Stocks

Two Promising Computer and Technology Stocks That May Outperform Earnings Estimates

Published July 13, 2024

Investors are constantly on the lookout for stocks that are poised to deliver better-than-expected earnings results. One key tool that can help identify such stocks is the Zacks Earnings ESP (Expected Surprise Prediction), which is a sophisticated predictive model that can aid in uncovering these potentially outperforming stocks. Within the realm of Computer and Technology, two stocks, namely NVT and WWD, are garnering attention due to their strong potential to beat earnings estimates this quarter.

nVent Electric plc - NVT

nVent Electric plc NVC, with its impressive operations ranging across various global regions, stands as a powerful entity in the design, manufacturing, and servicing of electrical connection and protection products. With a strategic headquarters in London, United Kingdom, NVT has established a diversified geographical presence including key markets such as the United States, Canada, Europe, China, Latin America, the Middle East, Southeast Asia, Australia, and Japan. Investors are keeping a close eye on NVT as it has shown a consistent pattern in its innovation and market adaptability which could translate into a positive earnings surprise in the upcoming results.

Woodward, Inc. - WWD

Similarly, Woodward, Inc. WWD has carved its niche in the aerospace and industrial sectors, providing expert control solutions on a globally integrated platform. The company's Fort Collins, Colorado headquarters is the hub of its pioneering technology and services. As WWD continues to fine-tune its offerings in line with the ever-evolving demands of the aerospace and industrial markets, it may hold the potential to exceed earnings expectations and reward investors who have placed their trust in its growth trajectory.

Identifying such potential stocks is not just about looking at historical data, but also about understanding the shifting dynamics within their operation landscapes and their potential impact on future performance. Both NVT and WWD represent promising opportunities for savvy investors who rely on tools like Zacks Earnings ESP for making informed decisions. As the earnings season approaches, keeping an informed eye on these two may prove to be a prudent strategy.

Investing, Earnings, Technology