2 Red-Hot Stocks That Raised Guidance

This post was originally published on this site

This, along with stellar corporate earnings, provided support for valuations and created a basis for stock prices to go up. With the second-quarter reporting season coming to a close, the S&P 500 is on course to achieve its highest quarterly earnings growth rate since the fourth quarter of 2009.

With economic activities returning to pre-pandemic levels, many companies have raised their outlook. Best Buy Co. Inc. (NYSE:BBY) and Box Inc. (BOX) are the two companies that have raised their growth forecast and are well-positioned to gain significantly in the near term.

Continue reading on StockNews