A list of five stocks is making headlines this weekend due to their potential for growth in a market fueled by the recent Trump rally. Broadcom (AVGO), Goldman Sachs (GS), and ServiceNow (NOW) have all etched out flat bases, signaling resilience in a choppy market.
Broadcom has seen explosive gains from its AI-driven revenue outlook, with $60 billion to $90 billion predicted for 2027. SwingTrader has opened positions on AVGO as it reclaimed its 21-day exponential average and broke a short-term downtrend, offering an early entry point.
Goldman Sachs gapped past its 50-day moving average, posting Q4 earnings that saw a 118% year-over-year gain and beating estimates. Morgan Stanley has hiked its price target to 782 from 736, citing high conviction in a multiyear capital markets cycle.
ServiceNow’s cloud-based software platform automates IT processes, integrating with other enterprise-software platforms for informed decision-making. Analysts have raised their price targets, predicting strong growth due to the company’s AI product cycle.
ExlService Holdings is capitalizing on its industry-specific knowledge to deliver tailored solutions with AI-driven analytics. The company has seen a significant increase in deals over $25 million and expects further growth in gross margins.
Energy Transfer operates over 130,000 miles of pipeline infrastructure, transporting crude oil, natural gas, and handling fractionation of natural gas liquids. The company plans to report on Feb. 11 and has been upgraded by Bank of America from a neutral to a buy rating.
These stocks are among the top holdings in SwingTrader’s portfolio and have significant upside potential as they ride the wave of the Trump rally.
Source: https://www.investors.com/news/broadcom-goldman-sachs-avgo-stock-buy-areas-flat-base