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Good Stocks To Invest In Today? 2 S&P 500 Stocks To Watch

Should investors be watching these S&P 500 stocks after there recent financial results?

S&P 500 stocks are widely recognized as some of the best investments available. They offer a unique combination of stability and growth potential, making them an attractive choice for both long-term and short-term investors. The S&P 500 is made up of 500 large-cap stocks that are widely considered to be leaders in their respective industries. Notably, this includes companies such as Tesla Inc (NASDAQ: TSLA), Alphabet Inc. (NASDAQ: GOOGL), and Johnson & Johnson (NYSE: JNJ) to name a few.

S&P 500 stocks tend to be less volatile than smaller-cap stocks, making them a good choice for investors who are looking for stability. At the same time, S&P 500 stocks have the potential to provide significant growth, making them an ideal choice for long-term investors. Whether you’re looking for stability or growth, S&P 500 stocks offer an attractive option for anyone who is considering investing in the stock market.

S&P 500 Stocks To Watch Right Now

1. Apple (AAPL Stock)

First, we have consumer technology giant Apple Inc. (AAPL). In short, the company designs develops and sells consumer electronics, computer software, and online services. Moreover, Apple’s hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the Apple Watch smartwatch, and the Apple TV among others.

AAPL Recent Stock News

Meanwhile, on Thursday afternoon, the company reported its fourth-quarter 2022 financial results. In the report, the company reported Q4 2022 earnings of $1.29 per share, with revenue of $90.1 billion. Meanwhile, Wall Street’s consensus estimates for the quarter were earnings of $1.26 per share and revenue of $90.0 billion. These revenue figures represent an 8.1% increase versus the same period, a year prior. Furthermore, Apple reported that it estimates Q1 2023 revenue to surpass $134 billion.

Luca Maestri, Apple’s CFO commented, “Our record September quarter results continue to demonstrate our ability to execute effectively in spite of a challenging and volatile macroeconomic backdrop. We continued to invest in our long-term growth plans, generated over $24 billion in operating cash flow, and returned over $29 billion to our shareholders during the quarter.

AAPL Stock Chart

Shares of AAPL stock closed Thursday’s trading session down 3.05% at $144.80. Though, after the earnings report was announced, Apple stock closed Thursday’s after-hours trading session at $145.35 a share.

Source: TD Ameritrade TOS

[Read More] 3 Dow Jones Industrial Average Stocks To Watch Today

2. Amazon (AMZN Stock)

Following that, let’s take a look at Amazon.com Inc. (AMZN). To begin, Amazon.com Inc is an American multinational technology company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence.

AMZN Recent Stock News

Also, on Thursday afternoon, Amazon announced its third-quarter 2022 financial results. Diving in, the company reported Q3 2022 earnings of $0.20 per share and revenue of $127.1 billion. For context, analysts’ estimates for the quarter were earnings of $0.22 per share and revenue of $126.4 billion. In addition, Amazon’s revenue reflects a 14.7% increase on a year-over-year basis.

Moreover, Andy Jassy, Amazon CEO commented about the quarter’s performance, “In the past four months, employees across our consumer businesses have worked relentlessly to put together compelling Prime Member Deal Events with our eighth annual Prime Day and the brand new Prime Early Access Sale in early October. The customer response to both events was quite positive, and it’s clear that particularly during these uncertain economic times, customers appreciate Amazon’s continued focus on value and convenience.”

AMZN Stock Chart

On Thursday, shares of Amazon stock closed the day down over 4% at $110.96 a share. After the company released its Q3 2022 financial results, AMZN stock dropped another 12.73% in after-hour trading on Thursday at $96.84 a share.

Source: TD Ameritrade TOS

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By Joe Samuel

Joe Samuel is a dedicated stock market researcher and financial contributor. His love for the stock market started at a young age learning from his grandfather. Joe earned a bachelor of science degree in corporate finance and business management. After finishing college, he went the route of an entrepreneur starting numerous businesses and eventually became a financial contributor to a number of outlets including Seeking Alpha, Invesitng.com, and actively contributes to FactSet. At StockMarket.com, Joe looks for emerging stories. One of his traits is identifying new trends before they become mainstream. Whether it’s a biopharmaceutical company debuting a novel treatment or the next technology start-up developing a new platform, Joe looks to be on the cutting edge of that trend.

After years of living in New York, he made the move to Miami, Florida where he’s become an active member of the finance community. Joe has worked with early-stage companies in marketing and consulting capacities, which has given him an opportunity to see what makes companies tick. His viewpoint is that while corporate news is vital to any investment, it’s what isn’t “right in front of you” that can make a good investment great. His approach to the markets is one that aims to deliver information that might not be well-known. But through deep research and diligence, Joe has written about and been able to uncover time-sensitive information when seconds matter in the stock market today.

Joe enjoys covering several stock market sectors. These include commodities, finance, biotechnology, and technology; specifically AI & machine learning. His no-nonsense approach to the market gives readers a cut and dry view of the news that matters most and topics beginning to emerge as new trends in the stock market. He was early to the table with calls on things like the last gold rush in 2019 and has been able to identify influential events and how they could impact certain industries.

During his free time, he enjoys spending time with his family and polishing up one new stock market trends. He’s also an avid car enthusiast with a passion for classic and muscle cars.

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