Intuit (INTU) is a top-performing stock, after rising by 8.12% to $720.13 last Friday, May 23. In the third quarter, the company beat expectations. Demand for QuickBooks, TurboTax, and strong performance at Credit Karma helped its results.
Intuit is forecasting a 15% Y/Y growth in revenue this fiscal year.
Enphase (ENPH) gained 4.3% despite a weak market on May 23. However, the stock slumped all year. Solar energy companies will perform poorly after the Trump tax bill ended some tax credits. Solar and wind energy tax breaks would end in 2028, instead of a phaseout through 2031.
AES rose by 3.74% to close at $9.99 last week. The stock trades at a forward P/E of 4.64 times. The share price needs to hold the $10.00 line to begin its rebound.
Among the bottom performers, Deckers Outdoor (DECK) lost one-fifth of its value last week. Tariffs will cost $150 million. In 2026, margins will decline, while its UGG business enjoys strong momentum. HOKA’s mid-teen growth will continue.
Workday (WDAY) shares broke down after touching $275. Shares closed at $238.01 after the Q1 report. Revenue rose by 12.6% Y/Y to $2.24 billion.
Copart (CPRT) fell back to March levels after posting Q3 results. Earnings met expectations but revenue of $1.2 billion (+6.2% Y/Y) disappointed shareholders. Although tariffs created an uncertain environment, Copart needs to cut expenses to protect profit margins.
