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These global stocks surged last week, and analysts give them further upside

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A number of U.S. health care and pharmaceutical stocks had big gains last week, and analysts say they've got further to go.

Last week was a good one for global stocks. The MSCI World index was up around 4% over the week, tracking Wall Street with major U.S. indexes on track to snap a two-month losing streak in October. Markets will be looking to the U.S. Federal Reserve meeting this week for signals that the central bank could pause its rate hikes in the near future. Among the MSCI World stocks, 23 had weekly gains of more than 15%, with seven surging more than 20%, as of the close on Oct. 28.

Over 60% of analysts covering Centene give it a buy rating, and it has 18% average upside, according to FactSet data. It jumped 16% last week week. Japanese electronics firm Ibiden surged over 20% last week, and analysts give it 23% upside on average. More than 90% of analysts covering the stock give it a buy rating. Last week, the firm increased its earnings-per-share guidance for the current fiscal year, from 301 Japanese yen to 344 yen, according to FactSet. Shares of U.S.

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