5 Stocks That Could Have Boosted Your Portfolios by Double Digits

In this article, we will look at the 5 Stocks That Could Have Boosted Your Portfolios by Double Digits. For a deeper discussion and an extended list, please see 10 Stocks That Could Have Boosted Your Portfolios by Double Digits.

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5. Riot Platforms Inc. (NASDAQ:RIOT)

Riot Platforms extended its winning streak to a 6th consecutive day on Wednesday, climbing 13.53 percent to close at $16.11 apiece, after cashing in $102.3 million on gains from the sale of Bitcoins over the past five days.

This week alone, the company successfully disposed of 500 Bitcoins, successfully taking $34.87 million in fresh profits.

For the first quarter of the year, Riot Platforms Inc. (NASDAQ:RIOT) was able to rake in $289.5 million in revenues, having sold 3,778 Bitcoins. It ended the quarter with 15,680 units, lower by 18 percent than 19,223 in the same period a year earlier.

Apart from the sale, Riot Platforms Inc. (NASDAQ:RIOT) also mirrored the broader market optimism, thanks to a two-week ceasefire between the US and Iran that pulled investors back into the market.

In other news, Riot Platforms Inc. (NASDAQ:RIOT) last week announced a 4 percent drop in Bitcoin production for the first quarter of the year, ending the period at only 1,473 versus 1,530 in the same period in 2025.

Average daily production stood at 16.4, also lower by 4 percent than the 17 average in the same quarter year-on-year.

4. USA Rare Earth Inc. (NASDAQ:USAR)

USA Rare Earth soared by 14.62 percent on Wednesday to end at $16.78 apiece, as investors poured funds back into stocks tied to industries that the US government prioritized for strategic expansion.

The stock mimicked the wider market optimism, thanks to the two-week ceasefire between the US and Iran that allayed fears for worst-case scenarios for the global economy and sparked optimism for lower crude oil prices amid the reopening of the Strait of Hormuz—a critical waterway where 20 percent of global crude oil shipments pass through.

It can be recalled that the Strait was ordered shut under Iranian control since the war began, sending prices of global crude oil soaring as shipping firms looked for alternative pathways to transport oil.

Ceasefire aside, USA Rare Earth Inc. (NASDAQ:USAR) was among the favored stocks during the day, supported by strong confidence amid a flurry of positive developments recently, including the official commissioning of a large magnet facility, as well as the US government’s financial backing to help ramp up its expansion.

Late last month, USA Rare Earth Inc. (NASDAQ:USAR) officially kicked off the commercial operations of the first phase of its magnet facility in Stillwater, Oklahoma, allowing for the successful fulfillment of orders for sintered neodymium-iron-boron (NdFeB) permanent magnets.

Earlier this year, it secured a $1.6 billion backing from the US government, including $277 million in proposed federal funding and $1.3 billion in senior secured loan.

3. Hut 8 Corp. (NASDAQ:HUT)

Hut 8 grew its share prices for a 6th consecutive day on Wednesday, as investor sentiment was fueled by the easing tensions in the Middle East that allayed fears for worst-case scenarios for the global economy.

This followed the US and Iran’s announcement on Tuesday that they have agreed to a two-week ceasefire, paving the way for the reopening of the Strait of Hormuz, whose closure sent crude oil prices soaring globally over the past few weeks.

Meanwhile, Hut 8 Corp.’s (NASDAQ:HUT) rally was supported by investor optimism for companies tied to the US government’s priority industries, such as AI, rare earths, and semiconductors, among others.

For its part, Hut 8 Corp. (NASDAQ:HUT) is underway with the development of a $10 billion data center called River Bend with a designed 245 MW of power capacity.

Late last month, the company earned bullish coverage from Arete Research, issuing a “buy” recommendation and a $136 price target for the stock on optimism that Hut 8 Corp. (NASDAQ:HUT) would largely benefit from River Bend.

In December last year, Hut 8 Corp. (NASDAQ:HUT) inked a 15-year leasing deal with Google, which has the potential to generate up to $17.7 billion in revenues if and when the latter exercises all its renewal options.

The base term covers 245 MW of IT capacity for Fluidstack, for $7.7 billion. It also gives the latter the right of first offer for 1,000 MW of capacity in the campus’s future expansion.

2. AXT Inc. (NASDQ:AXTI)

AXT rallied for a second day on Wednesday, climbing 16.98 percent to close at $53.18 apiece, as investors loaded portfolios ahead of the release of its earnings performance for the first quarter of the year.

In a notice on its website, AXT Inc. (NASDQ:AXTI) said that it would announce its financial and operating highlights for the last quarter after market close on April 30, 2026. A conference call will be held to elaborate on the results.

The rally was further supported by the company’s earlier optimism that it would post sequential growth for the said period amid the progress in its export permits, which it failed to secure in the fourth quarter of 2025.

AXT Inc. (NASDQ:AXTI) also underscored the strong demand for indium phosphide—a high-performance semiconductor primarily used for high-speed electronics, optoelectronics, and photonics, and is crucial for various industries, including fiber optic communications, mobile networks, automotive lidars, and laser technologies, among others—as data center operators continue with their AI infrastructure build-out.

“We are in a strong position to achieve sequential revenue growth in Q1, driven primarily by growth in indium phosphide for the AI infrastructure build-out,” AXT Inc. (NASDAQ:AXTI) CEO Morris Young said.

“We are also on track to double our indium phosphide manufacturing capacity this year and have a strong balance sheet to support our continued business expansion,” he noted.

Last year, AXT Inc. (NASDAQ:AXTI) widened its attributable net loss by 83 percent to $21.26 million from $11.6 million in 2024. Revenues also declined by 11 percent to $88 million from $99 million year-on-year.

In the fourth quarter alone, attributable net loss narrowed by 31 percent to $3.5 million from $5.09 million, while revenues dropped by 8 percent to $23 million from $25 million.

1. Aehr Test Systems Inc. (NASDAQ:AEHR)

Aehr Test Systems soared to a fresh all-time high on Wednesday after posting an optimistic outlook for its business, thanks to a strong demand for its testing technology from semiconductor giants.

In intra-day trading, the stock climbed to its highest price of $66.28 before trimming gains to finish the session just up by 25.69 percent at $63.16 apiece.

In a statement during Aehr Test Systems Inc.’s (NASDAQ:AEHR) earnings call, President and CEO Gayn Erickson announced big wins, including a new major customer for its high-power FOX-XP WLBI system for devices aimed at the hyperscale data center optical interconnect market.

Erickson said that the new customer is currently developing advanced silicon photonics–based transceivers for data center networking and optical I/O applications to address the rapidly accelerating demand for high-speed fiber optic communication links in hyperscale AI and cloud data centers.

“We believe this win positions Aehr to participate in what could be a significant multiyear expansion of silicon photonics production driven by the growth of fiber optic interconnects in hyperscale AI data centers,” he said.

Additionally, Aehr Test Systems Inc. (NASDAQ:AEHR) bagged a new contract with a major AI customer for multiple testing machines for use in data centers, as well as a large data center customer testing its system to test custom AI chips at scale.

It said that the latter tapped Aehr Test Systems Inc. (NASDAQ:AEHR) for its next-generation chips, translating to more future orders.

In other news, the company widened its net loss in the last quarter ending February 2026 by 398 percent to $3.2 million from only $643,000 in the same period a year earlier. Revenues also decreased by 43.7 percent to $10.3 million from $18.3 million year-on-year.