As Wall Street gears up for another earnings season, analysts see some stocks better positioned than others for gains. The S & P 500 jumped a hair more than 7% in the first quarter of 2023, marking its second positive quarter in a row. A tech-stock rally helped fuel the broad market's rise, even overshadowing a regional banking crisis caused by the failure of Silicon Valley and Signature banks.
mountain Shares of Booking Holdings Another stock expected to outperform during earnings season is Paccar . The truck manufacturer's shares have surged more than 26% over the past 12 months , and analysts polled by Refiniv estimate the shares will gain another 9% over the next year. Per-share earnings estimates have increased 42% over the past six months. The Peterbilt and Kenworth truck maker has also seen its price target rise nearly 11% over the last three months.
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