NVIDIA, QCOM & 1 Other S&P 500 Stock Show Solid Earnings Growth
From Nasdaq: 2024-11-14 15:05:00
The S&P 500 surged past 6000, driven by optimism post-election and potential tax cuts under Trump. Inflation data hints at more interest rate cuts, boosting the stock market. Investors should focus on S&P 500 stocks with strong earnings growth to capitalize on the bullish trend and market expectations.
NVIDIA, QUALCOMM, and Arista Networks boast impressive earnings growth. Stock price movements often deviate from earnings growth due to market expectations. Earnings estimates help gauge a company’s value, with analysts considering various factors. Investors should target stocks with historical earnings growth and rising estimates for profitable investments.
Screening stocks with strong earnings growth involves using parameters like Zacks Rank, EPS growth, and estimate changes. This narrowed down 7,839 stocks to just 28, including top performers like NVIDIA, QUALCOMM, and Arista Networks. The Research Wizard tool simplifies stock selection based on earnings growth and estimate revisions for optimal investment decisions.
Read more at Nasdaq: NVIDIA, QCOM & 1 Other S&P 500 Stock Show Solid Earnings Growth