Goldman says these top tech stocks have plenty of upside ahead of earnings
Source: CNBC ·
Goldman Sachs said this week there are plenty of top tech companies to buy heading into their quarterly results.
From the source
There are plenty of tech stocks to buy heading into their quarterly reports, according to analysts at Goldman Sachs. The investment bank sees companies including Microsoft offering more room to run. Other buy-rated stocks that Goldman Sachs recommends and that were screened by CNBC Pro include: Alphabet, Zeta Global, Palantir and CoreWeave. Microsoft There's alot to like about Microsoft, analyst Gabriela Borges, said ahead of the XBox maker's earnings on October 28. "We believe discovery value now shifts to the breadth and depth of Microsoft's AI platform; and unit economics and [return on invested capital] in Azure," she said. Goldman likes Microsoft's capex "flexibility" amid robust consumer demand for AI products and services. "We think Microsoft is the best positioned name in our Software coverage (also on ]Conviction List]) to benefit from compounding AI product cycles," she added. Shares are up more than 8% this year, lagging the more than 11% gain in the S & P 500. Zeta Global…