LOOK: These 10 Stocks Just Stole The Show

Ten companies outperformed the broader market on Friday, overcoming pessimism due to geopolitical tensions, thanks to fresh company-specific developments that sparked a buying appetite.

In contrast, the Dow Jones declined by 1.79 percent, while the tech-heavy Nasdaq dropped 1.30 percent, and the S&P 500 decreased 1.13 percent.

In this list, we name the 10 best-performing stocks of Friday and detail the reasons behind their gains.

To compile the list, we considered only stocks with a market capitalization of at least $2 billion and a trading volume of over 5 million.

10. Venture Global Inc. (NYSE:VG)

Venture Global bounced back by 5.57 percent on Friday to close at $17.64 apiece as investors took path from an investment firm’s higher price target for the company.

Earlier this week, UBS gave Venture Global Inc. (NYSE:VG) a price target of $18, higher than the $14 previously, but downgraded its rating for the stock to “neutral” from “buy” prior.

The revision was based on Venture Global Inc.’s (NYSE:VG) outperformance. In the past 30 days of trading, its stock price has already jumped by 64.55 percent and similarly grown by 12.79 percent in just the last five trading days.

According to UBS, it acknowledged the positive momentum for the company, but noted that based on its recent stock price movement, it sees only a limited upside.

Venture Global Inc. (NYSE:VG) stands to become one of the companies that will benefit from President Donald Trump’s LNG export restrictions from trade partners.

9. ZIM Integrated Shipping Services Ltd. (NYSE:ZIM)

ZIM Integrated snapped a four-day losing streak on Friday, jumping by 5.67 percent to close at $17.51 apiece as investor sentiment was buoyed by positive developments from the US-China trade negotiations.

ZIM Integrated Shipping Services Ltd. (ZIM), one of the 20 largest shipping companies globally, stands to benefit from the trade negotiation progress on expectations that it would spur global trade activities anew.

Based on its 2024 annual report, a significant chunk of its operations originates from China, “and therefore depends on the level of imports and exports to and from China.”

Despite a challenging first quarter for ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), the company still achieved a 227-percent jump in its net income attributable to shareholders of $295.3 million from the $90.3 million registered in the same period last year.

Total revenues increased by 28.8 percent to $2.01 billion from the $1.56 billion registered in the same period last year, mainly driven by the increase in freight rates and carried volume.