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Maximize Your Earnings with These S&P 500 Stocks, Poised to Surge Up to 7,800% and Available at Attractive Buy Points

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Investors Should Look for Stocks with Stellar Profit Outlooks

Earnings Drive Share Prices

Ultimately, earnings drive share prices. So investors should look for stocks with stellar profit outlooks.

Stocks with High Earnings Potential

  • AI leader Nvidia (NVDA), Shopify (SHOP), Meta Platforms (META), Li Auto (LI), Array Technologies (ARRY) are expected to more than double earnings per share in 2023 or current fiscal year.
  • Some stocks are expected to have even higher earnings growth.
  • All of these stocks are near buy points.

Expected Earnings Growth

Company Ticker Expected EPS growth, current fiscal year 2023 stock price gain
Li Auto LI 7,800% 98.4%
Shopify SHOP 1,201% 80.4%
Nvidia NVDA 187% 211.2%
Array Technologies ARRY 172% 28.3%
Meta Platforms META 114% 153.5%

Nvidia Earnings

Nvidia earnings are expected to surge 187% to $9.60 a share in fiscal 2024 ending in January. And those earnings will be backloaded. In the first half, Nvidia has reported just $3.79 a share.

Nvidia is capitalizing on the artificial intelligence boom, with seemingly endless demand for its chips.

Shopify Earnings

Shopify earnings are expected to explode 1,201% to 52 cents a share in 2023. As with Nvidia, the earnings will be backloaded, with Shopify reporting just 15 cents in the first half.

The e-commerce software giant has seen its earnings outlook skyrocket on its to exit the fulfillment business, announced May 4 along with Q2 results. That will slash costs and end Shopify’s direct competition with (AMZN). On Aug. 31, Amazon announced an expanded integration with Shopify.

Meta Earnings

Meta earnings are set to surge 114% to $18.39 a share after tumbling in 2022. Meta Platforms announce big job cuts starting late last year and cut capital spending on its metaverse efforts. Revenue growth has rebounded as well.

Li Auto Earnings

Li Auto earnings are expected to skyrocket 7,800% to 79 cents a share vs. 1 cent a year earlier. Sales are skyrocketing, with growth accelerating to 203% in Q2. The Chinese EV startup has seen deliveries of its premium hybrid SUVs skyrocket in 2023, with plans for an all-electric minivan soon.

Array Earnings

Array earnings are expected to surge 172% to $1.03 a share in 2023. That’s after soaring 443% in 2022.

Array makes ground-mounted tracking systems for solar panels, to maximize production.

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