Investors are increasingly focusing on key traits that drive stock outperformance, such as robust sales growth, margin expansion, innovation, and favorable earnings estimates. Companies like Nvidia (NVDA) have shown significant sales growth, particularly within its Data Center segment, while Netflix (NFLX) has successfully increased profit margins through its pricing power without losing subscribers. In August of the previous year, Micron Technology (MU) achieved a Zacks Rank of #1 (Strong Buy), reflecting positive earnings estimate revisions.
As of now, major tech companies including Microsoft, Google, and Amazon are rapidly adopting quantum computing technology, positioning it as the next significant leap in computing power. Senior Stock Strategist Kevin Cook highlights seven companies projected to lead in this emerging field.
