Weekly Winners | Broadcom Rockets 18%; Intel Rallies 17%; Storage Shares Shine With Western Digital up over 17%; Seagate up over 16%; Micron up 14%

Tiger Newspress
Nov 30

This week, which stocks lagged or dragged? Weekly Winners column keeps up with market trends, helping Tigers sort out the week's hottest sectors, stock winners and important news.

Below are top 10 S&P 500 stock gainers for the week ended Nov. 28:

Goldman Sachs Raises Broadcom's Price Target Amid AI Growth Optimism

Broadcom's stock surged over 18% this week. Goldman Sachs analyst James Schneider has raised his price target for Broadcom’s stock, reaffirming his buy rating and underlining the company’s pivotal role as a key “arms dealer” in the AI revolution.

However, Schneider emphasized that expectations for Broadcom’s fourth-quarter results are extraordinarily high. Investors are anticipating not only a strong earnings beat but also upward revisions for future guidance, bolstered by fiscal 2026 AI revenue projections that exceed $11 billion.

Goldman Sachs increased Broadcom’s price target by 14.5%, from $380 to $435, as it heads into the fourth quarter with a strong operational setup. Schneider’s analysis highlights three key factors investors are closely monitoring: AI revenue guidance for FY 2026, the contributions of sales to major players like Google and OpenAI, and the company's ability to sustain its robust profit margins as its custom XPU business expands rapidly.

Intel Could Finally Return to Apple Computers in 2027, TF International Analyst Says

Shares of Intel surged over 17% this week. Apple’s supply chain analyst Ming-Chi Kuo says that Apple has a non-disclosure agreement with Intel to acquire the company’s 18AP PDK 0.9.1GA chips. At this point, the company is waiting on Intel to deliver the PDK 1.0/1.1 kit, which is supposed to arrive in the first quarter of 2026.

If everything stays on track, Intel could start shipping Apple’s lowest-end M-series processor, built on the 18AP advanced node, sometime in the second or third quarter of 2027, Kuo says. But that timing still depends on how smoothly things go once Apple actually gets the PDK 1.0/1.1 kit.

Storage Shares Surge as AI Computing Boom Ignites Storage Bull Market

Storage players surged this week. Western Digital surged over 17%; Seagate Technology rose over 16%; Micron rose 14%. Wall Street heavyweight Bank of America (BofA) has released a research report titled "Storage Supercycle Engulfs the Globe," reinforcing the market's strongest trading thesis—that global storage products are entering an unprecedented supercycle.

Year-to-date, leading memory chipmakers SK Hynix, Samsung Electronics, and Micron Technology have seen triple-digit stock gains, while enterprise storage players like Seagate, SanDisk, and Western Digital have surged over 200%, with SanDisk—a leader in enterprise SSD systems—soaring 500%. These gains far outpace broader equity markets.

Driven by OpenAI's $1.4 trillion AI computing infrastructure agreements and projects like "Stargate," demand for massive enterprise-grade high-performance storage (including HBM systems, enterprise SSDs/HDDs, and server-grade DDR5) is skyrocketing, fueling price hikes and stock rallies for storage giants.

Keysight Technologies Reports Strong Earnings and Growth Prospects

Keysight Technologies Inc. rose over 14% this week after revealing a strong financial performance characterized by significant growth in orders, revenue, and earnings per share (EPS). The company also reported record free cash flow and strategic acquisitions that are expected to bolster future growth prospects. While challenges such as tariff impacts and short-term dilution from acquisitions were acknowledged, the overall sentiment was positive, with robust growth and strategic positioning for future opportunities outweighing the negatives.

Keysight Technologies demonstrated impressive financial results in the fourth quarter, with orders growing by 14%, revenue increasing by 10%, and EPS rising by 16%. For the full year, orders and revenue rose by 8%, while EPS increased by 14%. These figures underscore the company’s robust financial health and its ability to deliver consistent growth.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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