Some stocks have forward earnings momentum that investors don't want to overlook, according to Liberum. Joachim Klement, an analyst at the investment bank, screened for S & P 500 stocks that have gotten earnings upgrades over the last one, three and six months. He noted that companies with this momentum outperformed counterparts by 0.2% over the last month.
mountain Nvidia, year to date It was one of several megacap tech stocks to make the list, with Amazon , Meta and Netflix also passing the screen. This comes as investors have questioned what's next for the names in this group after being credited with largely helping drive the market higher. Outside of tech, General Motors also made the cut. The automotive stock has seen its forward earnings expectations increase more than 35% in the last six months.
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Source: cleantechnica - 🏆 565. / 51 Read more »