Nasdaq, Inc.: Why HubSpot (HUBS) Outpaced the Stock Market Today

From Nasdaq, Inc.:



HubSpot (HUBS) has seen a increase in its shares, exceeding gains in the Computer and Technology sector and the S&P 500. The company is expected to report a 37.84% rise in EPS and an 18.69% increase in net sales. Analysts are optimistic about the company’s business health and profitability. The company currently has a Zacks Rank of #3 (Hold). Its Forward P/E ratio of 102 indicates a premium compared to the industry average. Additionally, its PEG ratio is higher than the industry average. The Internet – Software industry, to which HubSpot belongs, is ranked in the top 13% of all industries. Zacks is promoting its top 10 stock picks for 2024, claiming history suggests their performance could be sensational. They are combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2024. The article refrains from making concrete recommendations, stating that the views and opinions expressed are those of the author.



Original: Why HubSpot (HUBS) Outpaced the Stock Market Today