Earnings Results and Interest Rates Drive Stock Prices in the Long Run\n\nBy comparing the Most Accurate Estimate against the Zacks Consensus Estimate, the ESP provides valuable insights into a company’s potential for positive earnings surprises.\n\nOne company that stands out is ASML (ASML), which currently holds a Zacks Rank #2 and has an Earnings ESP of 3.46%. With its upcoming earnings release on January 24, 2024, ASML is part of a group of Computer and Technology stocks with a positive ESP. Another company to watch is Qualcomm (QCOM), which has a Zacks Rank #3 and an Earnings ESP of 6.63%. With its next earnings report on February 1, 2024, Qualcomm is also poised for potential earnings beats.\n\nThese positive ESP figures suggest that both ASML and Qualcomm may outperform expectations in their upcoming earnings reports. For investors looking to capitalize on profitable earnings season trading, the Zacks Earnings ESP Filter can help identify stocks with the highest probability of positive or negative surprises.\n\nInvesting in Semiconductor Stocks for Unique Opportunities\n\nThe semiconductor sector has been experiencing a resurgence, making it an attractive area for investors to explore. With the demand for AI servers on the rise, companies like Micron and Qualcomm are well-positioned to benefit. Micron has also commented on the strong demand for AI servers, leading to an increase in their target price to $49 from $45.\n\nIn addition, Blackberry’s quarterly IoT results and guidance have led to an increase in Qualcomm’s already above-consensus price target to $155 from $150.\n\nEarnings results and interest rates are key drivers of stock prices in the long run. By utilizing tools like the Zacks Expected Surprise Prediction, investors can gain valuable insights into a company’s potential for positive earnings surprises.