From Nasdaq: 2024-04-30 10:52:00

Last week, Microsoft and Alphabet posted positive earnings reports, setting the stage for this week’s big cap companies, including Amazon, Apple, and Berkshire Hathaway. The Magnificent 7 stocks are beating expectations so far, with NVIDIA being the only company yet to report.

Some top performers like Amazon, Advanced Micro Devices, Mastercard, Apple, and Berkshire Hathaway have been consistently beating earnings expectations for the last 5 years. These companies are trading near all-time highs but may face high expectations this quarter.

Zacks experts have identified an American AI company with potential for explosive growth in the coming year, with clients like BMW and GE. This pick has the potential to double or even quadruple, surpassing previous Zacks’ recommendations that saw significant gains in a short period.



Read more at Nasdaq: This Week’s Must-See Big Cap Earnings Charts