Nasdaq MSFT MicroSoft

Despite some signs of slowdown in the economy, the biggest stories in the market still revolve around big tech earnings and artificial intelligence. Big 7 stocks stretch across technology, communications, and consumer discretionary: Microsoft [MSFT], Apple [AAPL], and Nvidia [NVDA] in technology; Meta Platforms [META] and Alphabet [GOOG] in communications; and Amazon [AMZN] and Tesla [...] Read more at ETFTrends.com.

One of the biggest tech providers globally, Microsoft Corporation MSFT, recently posted blockbuster earnings results.

Which stocks are best to buy now? According to Top Wall Street Analysts, the three stocks listed below are Strong Buys. Each stock received a new Buy rating recently and has a significant upside as well. To find more stocks like these, take a look at TipRanks’  Analyst Top Stocks tool. It shows you a real-time list of all stocks that have been recently rated by Top-ranking Analysts. Here are today’s top stock picks, according to analysts. Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio. Canadian Pacific ( NYSE:CP)  – Canadian Pacific is a major Canadian transcontinental railway and transportation company known for its rail and intermodal transportation services. Today,  Wells Fargo analyst Allison Poliniak reiterated a Buy rating on the stock with a price target of $90. In the last three months, 11 out of the 13 Top Analysts covering the stock rated it a Buy. Collectively, their 12-month price targets imply an upside of over 24%. Microsoft ( NASDAQ:MSFT)  – Microsoft is a multinational technology company known for its software products, including the Windows operating system and its Microsoft Azure cloud computing services. Following the release of MSFT’s impressive Q1 results yesterday,  D.A. Davidson analyst Gil Luria and 12 other Top Analysts reaffirmed a Buy rating on the stock. In the last three months, 24 out of the 25 Top Analysts rated the stock a Buy. Collectively, their 12-month price targets imply an upside of nearly 20%. Dollar Tree ( NASDAQ:DLTR)  – Dollar Tree is a U.S.-based discount store chain that offers several products for one dollar or less. Yesterday,  Truist Financial analyst Scot Ciccarelli reiterated a Buy rating on the stock with a price target of $129. Interestingly, 10 out of the 11 Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 42%. Who are the Top Analysts? TipRanks ranks financial analysts according to the success rates of their ratings and the average return on each of their ratings. See real-time analyst rankings and learn more about the performance of Top Analysts on TipRanks’  Top Wall Street Analysts page. Disclosure

Below is Validea's guru fundamental report for MICROSOFT CORP (MSFT). Of the 22 guru strategies we follow, MSFT rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental moment

Intel (NASDAQ: INTC) is in the midst of a massive turnaround plan -- one that includes catching up to rivals in CPU technology, inventing new AI-related platforms via its Gaudi accelerators, and building out a massive foundry for third-party chip manufacturing.

Futures tracking Wall Street's main stock indexes fell on Thursday, as megacap stocks eased due to elevated Treasury yields, while investors took stock of recent Big Tech earnings and awaited more economic data.

Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the iShares Russell 1000 Growth ETF (IWF) is a passively managed exchange traded fund launched on 05/22/2000.

Launched on 12/13/2016, the Nuveen ESG Large-Cap Growth ETF (NULG) is a smart beta exchange traded fund offering broad exposure to the Style Box - Large Cap Growth category of the market.

If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the SPDR Portfolio S&P 500 Growth ETF (SPYG), a passively managed exchange traded fund launched on 09/25/2000

Launched on 05/22/2013, the WisdomTree U.S. Quality Dividend Growth ETF (DGRW) is a smart beta exchange traded fund offering broad exposure to the Style Box - Large Cap Value category of the market.

If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the Invesco QQQ (QQQ), a passively managed exchange traded fund launched on 03/10/1999.

Earnings season is right around the corner, which usually causes a lot of fluctuation in the stock market. As a result, many investors are probably wondering what stocks are safe bets and likely to rise after posting earnings.

Nasdaq futures fell over 1% on Thursday as megacap shares remained under pressure with investors taking stock of recent Big Tech earnings and elevated Treasury yields, while keeping an eye out for economic data and the ongoing Middle East conflict.

For Immediate ReleaseChicago, IL – October 26, 2023 – Zacks Director of Research Sheraz Mian says, "Looking at Q3 as a whole, total S&P 500 earnings are currently expected to be down -0.3% from the same period last year on +1.

Amazon (NASDAQ: AMZN) is scheduled to report its fiscal Q3 2023 results on Thursday, October 26, 2023. We expect Amazon to beat the consensus estimates of earnings and revenues. The company surpassed the street expectations in the last quarter, with net revenues increasing

Fintel reports that on October 25, 2023, RBC Capital reiterated coverage of Microsoft (NASDAQ:MSFT) with a Outperform recommendation. Analyst Price Forecast Suggests 17.11% Upside

China has stepped up spending to replace Western-made technology with domestic alternatives as Washington tightens curbs on high-tech exports to its rival, according to government tenders, research documents and four people familiar with the matter.

Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>

Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>

Tuesday saw Microsoft ( NASDAQ:MSFT) putting any doubts about Cloud growth to rest with a strong fiscal first-quarter (September quarter) report that exceeded all expectations. Specifically, the tech giant delivered revenues of $56.5 billion, amounting to a 12.8% year-over-year increase while coming in ahead of the Street’s call by $1.95 billion. At the other end of the spectrum, EPS of $2.99 comfortably beat the Street’s $2.65 estimate. Productivity and Business Processes revenue reached $18.59 billion, thereby easily trumping both the consensus estimate of $18.19 billion and Microsoft’s guided range of $18 billion to $18.30 billion. Importantly, the Intelligent Cloud segment delivered revenue of $24.26 billion, a 19% year-over-year uptick and outpacing the $23.49 billion the analysts were looking for. Tucked inside that segment, Azure revenue climbed by 29%, above the 26% expected on Wall Street. In constant currency (cc), that amounted to a 28% jump, representing an acceleration on the 27% notched in the prior quarter and ahead of the Street’s forecast of 25-26% growth. Looking ahead, Microsoft expects fiscal second-quarter revenue to hit the range between $60.4 billion to $61.4 billion, in line with analyst expectations. Investors reacted favorably to the report, driving shares up by 3% during Wednesday's trading session. Evercore's Kirk Materne attributes this response to the accelerated growth of Azure, and he anticipates that this growth trend will persist. “While the focus now shifts to the drivers behind these results, including whether or not we are past the Azure ‘bottom’ or whether there were one-time items that resulted in the beat, we believe that the narrative gets even stronger into the rest of FY24 as some optical headwinds reverse and comps soften, and Microsoft’s position in the enterprise market continues to get stronger as customers look to consolidate spending,” the 5-star analyst wrote. “As we look out into CY24, we believe that AI will be a tailwind as Microsoft starts implementing its M365 Copilot monetization strategy, as will continued traction in Azure and the integration of ATVI into Microsoft’s gaming business.” All told, Materne rates MSFT shares an Outperform (i.e., Buy) along with a $400 price target, indicating shares will post growth of 17% over the coming year. (To watch Materne’s track record, click here) Materne is certainly no outlier here. 31 other analysts join him in the bull camp, while the addition of 4 Holds can’t detract from a Strong Buy consensus rating. The $401.33 average target is almost in line with Materne’s objective and set to generate one-year returns of ~18%. (See Microsoft stock forecast ) To find good ideas for stocks trading at attractive valuations, visit TipRanks’  Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.