From Nasdaq.: 2024-05-10 07:38:00

First-quarter earnings season is wrapping up with better-than-expected results so far, crucial for U.S. economy evaluation. 440 S&P 500 Index companies showed 5% earnings growth. Top picks set to beat earnings include AutoZone Inc., Deere & Co., Applied Materials Inc., Walmart Inc., and The TJX Companies Inc. Revenue growth is anticipated for these companies.

AutoZone Inc. reported record sales for 34 years. It has an Earnings ESP of +0.26% and an expected earnings growth rate of 15.1% for the current year. Deere & Co. is expected to benefit from enhanced pricing strategies and launch of new products. Applied Materials Inc. is seeing strength in its services and IoT businesses. Walmart Inc. benefits from omnichannel initiatives and grocery market share growth. The TJX Companies Inc. sees success in its off-price model, brands and supply chain.BIt mentions Bitcoin profits surge in presidential election years such as 2012, 2016, and 2020. Download a free report on the Bitcoin profit phenomenon.



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