Top Wall Street analysts like these 3 stocks for long-term prospects

Core Insights - The earnings season is impacting market direction, with results from tech giants and sector leaders being particularly influential [1] - Investors are advised to consider long-term growth potential rather than focusing solely on quarterly results [1] Company Summaries Alphabet (GOOGL) - Alphabet reported strong performance in its Search and Cloud businesses, but YouTube advertising revenue growth slowed and missed expectations [2] - BMO Capital analyst Brian Pitz maintained a buy rating with a price target of $222, citing AI-related benefits in Search and raised estimates for the Cloud business [2][3] - Pitz believes YouTube is well-positioned to capture a share of the$150 billion global linear TV ad market, supported by superior AI Creator tools [3] ServiceNow (NOW) - ServiceNow delivered strong second-quarter results, exceeding expectations in net new annual contract value and generative AI contributions, leading to an increased 2024 subscription revenue outlook [4] - Goldman Sachs analyst Kash Rangan raised the price target for NOW stock to $940 from$910 and reaffirmed a buy rating, noting a 13% surge in shares post-results [4][5] - Rangan highlighted a 22.5% growth in remaining performance obligation, indicating strong future revenue potential driven by robust NNACV and early renewals [5] Travel + Leisure (TNL) - Travel + Leisure exceeded earnings expectations but fell short on revenue estimates, raising its full-year adjusted EBITDA guidance due to strong consumer demand for vacation ownership [7] - Tigress Financial analyst Ivan Feinseth reaffirmed a buy rating and raised the price target to $58 from$54, citing demand for vacation ownership and anticipated benefits from lower interest rates [7][8] - Feinseth identified strategic partnerships and technology investments as key growth catalysts for TNL, including the acquisition of Accor Vacation Club [8]