Published on 29 Apr 2024 on Insider Monkey via Yahoo Finance

10 Most Promising Stocks to Buy Before They Take Off

In this article, we discuss the 10 most promising stocks to buy before they take off. To skip the detailed analysis of the current earnings week, go directly to the 5 Most Promising Stocks to Buy Before They Take Off.

Meta Grows Revenue by 27% in Q1, Provides Weak Outlook for FY '24

The market started the week on a positive note, showing an upward trajectory on April 22 and 23. However, there was a slight temporary dip in the market, especially for tech stocks after Meta Platforms, Inc. (NASDAQ:META) provided a disappointing outlook despite better-than-expected earnings. On April 24, the company reported Q1 2024 GAAP EPS of $4.71, ahead of consensus estimates by $0.39, and the revenue of $36.46 billion was up over 27% year-over-year and outperformed the forecasts by $240 million.