7 Top-Rated Blue-Chip Stocks Wall Street Analysts Are Loving Now

Goldman Sachs (GS)

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Goldman announced earnings per share (EPS) of $5.48, which was better than the $3.62 consensus forecast. Revenue in the October through December quarter totaled $11.32 billion versus $10.80 billion that had been expected.

Home Depot (HD)

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Analysts have been tripping over themselves to upgrade HD stock ever since the retailer posted strong financial results for last year’s third quarter.

AutoZone (AZO)

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At the same time, AutoZone has grown very fast, with revenue rising more than 400% and operating income up more than 800% over the last 25 years.

Microsoft (MSFT)

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Microsoft, on the other hand, has largely benefited due to the hype surrounding AI to this point.

Lululemon (LULU)

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In an early January news release, Lululemon said it now expects Q4 revenue of $3.170 billion to $3.190 billion and a profit of $4.96 to $5 for Q4 2023. Both numbers are above the company’s previous forecast.

Advanced Micro Devices (AMD)

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Stifel’s bullish call on AMD stock at the end of 2023 looks to be accurate. So far, in 2024, the company’s share price has risen 13%, including a 7% gain on Jan. 16.

Broadcom (AVGO)

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Broadcom reported EPS of $11.06 for what was its fiscal fourth quarter, topping the consensus expectation of $10.96. Revenue in the period came in at $9.3 billion, matching analyst expectations.

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