RBC Capital: 5 Tech Stocks to Buy Before Earnings
Earnings season is here, and the technology sector is entering the spotlight. Tech stocks will be reporting over the next few weeks, and based on some omens from the first few results, it could be ugly. For instance, Nvidia (NVDA) has thrown up yet another profit warning, citing weakening conditions in China, among other things. And Apple (AAPL) just reported its first decline in both sales and profits for a holiday quarter in the iPhone era.
Every company has the potential to deliver a surprise announcement that catches the market off-guard. The key is identifying the ones likeliest to please Wall Street. So, which tech stocks are primed to outperform this quarter?
RBC Capital's Mark Mahaney () is a Top 30 analyst among the 5,000-plus analysts ranked by TipRanks. He has an impressive 65% success rate and 21.3% average return. And he has released a report setting out his
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