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Software stocks lead August gains as energy and tech sectors climb

Moderna was the best performer by a wide margin, according to MarketWatch.

By TMRO Staff·2 min read

Key points

  • Energy and technology sectors did well in August.
  • Moderna's stock was the best performer by a wide margin.
  • Software industry continues its recovery.
  • MarketWatch identified 22 best-performing stocks of August.

The energy and technology sectors led stock gains in August, according to a MarketWatch report published on August 31, 2026. The report identified 22 best-performing stocks for the month, with Moderna's stock emerging as the top performer by a wide margin. The software industry also continued its recovery, contributing to the technology sector's strength.

MarketWatch's analysis highlights a month where energy and tech outperformed, while Moderna's standout performance drew attention. The report did not provide specific figures or a full list of the 22 stocks, but it underscored the sectors' resilience.

Software recovery persists

The software industry's ongoing recovery was a notable theme in August. While the report did not detail which software companies were among the best performers, it indicated that the sector's rebound continued, building on prior months' momentum.

Energy and tech lead

Energy and technology were the sectors that did well in August, according to MarketWatch. This broad sector performance suggests a diversified rally, though the report did not specify individual energy or tech stocks beyond Moderna.

Moderna's standout month

Moderna's stock was the best performer by a wide margin, per the report. The biotech company's gains stood out among the 22 best-performing stocks, though the report did not provide a percentage or reason for the surge.

The report leaves open the question of whether these trends will continue into September, and which specific stocks will sustain their gains as the software recovery and sector performance evolve.

Why it matters

The performance of these sectors indicates ongoing investor confidence in technology and energy, while Moderna's strong showing may reflect market sentiment on its pipeline. The software industry's recovery suggests sustained demand for digital solutions, which could influence broader market trends.

Sources

TMRO Report writes original coverage based on the material listed above.