In this article, we deep dive into the 5 Stocks Racking Up Monster Gains. For a deeper discussion and an extended list, please see 10 Stocks Dominating With Powerful Gains.
The New York Stock Exchange building. Photo by Дмитрий Трепольский on Pexels
5. Venture Global Inc. (NYSE:VG)
Venture Global soared by 9.38 percent on Friday to finish at $14.23 apiece, as investors repositioned portfolios amid the lingering uncertainties on the reopening of the Strait of Hormuz.
The stock mirrored the jump in prices of energy commodities—with natural gas up by 2.28 percent during the day, while the crude oil benchmark, Brent and WTI, surged 3.35 percent and 4.20 percent, respectively.
The rally was due to the lingering uncertainties in the Strait, with Iran announcing that it “cannot trust the Americans at all,” and that it is “trying to maintain the shaky ceasefire” to give way for diplomacy.
Earlier this week, Venture Global Inc. (NYSE:VG) announced a strong earnings performance in the first quarter of the year, with net income attributable to common shareholders surging by 23 percent to $488 million from $396 million in the same period last year.
Revenues soared by 59 percent to $4.599 billion from $2.894 billion year-on-year, having exported 130 cargoes and achieving a new sales record of 481 TBtu of liquefied natural gas in the same comparable period.
“The first quarter of 2026 was a dynamic and at times volatile period for the global LNG market, and we are proud that our company has played a critical role in helping maintain supply stability. Venture Global continues to deliver reliable US energy to our customers, while generating strong financial results for our shareholders,” Venture Global Inc. (NYSE:VG) CEO Mike Sabel said.
4. Enphase Energy Inc. (NASDAQ:ENPH)
Enphase Energy climbed to a new 52-week high on Friday, as investors resumed buying positions following the launch of a new product and a new strategy to lure customers before the looming solar tax credit deadline.
In intra-day trading, the stock soared to a record high of $53.89 before trimming gains to end the session just up by 10.16 percent at $52.89 apiece.
In a statement, Enphase Energy Inc. (NASDAQ:ENPH) said that customers can now place preorders for its new IQ9S-3P Commercial Microinverter, a new product capable of supporting 770-watt solar panels to remain eligible for the 30 percent commercial tax credit before the July 4 deadline.
“Preorders … allow customers to safe harbor equipment ahead of upcoming federal tax credit deadlines while finalizing project designs,” it said.
Enphase Energy Inc.’s (NASDAQ:ENPH) new microinverter is capable of supporting 18A of continuous DC current, delivering up to 548 VA of continuous output power, and is designed for high-wattage solar panels for commercial customers.
It is likewise equipped with advanced GaN technology, enabling high performance, cooler operation, and an industry-leading CEC weighted efficiency of 97.5 percent.
In other news, Enphase Energy Inc. (NASDAQ:ENPH) swung to a net loss of $7.4 million in the first quarter of the year from a $29.7 million net income in the same period last year, as revenues fell by 20 percent to $282.9 million from $356 million year-on-year.
3. The Magnum Ice Cream Company NV (NYSE:MICC)
Magnum saw its share prices jump by 10.92 percent on Friday to close at $16.66 apiece, as investors increased their exposure following news that it is being eyed for acquisition by several private equity firms.
A report by Reuters, citing sources privy to the matter, said that investment firms Blackstone and CD&R are among the companies planning to take over the giant ice cream maker, and that share price monitoring is underway before deciding whether to make a move.
Reuters said that the companies are waiting for The Magnum Ice Cream Company NV’s (NYSE:MICC) summer sales report before making a decision.
Earlier this year, The Magnum Ice Cream Company NV (NYSE:MICC) reported solid sales growth in the first quarter of the year, with organic sales growth jumping by a faster pace of 4.5 percent, versus 3.8 percent in the same period last year, thanks to a healthy volume growth across three regions.
Revenues stood at €1.77 billion, dipping by 1.2 percent from the €1.792 billion in the same comparable period, primarily dragged by a 5.5 percent negative impact on foreign exchange.
The company also reaffirmed its sales growth outlook for full-year 2026 at 3 to 5 percent, albeit remaining cautious over the uncertainties in the Middle East.
It said that mitigation measures are being implemented, albeit direct regional exposure remains limited.
2. Figma Inc. (NYSE:FIG)
Figma climbed by 13.24 percent on Friday to close at $22.92 apiece, as investors cheered its strong revenues for the first quarter of the year, which beat earlier expectations.
In a statement, Figma Inc. (NYSE:FIG) said that it grew its revenues by 46 percent to $333.4 million, beating its earlier guidance of $315 million to $317 million. The figure marked a 46 percent jump from the $228 million in the first quarter last year.
CFO Praveer Melwani pointed to the stronger-than-expected seat expansion across entire organizations, driven by design’s growing importance and adoption of its AI products such as Figma Make, MCP, and Figma Weave.
Figma Inc. (NYSE:FIG), however, swung to a net loss of attributable to shareholders of $142 million from an $8.6 million attributable net income year-on-year.
Looking ahead, Figma Inc. (NYSE:FIG) raised its revenue growth outlook for the full-year period to a range of $1.422 billion to $1.428 billion, versus the $1.366 billion to $1.374 billion previously expected. This would imply a growth of 34.6 percent to 35 percent from the $1.056 billion posted last year.
For the second quarter alone, revenues are projected to be in the range of $348 million to $350 million, or an implied growth of 39 percent to 40 percent from the $249.6million year-on-year.
1. SolarEdge Technologies Inc. (NASDAQ:SEDG)
SolarEdge soared to an over two-year high on Friday, as investors loaded portfolios on strong investor optimism for the second quarter of the year, ahead of the looming deadline for solar tax credits.
In intra-day trading, the stock climbed to a record high of $63.53 before trimming gains to finish the session just up by 22.93 percent at $61.76 apiece.
Businesses are expected to scramble to safe-harbor equipment before the July 4 deadline for the government’s federal investment tax credit to qualify for the 30 percent incentive. This, in turn, is expected to help boost sales of SolarEdge Technologies Inc. (NASDAQ:SEDG) in the second quarter of the year.
In other news, SolarEdge Technologies Inc. (NASDAQ:SEDG) announced the appointment of Maoz Sigron as its new chief finance officer, effective May 31, 2026. He will replace incumbent CFO Asaf Alperovitz, who is stepping down to pursue another professional opportunity outside of the industry.
Prior to joining SolarEdge Technologies Inc. (NASDAQ:SEDG), Sigron served as CFO and COO at Perion Network Ltd. He boasts a strong track record in governance, M&A, capital markets, budgeting, and operational discipline.
Alperovitz, on the other hand, will remain with the company until June 9, 2026, to assist with the transition.
While we acknowledge the potential of SEDG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SEDG and that has 100x upside potential, check out our report about the cheapest AI stock.
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