Stocks that often exceed earnings estimates and rally are set to report next week

Are you ready for the upcoming earnings season? Some stocks reporting quarterly results next week could be set for a significant move based on their history. At Extreme Investor Network, we believe in analyzing data to uncover potential opportunities in the market. As companies continue to surpass earnings expectations, it’s essential to stay informed and be prepared for potential market moves.

One stock to watch is RingCentral, a cloud communications company that has historically surpassed earnings expectations 98% of the time. With shares ticking down in 2024, there could be a potential upside following their first-quarter results on May 7. Analysts are optimistic about RingCentral, with average price targets implying nearly 29% upside.

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Another intriguing pick is Dine Brands, the parent company of IHOP and Applebee’s. With a history of beating earnings estimates 81% of the time, Dine Brands could see a 2.1% rise following their first-quarter earnings on May 8. Analysts have a positive outlook on Dine Brands, with average price targets suggesting more than 34% upside.

Datadog is a cloud security company with a track record of surpassing analysts’ estimates for quarterly results. With shares climbing in 2024, Datadog could see further gains following their upcoming earnings report. Analysts are bullish on Datadog, with average price targets calling for about 17% upside.

At Extreme Investor Network, we provide unique insights and analysis to help you navigate the ever-changing investing landscape. Stay tuned for more updates on potential market movers and investment opportunities. Make sure to check out our exclusive content for a competitive edge in the investing world.

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