Goldman Sachs says these are the best positioned stocks ahead of earnings.
Analysts at Goldman Sachs named a slate of stocks to snap up as earnings season gets underway. There are plenty of buy-rated companies heading into quarterly reports, according to the firm. Those names include LivaNova , Spotify Technology, TKO Group and ServiceNow. Spotify Technology "SPOT is the clear global audio platform leader," wrote analyst Eric Sheridan in his quarterly earnings preview note to clients.
The analyst said LivaNova is "entering a period with clear and more visible baseline growth drivers, augmented by potential revenue and upside." The company should get a boost from "new product cycles and pipeline optionality," Roman added. Meanwhile, LivaNova is expected to report earnings in late October. Shares are up more than 1% in 2024.
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