7 Top Tech Stocks That Could Catch Fire Soon
The stock market is rolling into an important second-quarter earnings season. The market is volatile and hasn't gained nearly as much ground in 2018 as the optimism heading into the year would have indicated. But Q2 earnings - especially those coming from a number of highly rated tech stocks - might be able to help the market turn the tide.
Top Canaccord Genuity analyst Tony Dwyer is feeling very confident, for instance, even in the face of trade war fears. He recently told CNBC, "The market moves with the direction of earnings ... as long as the economy is positive, that direction of earnings is going up." He added that S&P 500 operating profits likely grew 24% year-over-year in the second quarter.
With this bullish analysis in mind, and technology companies' earnings on tap soon, we decided to drill down into seven of the hottest tech stocks poised to soar this earnings season. We used TipRanks' powerful market data to pinpoint stocks with big support from top-rated analysts.
Here's a closer and how much upside the "smart money" is projecting.
