Zacks highlights top stocks across different sectors expected to perform well in upcoming earnings
From Nasdaq: 2025-01-15 04:01:00
Zacks.com highlights 5 sectors and stocks set to shine in the upcoming earnings season: Vertiv Holdings Co., The Goldman Sachs Group, ResMed, Ralph Lauren Corp., and Amazon.com. The Technology sector leads in expected earnings growth, with the “Magnificent 7” showing strong numbers. Earnings beats are crucial for stock performance, with a focus on positive Earnings ESP and Zacks Rank for best picks.
Vertiv Holdings Co. stands out in the Technology sector, offering digital infrastructure solutions with an Earnings ESP of +1.60% and a Zacks Rank #2. Analysts are bullish on Vertiv’s growth potential, with a high average brokerage recommendation and price target. The company is expected to report strong earnings growth and revenue increase in the upcoming quarter.
The Finance sector sees a positive outlook with The Goldman Sachs Group, boasting an Earnings ESP of +1.98% and a Zacks Rank #2. Strong institutional client activity and margin benefits from lower rates drive the stock’s performance. Positive earnings estimates and revenue growth are expected for the upcoming quarter.
In Healthcare, ResMed holds a strong position with an Earnings ESP of +0.14% and a Zacks Rank #2. The company benefits from growing mask sales and respiratory care products, with analysts optimistic about growth prospects. Positive earnings estimate revisions and revenue growth are anticipated in the upcoming earnings release.
Ralph Lauren Corp. shines in the Consumer Discretionary sector, with an Earnings ESP of +0.30% and a Zacks Rank #2. The company’s strategic initiatives and focus on global brand portfolio drive growth expectations. Positive earnings estimate revisions and revenue growth are forecasted for the upcoming quarter.
Amazon.com leads the Retail sector with an Earnings ESP of +13.45% and a Zacks Rank #1. The company’s focus on cloud computing, AI, and investments in technology drive growth. Positive earnings estimates and revenue growth are expected, with analysts bullish on Amazon’s growth potential.
Read more at Nasdaq: The Zacks Analyst Blog Highlights Vertiv, Goldman Sachs, ResMed, Ralph Lauren and Amazon