A busy week of earnings lies ahead for several Leaderboard stocks, with seven names scheduled to report their financial results. Among them is Shopify, which has surged near its pre-January gap above the 50-day moving average. The company boasts a Composite Rating of 99, driven by consecutive quarters of impressive earnings and revenue growth.
Historically, top-performing stocks often have high Composite Ratings in their early stages. This year’s top performers have shown such ratings, with many outperforming 95% of all stocks. Shopify’s strong earnings and revenue growth are expected to continue this trend.
PayPal is also set to report its earnings, providing insight into the company’s outlook for 2025. Meanwhile, Reddit and Robinhood are gaining attention from investors. Analysts and market experts will closely monitor these companies’ performance, as they have been identified as top funds’ favorites. With inflation data on tap, investors should keep a close eye on these stocks and their potential impact on the overall market.
AppLovin is expected to maintain its momentum in 2025, with many top funds showing enthusiasm for the company. Overall, this week’s earnings reports will provide valuable information about the performance of these Leaderboard stocks and their potential for growth in the coming year.
Source: https://www.investors.com/research/earnings-preview/shopify-stock-reddit-stock-headline-busy-week-tech-earnings