Goldman Sachs is getting bullish on tech ahead of key earnings. The firm named a host of stocks it said investors should buy before quarterly results. CNBC Pro combed through Goldman Sachs research to find the firm’s favorite tech names as earnings season heats up. They include Apple , Fiverr, Microsoft and Broadcom. Microsoft Analyst Kash Rangan expects big results from Microsoft when the company issues its fiscal second-quarter report on Tuesday . The firm said it sees a whole bunch of upside ahead as the company ramps up its artificial intelligence efforts. “Particularly, we point to: Commercial M365’s healthy growth profile excluding Gen-AI, Improving PC outlook and the dwindling impact of the optimization narrative that took hold in CY23,” Rangan said. Microsoft 365 is the company’s portfolio of software products. Further, Azure, Microsoft’s cloud computing platform, has big AI potential, according to Rangan. Azure is on track to be a $200 billion business by 2029, he added. Rangan also sees a “healthier backdrop giving way to broader revenue re-acceleration and earnings revision, which could support Microsoft’s current valuation.” Shares of the company are up more than 7% this year. “We believe Microsoft is one of the most compelling investment opportunities in the technology industry and across sectors,” Rangan said. Broadcom Goldman recently reinstated coverage of the semiconductor company with a buy rating ahead of its earnings report in February. The firm said there’s no shortage of positive catalysts for Broadcom after its acquisition of VMware. “In short, we expect strong double-digit revenue growth in the company’s AI-related businesses,” analyst Toshiya Hari wrote. In addition, the VMware deal should “drive operating margin expansion and earnings growth well in excess of the industry average,” he said. Broadcom is well positioned to capture synergies in the deal, driving “above average EPS growth,” Hari added. The analyst is also bullish on…
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