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Can These Red Hot AI Stocks Sustain Momentum? [Yahoo! Finance]
Last intel corporation earnings: 4/23 04:07 pm
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US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
The earnings cycle has been dominated by finance so far, with big banks as the main highlight. Among those on the docket this week are a few companies with exposure to artificial intelligence (AI), including Vertiv VRT and Intel INTC. Both Vertiv and Intel have been red-hot YTD, outperforming the S&P 500 by wide margins. Zacks Investment Research Image Source: Zacks Investment Research Vertiv Guidance Remains Key Vertiv has been a massive winner over the past few years amid the data center buildout, providing a portfolio of power, cooling, and IT infrastructure solutions and services. Sales growth has been robust, with the company posting at least 20% YoY sales growth rates in each of its last five periods. Zacks Investment Research Image Source: Zacks Investment Research The growth trajectory is forecasted to continue throughout the soon-to-be-reported period, with current Zacks Consensus Estimates suggesting 30% YoY sales growth on 60% higher earnings. Both EPS and s
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