2 Overlooked Stocks Gearing Up to Stage a Post-Earnings Breakout

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S&P 500 News

Paypal Holdings Inc,Spotify Technology SA

Stocks Analysis by Investing.com (Francesco Casarella) covering: S&P 500, PayPal Holdings Inc, Spotify Technology SA. Read Investing.com (Francesco Casarella)'s latest article on Investing.com

PayPal and Spotify, currently trading at potentially undervalued levels, are under scrutiny as they aim to meet high expectations.While healthy earnings growth has fueled the market's rise since October 2022, some stocks have seen valuations soar on less-than-ideal fundamentals. This raises concerns about whether their actual performance can live up to the hype.

But these very companies, one of them now trading at potentially undervalued levels, could surprise investors with better-than-expected results and spark a rally.PayPal, the world's leading digital payments company, enters earnings season under new leadership with a clear vision. Historically, stock prices can fluctuate even after exceeding expectations. It's Spotify's ability to showcase a clear path towards profitability and justify its current valuation that will truly impact the stock price.

 

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