Company News for May 24, 2024

  • Ralph Lauren Corp.’s (RL) shares surged 3.3% after the company reported fourth-quarter fiscal 2024 adjusted earnings per share of $1.71, outpacing the Zacks Consensus Estimate of $1.65.
  • Shares of NetEase Inc. (NTES) tumbled 3.7% after the company posted first-quarter 2024 adjusted earnings per share of $1.81, lagging the Zacks Consensus Estimate of $1,85.
  • BJ's Wholesale Club Holdings Inc. (BJ) shares advanced 3.4% after reporting first-quarter 2024 adjusted earnings per share of $0.85, surpassing the Zacks Consensus Estimate of $0.83.
  • Shares of Hamilton Lane Inc. (HLNE) climbed 4.2% after posting fourth-quarter fiscal 2024 adjusted earnings per share of $1.38, beating the Zacks Consensus Estimate of $1.

Where Will Stocks Go…

If Biden Wins? If Trump Wins?

The answers may surprise you.

Since 1950, even after negative midterm years, the market has never had a lower presidential election year. With voters energized and engaged, the market has been almost unrelentingly bullish no matter which party wins!

Now is the time to download Zacks' free Special Report with 5 stocks that offer extreme upside for both Democrats and Republicans…

1. Medical manufacturer has gained +11,000% in the last 15 years.

2. Rental company is absolutely crushing its sector.

3. Energy powerhouse plans to grow its already large dividend by 25%.

4. Aerospace and defense standout just landed a potentially $80 billion contract.

5. Giant Chipmaker is building huge plants in the U.S. 

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BJ's Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report

Ralph Lauren Corporation (RL) : Free Stock Analysis Report

NetEase, Inc. (NTES) : Free Stock Analysis Report

Hamilton Lane Inc. (HLNE) : Free Stock Analysis Report

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Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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