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Top Stock Picks for the Week of June 4th
Okta, Inc. (OKTA - Free Report) , is a software company specializing in authentication. Its stock price is on an upward trend. The company is also seeing solid activity on the earnings estimate revisions front. This suggests analysts are becoming more optimistic on OKTA’S earnings for both the coming quarter and year. Estimates have moved higher for both time frames.
General Motors Company (GM - Free Report) ,is a leading global automotive company. With a style score of ‘A’ for both Value and Momentum, the company’s stock has moved higher in the past year, outperforming its industry. Q1 2018 earnings and revenues beat the Zacks Consensus Estimates. For 2018, the company projects robust earnings. Also during Q1, its crossover sales rose double digits on a year-over-year basis. The company also pays a real nice dividend.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>