3 Top-Ranked Large Caps to Buy for Growth

From Nasdaq: 2024-05-22 19:14:00

Large-cap stocks are popular among investors for their stability and track record. Some, like Alphabet, Progressive, and Arista Networks, offer favorable growth prospects. Arista Networks, for example, has a Zacks Rank #1 and consistently exceeds earnings estimates by 15%. Progressive is also rated #1 with an expected 90% earnings growth this fiscal year.

Alphabet, part of the ‘Mag 7’ group, has seen a 26% gain this year and outperformed the S&P 500. With a Zacks Rank #1, it has exceeded earnings expectations by 11% in recent quarters. The company posted 61% EPS growth and a 15% sales increase in their latest quarterly report, showing strong performance.

For those seeking large-cap exposure, stocks like Alphabet, Progressive, and Arista Networks could be good choices, given their improved earnings outlooks. Zacks Investment Research has identified 5 dividend stocks to consider for retirement, offering insights and unconventional wisdom for a diverse portfolio. Download the report for free for more information.



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