Positive.

From Nasdaq: 2025-01-14 11:53:00

The fourth-quarter 2024 earnings season is set to begin, with the banking sector ready to report numbers. Expectations are positive, with continued resilience and an improving outlook. Some standout stocks to watch include Vertiv Holdings Co (VRT), The Goldman Sachs Group (GS), ResMed (RMD), Ralph Lauren Corp. (RL), and Amazon.com (AMZN) for potential surprises in their upcoming releases.

The latest Earnings Trends report predicts a 7.4% increase in total S&P 500 earnings and a 4.8% rise in revenues from the previous year. The Technology sector leads in earnings growth at 14.9%, followed by Finance, Medical, Consumer Discretionary, Retail, and Business Services. The Technology sector is expected to post its sixth consecutive quarter of double-digit earnings growth.

When choosing stocks, focus on companies with positive Earnings ESP and a favorable Zacks Rank (1, 2, or 3). Vertiv Holdings, Goldman Sachs, ResMed, Ralph Lauren, and Amazon are key players with potential for strong performance. The right stock picks could lead to significant gains for investors based on historical data.

Vertiv Holdings specializes in digital infrastructure solutions, benefiting from AI-driven data center demand. Analysts are bullish on its growth potential, expecting a 15.2% revenue increase in the upcoming quarter. With an ABR of 1.25 and positive earnings estimate revisions, Vertiv Holdings is poised for a strong performance in the earnings season.

Goldman Sachs, a global financial services firm, has seen a 6% stock increase fueled by robust institutional client activity. Lower interest rates have boosted margins. Analysts are optimistic about its growth, with an ABR of 1.91 and an expected earnings growth of 45.8% for the upcoming quarter. Goldman Sachs has a history of beating estimates.

ResMed, a leader in sleep-disordered breathing treatment, is thriving with strong mask sales and international expansion. The company’s ABR of 2.33 reflects moderate analyst optimism. Positive earnings estimate revisions and expected revenue growth highlight ResMed’s potential for a successful quarter. Earnings are scheduled for Jan. 30.

Ralph Lauren, a premium lifestyle product company, is set for growth with a strategic plan focused on global brand expansion. The company’s ABR of 1.69 indicates positive analyst sentiment. With an expected earnings growth rate of 7.4% and revenue growth of 4.37%, Ralph Lauren is positioned for success in the upcoming quarter. Earnings will be reported on Feb. 13.

Amazon, a leading e-commerce provider, thrives on cloud computing and AI businesses. The company’s AI initiatives position it for significant growth. With an ABR of 1.10 and strong analyst recommendations, Amazon is expected to deliver double-digit revenue growth in the upcoming quarter. Earnings are scheduled for Feb. 6.



Read more at Nasdaq: 5 Sectors and Stocks Set to Shine This Earnings Season