2024 started with a bang, initially leaving behind the worries of inflation and a high-interest environment. The first quarter was excellent with Nasdaq hitting new highs and several stocks soaring beyond the 52-week highs. However, the second quarter has started on a muted note with a higher-than-expected inflation report and a subsequent delay in rate cuts. But the ongoing earnings season could bring about a much-needed rally in the stock market. This means now is the time to watch out for the stocks with earnings potential.
Investors are eagerly watching out for earnings and some companies have the potential to impact the entire market after their results. Buying such stocks well in time can help make the most of the post-results upside. The stocks listed here have the potential to rally after reporting impressive quarterly earnings numbers.
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