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Stock impact report

Will 2024 Be a Year of 'Electric Eleven'? Tech ETFs to Gain [Yahoo! Finance]

Evercore Inc. Class A (EVR) 
Last evercore inc. class a earnings: 4/22 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
And then Wall Street analysts started doubting the strength of the tech sector, quickly focusing on the term "Fantastic Four" to eliminate several of the biggest laggards in 2024. Now, Wall Street analysts are redefining the tech sector with the emergence of the "Electric Eleven," a group of companies poised for growth and innovation. Evercore ISI has coined the latest term, as indicated in a Yahoo Finance article. Composition of the Electric Eleven Comprising stalwarts like Airbnb ABNB, Alphabet (GOOG, GOOGL), Amazon AMZN, Booking Holdings BKNG, DoorDash DASH, Meta Platforms META, Netflix NFLX, Shopify SHOP, Spotify SPOT, The Trade Desk TTD and Uber UBER, the Electric Eleven represents a strategic selection of companies primed for double-digit revenue growth and margin expansion. For example, Netflix enacted new price increases on very large user bases, which in turn would boost growth rates. The analyst also expects most of these stocks to produce 20%+ earnings growth, which Show less Read more
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