Weekly Winners｜Bungie and JB Hunt Soar 20%; Estee Lauder and On Semi Jump 14%; Micron Rise 11%

This week, which stocks lagged or dragged? Weekly Winners column keeps up with market trends, helping Tigers sort out the week's hottest sectors, stock winners and important news.

Below are the top 10 S&P 500 stock gainers for the week ended October 17:

Bunge shares soar 21% after Trump considers China cooking oil embargo

Bunge Global jumped 21% this week on the back of the Trump administration’s threat to cut off U.S. purchases of Chinese cooking oil.

Bunge is one of the largest soybean processors and cooking oil producers in the world. The stock’s year to date gains are roughly 25%.

President Donald Trump on Tuesday said the U.S. is considering “terminating business with China having to do with Cooking Oil” as a retaliatory action against Beijing’s refusal to buy U.S. soybeans. China was the top buyer of American soybeans for years but has not bought a single soybean from the U.S. since May amid its trade war with the Trump administration. The country has instead been buying the crop from Argentina and Brazil due to Trump’s high tariff rates on China.

J.B. Hunt Stock Has Best Day In Almost 28 Years

Logistics provider J.B. Hunt Transport Services shares jumped Thursday after the company reported better-than-expected third-quarter earnings on Wednesday evening.

Hunt posted earnings per share of $1.76 from sales of $3.1 billion. Wall Street was looking for EPS of $1.46 from sales of $3 billion, according to FactSet.

Shares gained 22.1%, closing at $169.57. It was the best day for the stock since 1998, according to Dow Jones Market Data. Shares rose 22.4% on Jan. 28 of that year.

ON Semiconductor (ON) Surges on Strategic Partnerships

ON Semiconductor shares surged by 14.84% this week, driven by strategic partnerships with Xiaomi and Nvidia.

ON Semiconductor is a leading supplier in the power semiconductor and sensor markets, focusing on automotive and industrial applications.

The company's financial health is robust, with a strong Altman Z-Score and expanding operating margins.

Micron will get a boost from supply shortage in memory storage, UBS says

Micron Technology could rise from here due to a skewed supply-demand imbalance, according to UBS.

The bank reiterated its buy rating on the semiconductor stock and raised its 12-month price target to $245 per share from $225.