Amazon is the Bull of the Day with strong performance and earnings growth potential.
From Nasdaq: 2025-01-10 07:27:00
Zacks Equity Research highlights Amazon (AMZN) as the Bull of the Day, with a strong performance and earnings growth potential. Amazon’s revenue has grown significantly, with projected earnings growth of 82% in 2024. The company is investing heavily in AI, aiming to compete with NVIDIA in the AI chip market.
Ero Copper Corp. (ERO) is identified as the Bear of the Day due to a decline in its earnings outlook. The company aims to expand its copper production to meet growing demand. ERO stock has seen a recent downturn, with reduced consensus EPS estimates and a Zacks Rank #5 (Strong Sell).
For investors seeking energy stocks with strong EPS growth potential, TechnipFMC plc (FTI), Coterra Energy (CTRA), and Sunoco LP (SUN) are recommended. These companies have demonstrated impressive earnings growth, positioning them as attractive buys in the volatile energy sector. FTI and SUN have shown strong performance, with CTRA trading at a discount compared to historical valuations.
TechnipFMC has emerged as a standout in the energy sector, with its stock price trending higher and earnings expected to triple in 2024. Coterra Energy, an independent upstream operator, is forecasted to see an 80.1% rise in earnings in 2025. Sunoco LP, focusing on petroleum transportation, is expected to have a 144.9% earnings increase in 2024.
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Read more at Nasdaq: Amazon and Ero Copper have been highlighted as Zacks Bull and Bear of the Day
