Best Stocks in the Past Week: Blockchain, SPAC Stocks Rise

Earnings season is coming to an end and TheStreet has been highlighting the top companies reporting financials each week. Nvidia  (NVDA) – Get Report, Home Depot  (HD) – Get Report, and Salesforce  (CRM) – Get Report highlight this week’s list.

One of the top stocks under $10 to rise this past week was Energous Corp.  (WATT) – Get Report on news that Apple is working on a wireless charging attachment for the newest iPhones.

Here are some of the best stocks in the past week by their performance in percentage change at the close of trading on Feb. 19. These include stocks over a $10 share price at the time of publishing.

1. Canaan | Increased +132.77%

Bitcoin increased its market value to $1 trillion lifting blockchain stocks like Canaan  (CAN)  higher this past week.

2. Churchill Capital IV | Increased +68.06%

Lucid Motors is expected to go public in the upcoming week via a SPAC. Michael Klein’s SPAC Churchill Capital IV  has raised 2 billion for the deal. 

3. Riot Blockchain | Increased +65.54%

Riot Blockchain  (RIOT) – Get Report was the top stock on last week’s best stocks of the week. As Bitcoin and other cryptocurrencies increase in value, blockchain stocks will rise with it.

4. Gores Holdings VI | Increased +47.26%

Matterport is reportedly in merger talks with Gores Holdings VI and the stock was rising this past week after CNBC analyst Josh Brown made a case for why investors should buy shares.