TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Netflix and General Motors.
Earnings season is giving analysts plenty to chew on as they learn more about the impact of macro challenges on companies.
Explaining his bullish thesis, Pitz said, "$17 billion of content investments for 2024 positions Netflix well for ongoing wallet share gains as linear TV viewership declines." The analyst considers General Motors' progress on electric vehicle profitability to be favorable. It is worth noting that GM continues to expect its EV business' variable profit to be positive in the second half of this year and generate a mid-single-digit earnings before interest and taxes margin in 2025.
Delaney holds the 256th position among more than 8,700 analysts tracked by TipRanks. His ratings have been successful 61% of the time, with each delivering an average return of 17.5%. , which operates and franchises in over 2,200 locations worldwide. Following a recent analysis on the U.S. total addressable market, Baird analystWING sees the potential to scale its presence to more than 7,000 global locations over the long term, including over 4,000 restaurants in the U.S.
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