Why Newell Brands Inc. (NWL) Soared On Thursday
We recently published a list of . In this article, we are going to take a look at where Newell Brands Inc. (NASDAQ:NWL) stands against other top performers on Thursday.
The stock market ended strong anew on Thursday, with all major indices finishing in the green territory, as investor sentiment was bolstered by a flurry of corporate earnings supported by better-than-expected performance from the technology giants.
The tech-heavy Nasdaq led the rally among all major indices, finishing up 1.52 percent. The S&P 500 clocked in a 0.63-percent gain, while the Dow Jones was up by 0.21 percent.
Ten companies also mimicked the broader market optimism following impressive earnings performance and an optimistic outlook for the rest of the year.
In this article, we have identified the 10 top performers on Thursday and detailed the reasons behind their gains.
To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.
A technician inspecting a commercial kitchen appliance in a factory line.
Newell Brands grew its share prices by 8.16 percent on Thursday to close at $5.17 apiece as investor sentiment was buoyed by the company's maintained business outlook for the rest of the year despite posting dismal earnings performance during the past quarter.
In the company's latest earnings release, Newell Brands Inc. (NASDAQ:NWL) Chief Finance Officer Mark Erceg said that the company's 'series of swift interventions,' including targeted pricing actions, incremental cost reduction efforts, and rapid sourcing decisions, brings confidence that it can fully offset the US tariffs and foreign retaliatory tariffs currently in place, other than the 125-percent US tariffs on China, and maintain its original 2025 full year net sales, operating margin and EPS guidance ranges.
In the first three months, Newell Brands Inc. (NASDAQ:NWL) widened its net loss by 311 percent to $37 million from $9 million in the same period last year, while net sales dropped by 5.3 percent to $1.566 billion from $1.653 billion year-on-year.
Overall, NWL ranks 4th on our list of top performers on Thursday. While we acknowledge the potential of NWL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NWL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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