All articles tagged with #earnings preview
Quantum computing stocks are highly volatile as they approach third-quarter earnings, with IonQ, D-Wave, Rigetti, and Quantum Computing expected to show mixed financial results, primarily focusing on revenue growth and smaller losses. Despite recent gains, these stocks remain unpredictable amid industry competition and technological uncertainties.
UnitedHealth has experienced a 40% decline this year but is now considered oversold and undervalued, with a potential 44% upside based on conservative growth assumptions. The return of former CEO Stephen Hemsley and positive management signals suggest an improving outlook, especially with the upcoming Q2 earnings report acting as a key catalyst for a possible stock reversal.
CarMax, the largest used car retailer in the US, is set to release its second-quarter results, with analysts projecting a decline in net income and revenues. The company has been facing challenges such as high SG&A spending and declining average selling prices. However, CarMax's scale of operations and omnichannel strategy position it well for long-term growth. The market will closely watch the earnings report for insights into the company's future performance. Despite recent stock price declines, CarMax's market share expansion potential is seen as positive for long-term investors.
Nvidia's stock has surged almost 300% from its October lows, with a 117% increase year-to-date. As earnings approach, investors are wondering if it's time for a pullback. This article provides Nvidia stock analysis, valuation metrics, technical analysis, an earnings preview, and the author's thoughts. The author also shares what they are doing with NVDA stock in their million-dollar growth portfolio.
Advanced Micro Devices is expected to report a decline in revenue for its fiscal first-quarter, with analysts predicting $5.3 billion compared to $5.89 billion the previous year. The chip maker is also expected to post a loss. The earnings report will be released after the market closes on Tuesday.