Goldman says these stocks are top ideas in wake of their 2Q earnings
There are plenty of top stocks to buy following earnings, according to Goldman Sachs. The investment bank says companies like Stubhub have plenty more room to run. Other buy-rated stocks at Goldman Sachs and screened by CNBC Pro include: Loar Holdings , MasTec, Toast and Quanta Services. Loar Holdings Analyst Noah Poponak says he’s sticking with the aerospace and defense component parts company following its recent earnings report. “The 2026 guidance ranges for revenue, EBITDA and EPS are all ahead of consensus,” he said. Goldman also sees “strong growth across the end-markets, new business win potential, margin expansion opportunity, high free cash conversion and deployment towards accretive acquisitions.” Loar shares are up 14% this year and remain on Goldman’s prestigious conviction buy list. “Upside to near-term estimates, for this long-term compounder,” Poponak said. Toast Analysts led by Will Nance came away impressed by the fintech restaurant company’s recent solid earnings. The investment bank said that while some investors might be concerned about the company’s investment spending, such fears are overdone. “However, we think TOST management did a good job tempering that message with the upbeat commentary around structurally higher margins in the business going forward…,” the Goldman analysts said. Nance pointed to other positive catalysts including better visibility with customer acquisition costs and improved subscriptions for the company’s AI-powered marketing platform, Toast IQ Grow. “With shares now pricing in significant growth related investments and depressed margins in hardware in the near term, we believe the risk reward is positive and remain Buy rated,” Goldman said. The stock is up 16% over the past month. MasTec Buy the dip in shares of the infrastructure and engineering company, analyst Neil Mehta wrote after MasTec’s mixed quarterly report. Goldman says MasTec remains well positioned for the data center buildout boom. “As we look longer-term, we expect MTZ to continue winning key projects, particularly in pipelines and infrastructure, supporting EBITDA margin expansion and an EPS [compound annual growth rate] between 2025-2030 of ~17%,” he wrote. The bank lowered its price target to $409 per share from $508, but said it still believes in the stock and so should investors. “Amid continued focus on margin growth for MTZ, we see the inclusion of large projects over the long-term on both the pipelines and infrastructure sides of the business as main drivers of EBITDA margin expansion,” Mehta said. The stock is up 37% this year. Quanta Services “We continue to see PWR as a key beneficiary of the power demand theme, as we estimate an EPS CAGR between 2026-2030 of ~19.5% from continued growth in both the Electric and Underground & Infrastructure businesses.” Loar Holdings “The 2026 guidance ranges for revenue, EBITDA, and EPS are all ahead of consensus … We continue to see strong growth across the end-markets, new business win potential, margin expansion opportunity, high free cash conversion and deployment towards accretive acquisitions … Upside to near-term estimates, for this long-term compounder.” Toast “However, we think TOST management did a good job tempering that message with the upbeat commentary around structurally higher margins in the business going forward … With shares now pricing in significant growth related investments and depressed margins in hardware in the near term, we believe the risk reward is positive and remain Buy rated.” MasTec “As we look longer-term, we expect MTZ to continue winning key projects, particularly in pipelines and infrastructure, supporting EBITDA margin expansion and an EPS CAGR between 2025-2030 of ~17% … Amid continued focus on margin growth for MTZ, we see the inclusion of large projects over the long-term on both the pipelines and infrastructure sides of the business as main drivers of EBITDA margin expansion.” Stubhub “Looking beyond short-term debates and any short-term stock price reaction to a framing of the guide, we continue to frame STUB as being positively levered to the large and growing ticketing market opportunity. We reiterate our Buy rating on the shares and our 12-month PT of $16…”
