Earnings Thunderdome: 3 Stocks Set to Crush Wall Street’s Weak Targets

InvestorPlace04-19

Source: iQoncept / Shutterstock Sometimes the Street focuses far too much on the trees and far too little on the forest. For example, in 2022, investors and analysts fixated on Netflix’s (NASDAQ:...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2428869637?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-19 19:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2428869637","market":"us","top_or_hot":-1,"title":"Earnings Thunderdome: 3 Stocks Set to Crush Wall Street’s Weak Targets","media":"InvestorPlace","content":"<div>\n<p>Source: iQoncept / Shutterstock\n\n\n\nSometimes the Street focuses far too much on the trees and far too little on the forest. \nFor example, in 2022, investors and analysts fixated on Netflix’s (NASDAQ:...</p>\n\n<a href=\"https://investorplace.com/2024/04/earnings-thunderdome-3-stocks-set-to-crush-wall-streets-weak-targets/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Earnings Thunderdome: 3 Stocks Set to Crush Wall Street’s Weak Targets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEarnings Thunderdome: 3 Stocks Set to Crush Wall Street’s Weak Targets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-19 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/04/earnings-thunderdome-3-stocks-set-to-crush-wall-streets-weak-targets/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Source: iQoncept / Shutterstock\n\n\n\nSometimes the Street focuses far too much on the trees and far too little on the forest. \nFor example, in 2022, investors and analysts fixated on Netflix’s (NASDAQ:...</p>\n\n<a href=\"https://investorplace.com/2024/04/earnings-thunderdome-3-stocks-set-to-crush-wall-streets-weak-targets/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4524","symbol_name":"宅经济概念","start_time":0,"source_url":"https://investorplace.com/2024/04/earnings-thunderdome-3-stocks-set-to-crush-wall-streets-weak-targets/","article_id":"2428869637","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2428869637","pubTimestamp":1713524400,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"Sometimes the Street focuses far too much on the trees and far too little on the forest.For example, in 2022, investors and analysts fixated on Netflix’s  membership loss. They ignored the company’s dominance of the streaming space. Additionally, they overlooked its ability to increase its profits going forward by introducing ads. As a result, NFLX’s bottom line last year beat many analysts’ initial average 2023 expectations by a wide margin.Similarly, in 2019, the Street viewed General Electric only through the lens of its sizable debt load. Consequently, it failed to realize that the firm had multiple, valuable, growing businesses. The GE stock was dramatically undervalued, and the debt load was high but not overwhelming. As a result, analysts were far too pessimistic about the company and its long-term earnings outlook.Now, let’s discuss three other stocks that may indeed crush earnings estimates.Therefore, it may soon become clear that the Street’s aver","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4524":"宅经济概念","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1046421795.USD":"富达环球科技A-ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4538":"云计算","BK4527":"明星科技股","LU1548497426.USD":"安联环球人工智能AT Acc","BK4579":"人工智能","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","BK4588":"碎股","BK4503":"景林资产持仓","BK4134":"信息科技咨询与其它服务","LU1585245621.USD":"EASTSPRING INV GLOBAL LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC B","NFLX":"奈飞","BK4547":"WSB热门概念","BK4097":"系统软件","BK4510":"在线教育","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4581":"高盛持仓","BK4096":"电气部件与设备","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4548":"巴美列捷福持仓","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1430594728.SGD":"Eastspring Investments - Global Low Volatility Equity AS SGD","BK4591":"室温超导概念","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","BK4532":"文艺复兴科技持仓","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","BK4204":"教育服务","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","BK4531":"中概回港概念","BK4108":"电影和娱乐","AMSC":"美国超导","GOTU":"高途","BK4585":"ETF&股票定投概念","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","IBM":"IBM","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4506":"内地教育股","BB":"黑莓","BK4575":"芯片概念","BK4587":"ChatGPT概念"},"translate_title":"盈利雷霆穹顶：3只股票将粉碎华尔街疲软的目标","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BB":1,"AMSC":1,"NFLX":1,"IBM":1,"GOTU":0.61},"content_text":"Source: iQoncept / Shutterstock\n\n\n\nSometimes the Street focuses far too much on the trees and far too little on the forest. \nFor example, in 2022, investors and analysts fixated on Netflix’s (NASDAQ:NFLX) membership loss. They ignored the company’s dominance of the streaming space. Additionally, they overlooked its ability to increase its profits going forward by introducing ads. As a result, NFLX’s bottom line last year beat many analysts’ initial average 2023 expectations by a wide margin.  \nSimilarly, in 2019, the Street viewed General Electric only through the lens of its sizable debt load. Consequently, it failed to realize that the firm had multiple, valuable, growing businesses. The GE stock was dramatically undervalued, and the debt load was high but not overwhelming. As a result, analysts were far too pessimistic about the company and its long-term earnings outlook. \nNow, let’s discuss three other stocks that may indeed crush earnings estimates. \nBlackBerry (BB)\nSource: Poetra.RH / Shutterstock.comBlackBerry’s (NYSE:BB) new CEO John Giamatteo has shown a propensity for providing very conservative guidance. For example, in December, the firm provided Q4 revenue guidance of $150 million to $159 million. Then its Q4 top line wound up coming in at $173 million. \nTherefore, the company’s Q1 guidance for a loss per share, excluding certain items, of 4 cents to 6 cents, versus its Q1 adjusted EPS of 3 cents, will probably wind up being way too low. And since the Street’s average estimate currently calls for a loss per share of 4 cents, I think that BB will be able to blow by that number.  \nAlso, making me optimistic about the company’s ability to beat earnings estimates is the fact that its Internet of Things (IoT) unit is thriving. Specifically, the business’s top line jumped 25% last quarter versus the same period a year earlier to $66 million. And, the “royalty backlog” of the unit’s QNX operating system climbed 27% year-over-year (YOY) to an impressive record of about $815 million. \nAmerican Superconductor (AMSC)\nSource: ESB Professional / Shutterstock.comAmerican Superconductor (NASDAQ:AMSC) is well-positioned to benefit from two important developments this year.\nFirst, its largest wind-energy customer, Inox Wind in February announced that it had  obtained what it said was ” by far the single largest wind project order” for a wind energy company in India’s history. Under the deal, the firm will provide a huge 1.5 gigawatts of wind turbines to a utility in India, CESC. \nSince AMSC provides components for Inox’s 3.3 megawatt turbines, it should benefit meaningfully from Inox’s deal.  \nSecondly, as I pointed out in a previous article, “AMSC has many customers that operate semiconductor plants, and the number of such factories is surging.” Additionally, AMSC’s offerings “regulate the flow of electricity,” while chip companies are utilizing large amounts of electricity to facilitate AI.\nTherefore, it may soon become clear that the Street’s average estimate of 8.5% earnings growth for AMSC in 2025 is far too low. \nIBM (IBM)\nSource: Laborant / Shutterstock.comInvestment bank Evercore recently added IBM to its “Tactical Outperform” list. The tech giant is slated to report its Q1 financial results on April 24. Evercore expects IBM’s Q1 earnings to come in  ahead of Wall Street expectations.\nEvercore anticipates that the company’s consulting business will continue to grow. Also, it predicts that Big Blue will start getting significant benefits from its AI offerings this year. Finally, the bank expects the firm to get a lift from price increases on its software. And, it predicts that IBM will reiterate its guidance for $12 billion of free cash flow this year. \nNotably, Bank of America recently named IBM as one of 32 firms poised to benefit from “breakthroughs.” The bank likely believes that the firm is well-positioned to get a big boost from its AI offering. That technology is already being utilized by many large clients after being unveiled last year. \nOn the date of publication, Larry Ramer held long positions in BB and AMSC. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nLarry Ramer has conducted research and written articles on U.S. stocks for 15 years. He has been employed by The Fly and Israel’s largest business newspaper, Globes. Larry began writing columns for InvestorPlace in 2015. Among his highly successful, contrarian picks have been SMCI, INTC, and MGM. You can reach him on Stocktwits at @larryramer.Artificial Intelligence, Communications, Semiconductor, Software, Technology\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/04/earnings-thunderdome-3-stocks-set-to-crush-wall-streets-weak-targets/.\n©2024 InvestorPlace Media, LLC","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2428869637"}