There are a slew of top stocks to buy this earnings season, analysts say. Of the 245 companies in the S & P 500 that have reported earnings to date, 77.6% reported above analyst expectations, according to LSEG as of Friday.
Pro combed through the latest Wall Street research to find the most well-positioned stocks heading into earnings. They include Utz, Rivian , Roku and VF Corp. Roku Shares of the streaming media company are down 17% over the last three months, but don't be fooled, Evercore ISI analyst Shweta Khajuria, said earlier this week. The firm added a tactical outperform rating to the name, saying Roku shares are too attractive to ignore. Roku reports earnings on Nov.
underperforming despite 2023 estimates ticking up. … We are looking at potential Revenue growth acceleration and meaningful margin expansion in 2024. … Q3 Expectations—we expect a Beat … Based on our Ad checks, we are cautiously optimistic." Utz - Stephens, overweight rating "The vast majority of snacking categories continue to perform better than the total store and we believe these categories will show resiliency across various economic backdrops.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MarketWatch - 🏆 3. / 97 Read more »