From Nasdaq

July 31, 2024 12:02:00 pm:

This week, hundreds of companies are reporting earnings, including some popular growth stocks with strong track records. Meta Platforms, Inc. (META) has beaten estimates 6 times in a row, with a forward P/E of 23. Crocs, Inc. (CROX) has only missed once in 5 years, with a forward P/E of 10.4. Coinbase Global, Inc. (COIN) has beaten 5 quarters in a row, with a growth stock P/E of 35. Booking Holdings Inc. (BKNG) has only missed twice in 5 years, with a forward P/E of 21. Roku, Inc. (ROKU) has beaten 6 out of 7 quarters, but shares are down 37% this year.
The research chief names a “single best pick to double”, targeting millennial and Gen Z audiences, with nearly $1 billion in revenue last quarter alone. A pullback makes now an ideal time to invest. Some past Zacks picks have surged over 100%, like Nano-X Imaging which increased by +129.6% in little more than 9 months.

Read more at Nasdaq MarketSite: This Week’s 5 Best Growth Stock Earnings Charts