redecan, for C$925 million, or US$765 million, of cash and stock. Following the transaction, Hexo would be a Canadian volume leader in dried flower across premium, mainstream and value price points.