Top Wall Street analysts are feeling confident about these 3 stocks after earnings

As investors grapple with macro uncertainty and a cloudy path on the Federal Reserve's rate cuts, they will need to adopt a long-term mindset to pick the best names for their portfolios.

"We believe a premium valuation is warranted, and given the improving fundamental story, we think DPZ offers a favorable risk/reward," she said. The analyst thinks that the company's strategic initiatives will enhance same-store sales growth and drive meaningful restaurant margin expansion in the near and long term.

Investors reacted positively to the results and the company's announcement of an expanded buyback program. Apple's board authorized an additional $100 billion worth of share repurchases.reaffirmed a buy rating on the stock with a price target of $200. The analyst noted that the company exceeded his estimates for revenue, earnings per share and gross margin.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Top Wall Street analysts favor these 3 stocks for their growth potentialTipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Netflix and General Motors.
Source: CNBC - 🏆 12. / 72 Read more »

Top Wall Street analysts suggest these dividend stocks for income investorsTipRanks’ analyst ranking service highlights Wall Street’s best-performing stocks, including Coca-Cola and Energy Transfer
Source: NBCLA - 🏆 319. / 59 Read more »

Rockford named nation's top housing market by Wall Street JournalSeen as an abrupt and momentous turnaround from conditions just a decade ago, the Wall Street Journal has named Rockford, Ill. as the nation's top housing…
Source: nbcchicago - 🏆 545. / 51 Read more »

Top Wall Street analysts pick these 3 dividend stocks for higher returnsTipRanks’ analyst ranking service highlights Wall Street’s best-performing stocks, including Cisco Systems and Goldman Sachs.
Source: NBCDFW - 🏆 288. / 63 Read more »