Positive.
From NASDAQ: 2025-01-09 02:15:00
Zacks Director of Research Sheraz Mian notes positive earnings and revenue revisions, with total S&P 500 earnings expected to be up +7.4% in Q4 2024. The Tech sector has been a growth driver, with Q4 earnings expected to rise +14.9%. Overall, double-digit earnings growth is forecasted for 2025, with nine sectors seeing significant growth.
The Tech sector is expected to lead with +16.9% earnings growth in 2025, driving overall S&P 500 growth. Zacks’ top stock-picking strategies have shown impressive gains over the years, with opportunities for significant returns. A company targeting millennial and Gen Z audiences is highlighted as a potential high-growth pick.
Zacks experts have selected a top stock with the potential to double in value, targeting millennial and Gen Z markets. This company generated nearly $1 billion in revenue last quarter. The Tech sector continues to show strong growth potential, offering investment opportunities for those looking to capitalize on market trends.
Read more at NASDAQ: Zacks Earnings Trends Highlights: Nvidia and Meta