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Last Week's Large-Cap Winners: BitMine, Rocket Companies, and Symbotic Lead the Pack

MarketDash Editorial Team
8 days ago
From warehouse automation to precious metals, these ten large-cap stocks delivered impressive gains during the week of November 24-28. Here's what drove their momentum.

If you're wondering which large-cap stocks actually delivered last week, here's your answer. The week of November 24-28 brought some significant winners, and the reasons behind their gains tell an interesting story about where money is flowing right now.

The Automation Winner

Symbotic Inc. (SYM) absolutely crushed it, gaining 56.57% to claim the top spot. The warehouse automation company didn't just beat fourth-quarter estimates—it also issued first-quarter sales guidance that had analysts nodding approvingly. Barclays jumped on board, raising their price target from $38 to $41. When you beat expectations and show promising forward guidance, this is what can happen.

Mining Stocks Strike Gold

Four precious metals miners made the list, and there's a clear theme here. Hecla Mining Company (HL) gained 27.52%, Pan American Silver Corp. (PAAS) climbed 26.58%, Coeur Mining, Inc. (CDE) rose 24.86%, and Harmony Gold Mining Company (HMY) added 17.30%.

The catalyst? Fed Governor Waller's comments about a potential December rate cut sent precious metals stocks higher. When interest rates fall, gold and silver tend to look more attractive, and these companies rode the wave as metal prices surged.

Crypto and Tech Plays

BitMine Immersion Technologies, Inc. (BMNR) gained 27.78% after adding another $44 million in Ethereum (ETH) to its balance sheet. The timing is interesting—analyst Tom Lee has been making bold calls about ETH hitting $7,000 to $9,000 by early 2026. Whether that materializes remains to be seen, but BitMine is clearly betting big on the possibility.

On the tech side, Lumentum Holdings Inc. (LITE) surged 30.22% after multiple analysts raised their price forecasts. Sometimes it's that simple—when the analyst community gets bullish in concert, momentum follows.

Coherent Corp. (COHR) gained 22.06%, benefiting from broader tech sector strength. The momentum may have been triggered by Dell Technologies Inc. (DELL) delivering strong third-quarter earnings and robust guidance, lifting sentiment across the sector.

Celestica, Inc. (CLS) rounded out the tech names with a 23.97% gain.

The Rate Cut Connection

Rocket Companies, Inc. (RKT) jumped 19.21%, propelled by shifting Federal Reserve expectations. When rate cut talk heats up, mortgage companies get a natural tailwind. Lower rates mean more refinancing activity and potentially more home purchases—both good news for Rocket's business model.

What's interesting about this week's winners is the diversity. You've got warehouse automation, precious metals miners, crypto plays, traditional tech, and mortgage lenders all making the cut. The common threads? Federal Reserve policy expectations and strong fundamental catalysts like earnings beats and analyst upgrades. When macro conditions align with company-specific good news, these are the kinds of moves you can see—even in large-cap names that typically move more slowly.

Back to News

Last Week's Large-Cap Winners: BitMine, Rocket Companies, and Symbotic Lead the Pack

MarketDash Editorial Team
8 days ago
From warehouse automation to precious metals, these ten large-cap stocks delivered impressive gains during the week of November 24-28. Here's what drove their momentum.

If you're wondering which large-cap stocks actually delivered last week, here's your answer. The week of November 24-28 brought some significant winners, and the reasons behind their gains tell an interesting story about where money is flowing right now.

The Automation Winner

Symbotic Inc. (SYM) absolutely crushed it, gaining 56.57% to claim the top spot. The warehouse automation company didn't just beat fourth-quarter estimates—it also issued first-quarter sales guidance that had analysts nodding approvingly. Barclays jumped on board, raising their price target from $38 to $41. When you beat expectations and show promising forward guidance, this is what can happen.

Mining Stocks Strike Gold

Four precious metals miners made the list, and there's a clear theme here. Hecla Mining Company (HL) gained 27.52%, Pan American Silver Corp. (PAAS) climbed 26.58%, Coeur Mining, Inc. (CDE) rose 24.86%, and Harmony Gold Mining Company (HMY) added 17.30%.

The catalyst? Fed Governor Waller's comments about a potential December rate cut sent precious metals stocks higher. When interest rates fall, gold and silver tend to look more attractive, and these companies rode the wave as metal prices surged.

Crypto and Tech Plays

BitMine Immersion Technologies, Inc. (BMNR) gained 27.78% after adding another $44 million in Ethereum (ETH) to its balance sheet. The timing is interesting—analyst Tom Lee has been making bold calls about ETH hitting $7,000 to $9,000 by early 2026. Whether that materializes remains to be seen, but BitMine is clearly betting big on the possibility.

On the tech side, Lumentum Holdings Inc. (LITE) surged 30.22% after multiple analysts raised their price forecasts. Sometimes it's that simple—when the analyst community gets bullish in concert, momentum follows.

Coherent Corp. (COHR) gained 22.06%, benefiting from broader tech sector strength. The momentum may have been triggered by Dell Technologies Inc. (DELL) delivering strong third-quarter earnings and robust guidance, lifting sentiment across the sector.

Celestica, Inc. (CLS) rounded out the tech names with a 23.97% gain.

The Rate Cut Connection

Rocket Companies, Inc. (RKT) jumped 19.21%, propelled by shifting Federal Reserve expectations. When rate cut talk heats up, mortgage companies get a natural tailwind. Lower rates mean more refinancing activity and potentially more home purchases—both good news for Rocket's business model.

What's interesting about this week's winners is the diversity. You've got warehouse automation, precious metals miners, crypto plays, traditional tech, and mortgage lenders all making the cut. The common threads? Federal Reserve policy expectations and strong fundamental catalysts like earnings beats and analyst upgrades. When macro conditions align with company-specific good news, these are the kinds of moves you can see—even in large-cap names that typically move more slowly.