TECH - Top Tech Stocks Moving Higher After Earnings | Benzinga
Despite underwhelming guidance sending Meta Platforms' (NASDAQ: META) stock lower following its Q1 earnings beat on Wednesday evening, several tech companies have seen their stocks pop after exceeding quarterly expectations yesterday as well.
Better still, these top-rated tech stocks look poised to outperform the broader market given slower GDP data and higher consumer prices led to a selloff in Thursday's trading session with the S&P 500, Nasdaq, and Dow Jones all down roughly -1% at the moment.
CACI International (NYSE: CACI)
Popping +5% today, CACI International's stock largely resisted Thursday's market downturn as its IT applications and infrastructure services to improve information systems appear to be in high demand.
Reporting its fiscal fourth quarter results on Wednesday, CACI's Q4 earnings of $5.74 per share climbed 16% year over year and beat expectations of $5.52 a share by 4%. CACI also beat top line estimates of $1.86 billion by 4% with Q4 ...