Stocks

Five Prominent Large-Cap Stocks to Watch in January

Published January 4, 2024

As we usher in a new year, investors are keenly looking for strong momentum stocks to strengthen their portfolios. Among a selection of large-capitalization stocks, we've identified five that stand out for their solid performance and potential upside in January. These are SHOP, BGNE, SPLK, CASY, and REGN.

Shopify Inc. (SHOP)

SHOP, headquartered in Ottawa, Canada, is redefining the realm of commerce with its robust service platform, offering solutions not only in North America but also in the UK, Australia, Latin America, and other global markets. This company's innovative approach to e-commerce makes it a standout momentum pick for investors.

BeiGene, Ltd. (BGNE)

BGNE, with its main offices in Beijing, is a trailblazer in the oncological pharmaceutical space, producing cutting-edge cancer treatments for the Chinese and US markets. This firm's commitment to addressing critical healthcare needs highlights its strong growth trajectory.

Splunk Inc. (SPLK)

Headquartered in San Francisco, SPLK excels in the tech sector, providing invaluable software and cloud services that harness data insights from digital systems. Its solutions, pivotal to businesses worldwide, underline its robust momentum in the market.

Casey's General Stores, Inc. (CASY)

Ankeny-based CASY operates a chain of convenience stores across multiple states, offering consumers accessibility and convenience. Casey's has carved a niche in the retail space that supports its inclusion in our momentum portfolio.

Regeneron Pharmaceuticals, Inc. (REGN)

Originating in Westchester County, REGN is at the forefront of biotechnology, expanding from its work on neurotrophic factors to a broader focus that encompasses cytokine and tyrosine kinase receptors. This leading biotech's continual innovation renders it a strong momentum play.

investment, momentum, large-cap