Buy 5 Non-U.S. Tech Stocks Flying High on Strong Estimate Revisions

Market Overview - Wall Street has experienced a solid bull run over the last 26 months, with several stocks significantly appreciating in value over the past year. The bull run is expected to continue into 2025 despite some fluctuations in U.S. stock markets [1] - Non-U.S. stocks traded in U.S. markets have also seen substantial gains during this period, with some stocks benefiting from strong revenues and positive earnings estimate revisions [1] Selected Stocks - Five stocks with favorable Zacks Rank have been identified: Celestica Inc. (CLS), Atlassian Corp. (TEAM), Spotify Technology S.A. (SPOT), Sportradar Group AG (SRAD), and Logitech International S.A. (LOGI) [2][3] Celestica Inc. (CLS) - Celestica is a leading electronics manufacturing services company, providing solutions for printed circuit assembly and system assembly [5] - For 2025, the Zacks Consensus Estimate projects revenues of $10.71 billion, reflecting an 11$4.75, indicating a 22.4% year-over-year increase. Current-year earnings estimates have improved by 7.7% in the last 30 days [7] - The 2026 estimates show a year-over-year increase of 16.4% for revenues and 19.3% for EPS [8] Atlassian Corp. (TEAM) - Atlassian is benefiting from the rising demand for remote working tools and has seen a 25-fold increase in AI interactions year-over-year [9][10] - The Zacks Consensus Estimate for the current year (ending June 2025) indicates revenues of $5.17 billion, an 18.6$3.45, a 17.8% year-over-year increase. Current-year earnings estimates have improved by 8.2% in the last 30 days [12] - For the next year (ending June 2026), the estimates indicate a 19.1% increase in revenues and a 21% increase in EPS [13] Spotify Technology S.A. (SPOT) - Spotify provides audio streaming services globally, with a significant increase in Monthly Active Users (MAUs) reported [15][17] - The Zacks Consensus Estimate for 2025 shows revenues of $18.83 billion, an 11.1$10.30, a 73.1% year-over-year increase. Current-year earnings estimates have improved by 17.7% in the last 30 days [18] - For 2026, the estimates indicate a 14.8% increase in revenues and a 27.2% increase in EPS [19] Sportradar Group AG (SRAD) - Sportradar provides sports data services for the sports betting and media industries, offering critical software and data solutions [21][22] - The Zacks Consensus Estimate for 2025 indicates revenues of $1.31 billion, a 15.7$0.29, a 94.5% year-over-year increase. Current-year earnings estimates have improved by 17.7% in the last 30 days [24] Logitech International S.A. (LOGI) - Logitech has experienced four consecutive quarters of year-over-year sales growth, driven by rising hybrid work trends [26] - The Zacks Consensus Estimate for fiscal 2025 shows revenues of $4.56 billion, a 6.1$4.77, a 12.2% year-over-year increase. Current-year earnings estimates have improved by 0.9% in the last seven days [28] - For fiscal 2026, the estimates indicate a 3.1% increase in revenues and a 3.9% increase in EPS [29]