Earnings continue to be a significant driver of the impressive price performance we’ve seen thus far this year. A strong earnings beat and raised forward guidance (known as a “beat and raise”) continues to send various companies’ stock prices skyward. For example, Nvidia (NASDAQ:NVDA) stock surged 26% after impressive earnings, while Intel (NASDAQ:INTC) stock plummeted following its largest quarterly loss.
For investors who are managing their own portfolio, staying on top of earnings results of companies whose stocks they own is critically important. Successful investors typically hold stocks of profitable companies that consistently surpass earnings expectations and sustain growth. Here are three stocks you must watch due to their impressive recent performances.
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