From Nasdaq
January 16, 2025 2:00:00 pm:

The U.S. stock market experienced a rally in the past two years but faced volatility in mid-December, leading to fluctuating markets in 2024-25. Amazon, Marvel, Travelers Companies, and United Airlines saw YOY share increases between 22% and 169%, with strong buy rankings and double-digit price upside predicted in the short term.

Five U.S. stocks with a market cap of over $35 billion and positive EPS estimates have been identified for investment. These stocks, including Amazon, Coinbase, Marvell, Travelers Companies, and United Airlines, have favorable Zacks Rank, positive earnings estimate revisions, and potential for double-digit price upside in the near future.

Amazon’s sales are projected to rise by 10.7% in 2024, driven by Prime and AWS momentum. The company’s expanding services, global presence, and focus on generative AI contribute to its positive outlook. Average short-term price target indicates a 14.6% increase.

Coinbase Global offers financial infrastructure for the crypto economy and has user-friendly platforms for consumers and institutions. The company’s strong financial metrics, including ROE and net margin, position it for growth. Average short-term price target suggests a 15.5% increase.

Marvell Technology benefits from a strong demand environment in data center markets and solid-state drive controllers. The company’s growth prospects are supported by positive earnings estimate revisions. On average, brokerage firms anticipate a 10% increase in the short-term price target.

The Travelers Companies excels in auto, homeowners’, and commercial insurance markets with a focus on growth and market stability. The company’s optimistic outlook is supported by strong earnings estimate revisions and an average short-term price target representing a 13.2% increase.

United Airlines Holdings benefits from rising passenger volumes and cost-saving initiatives like a share buyback plan. The company’s positive earnings estimate revisions and average short-term price target indicating a 16.6% increase position it for growth in the current year.

Read more at Nasdaq: 5 U.S. Giants to Buy With Robust EPS Estimate Revision in Last 30 Days