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4 Must-Buy Stocks as S&P 500 Continues to Reach New Milestones
ZACKS· 2025-07-28 13:25
Market Overview - The S&P 500 rose 0.4% to close at 6,338.64 points, marking its fifth consecutive record close and the longest winning streak in over a year [1][3][9] - The index has rebounded significantly after nearly entering a bear market in April, recovering from an 18% drop earlier this year [5][9] Earnings and Investor Sentiment - Over one-third of S&P 500 companies have reported Q2 earnings, with 80% surpassing estimates, contributing to the positive market sentiment [6] - The recent rally is supported by trade developments and expectations of a major trade deal between the U.S. and the European Union [6][7] Key Companies with Growth Potential - **Adobe Inc. (ADBE)**: Expected earnings growth rate of 12% for the current year, with a Zacks Rank 2 [10] - **Microsoft Corporation (MSFT)**: Expected earnings growth rate of 13.1% for the current year, also holding a Zacks Rank 2 [12] - **Amazon.com, Inc. (AMZN)**: Expected earnings growth rate of 13.6% for the current year, currently rated Zacks Rank 1 [14] - **Meta Platforms, Inc. (META)**: Expected earnings growth rate of 7.8% for the current year, with a Zacks Rank 1 [16]