A Donald Trump rally in the stock market is becoming evident, with a number of top companies tied to the likes of Elon Musk (and other CEOs who have supported Trump, or in sectors the re-elected president is likely to support) surging over the course of the past week.
The Gap modestly grew sales but it boosted its profits by consequential amounts. The stock was cheaply valued and its profit surge should continue at least for the near term.
Lyft inks a series of deals to gain a foothold in the AV market.
Paymentus (PAY) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Laureate Education (LAUR) could produce exceptional returns because of its solid growth attributes.
PDD Holdings Inc. Sponsored ADR (PDD) possesses solid growth attributes, which could help it handily outperform the market.
Arista Networks (ANET) is well positioned to outperform the market, as it exhibits above-average growth in financials.
AvePoint, Inc. (AVPT) is growing at a torrid pace and attracting Big Money investors.
Several analysts expressed views on Ross Stores, Inc. ROST third-quarter results reported on Thursday.
The Gap, Inc. GAP reported better-than-expected earnings for its second quarter and raised its outlook for FY24 gross margin.