GameStop (GME) has played a starring role in the financial news cycle in recent years because of its volatility trading momentum and its leading position in the recent “meme stock” movement. In 2020, GME shares rallied from approximately $1.00/share to highs in the $75.00 range. However, GameStop has struggled throughout much of 2022, with shares down by 24.3% on a year-to-date basis.

Kroger (KR) has been a top performer throughout 2022, showing its defensive nature during today’s volatile trading environment, with shares rising approximately 13.5% since the start of the year as opposed to the S&P 500, which has fallen by nearly 15% on a year-to-date basis thus far. Kroger reported second quarter earnings this morning. The company’s beat and raise results have caused shares to rally. Today’s 5%+ move has pushed KR shares up towards the consensus fair value estimate provided by the credible analysts that Nobias tracks.

The energy sector has been the big winner thus far throughout 2022. Year-to-date, there are only two sectors with positive gains: energy and utilities. The utility sector has posted gains of 3.7% during 2022 thus far. However, energy has put those returns to shame, posting year-to-date gains of 43.95%. And, within the energy space, Exxon Mobil (XOM), one of the world’s largest integrated oil companies, has posted even greater outperformance. XOM shares are up by 50.44% on a year-to-date basis. Yet, credible analysts still see double digit upside ahead.

After establishing itself as a top Nasdaq performer in 2020 and 2021, Nvidia’s (NVDA) shares have suffered throughout 2022. On a year-to-date basis, NVDA is down by 54.69%. The stock is down 25.66% during the past month. NVDA shares fell 15.75% last week alone. And yet, even with such strong negative momentum in mind, the credible analysts that the Nobias algorithm follows continue to express very bullish opinions with regard to NVDA stock.

Macy’s (M) is the biggest U.S. department store chain and one of the most iconic names in the American retail space. The company was founded in 1858, moved into its landmark location in Herald Square in 1902, and the company’s red star logo has been a part of popular culture in the United States for well over a century. However, in recent years, shares of this once prominent department store have struggled due to the secular headwinds created by the growing eCommerce trend. Macy’s shares are down roughly 9.9% during the last 5 years. During this same period of time, the S&P 500 is up by more than 71.5%.

Macy’s (M) is the biggest U.S. department store chain and one of the most iconic names in the American retail space. The company was founded in 1858, moved into its landmark location in Herald Square in 1902, and the company’s red star logo has been a part of popular culture in the United States for well over a century. However, in recent years, shares of this once prominent department store have struggled due to the secular headwinds created by the growing eCommerce trend. Macy’s shares are down roughly 9.9% during the last 5 years. During this same period of time, the S&P 500 is up by more than 71.5%.

During the second half of 2021, Affirm (AFRM) shares rose from approximately $50.00/share to its current 52-week high of $172.65. However, throughout 2022 the sentiment has turned bearish for AFRM shares, which are now down by more than 74% on a year-to-date basis. AFRM posted fiscal Q4 earnings this week and although the company beat Wall Street’s expectations for Q4 sales, poor forward looking guidance spooked investors, causing shares to crater. Affirm shares fell by 19.47% this week.

Home Depot reported second quarter earnings this week, beating analyst estimates on both the top and bottom-lines, bucking some of the negative trends that have plagued big-box retailers in recent months.

Lowe’s (LOW) reported its second quarter earnings this week, posting mixed results. However, despite a top-line miss, LOW shares were still higher by 2.5% on the week. Lowes fought through the inflationary environment that retailers are currently operating in, growing its earnings by nearly 10%. Since Lowe’s posted Q2 results, several credible Wall Street analysts have raised their price targets for LOW shares. Right now, the average credible analyst price target for LOW implies double digit upside potential.

Bed Bath and Beyond (BBBY) has been in the financial news lately due to extremely volatile momentum, in both bullish and bearish directions, in recent weeks. Since late July, BBBY shares have traded from approximately $5.00 up to more than $28.00 and then back down to the $10.00 level where they trade today. Authors and analysts alike are describing BBBY as the latest “meme” stock due to the retail interest that is driving the momentum behind shares.

Nvidia pre announced its second quarter earnings last week, missing analyst estimates, which caused its stock to fall. On a year-to-date basis, NVDA shares are down by 37.89%. However, during the last month, Nvidia has rallied alongside the broader market, rising by 23.89%. And, despite the recent quarterly miss, the credible analysts that Nobias tracks believe that NVDA’s recent rally is likely to continue.

The Trade Desk (TTD) shares were up more than 33% this week. TTD shares rallied after the company reported Q2 results which beat Wall Street sales growth expectations and included strong forward guidance. However, even after this 30%+ post-earnings rally, TTD shares are still down by more than 17% on a year-to-date basis.

The Walt Disney Company (DIS) reported earnings this week, causing its shares to rally. Coming into its Q3 earnings report, Disney shares were down approximately 28.4%. Throughout 2022 Disney shares struggled alongside other major players in the media/entertainment space due to results that pointed towards slowing subscriber growth and lower consumer spending. However, DIS’s Q3 report bucked those trends.

British Petroleum (BP), the British oil major, reported earnings last week. The company posted record results, raised its dividend, and announced further share buybacks. BP shares rallied on this news and even though BP shares are up 8.37% on a year-to-date basis, outperforming the S&P 500 by a wide margin, the credible authors and analysts that the Nobias algorithm tracks largely agree that this company has more upside potential ahead.

Twilio (TWLO), a market darling during 2020 and 2021 when there was a lot of appetite for risk in the markets, has severely struggled throughout 2022 thus far. TWLO shares were trading for $103.15 at the end of 2019. Despite the COVID-19 pandemic, they experienced a massive rally during 2020, ending that year trading for $338.50.

Amazon (AMZN) reported its second quarter earnings after the market’s closing bell on Thursday of last week and that quarterly report sent the stock soaring on Friday. Amazon shares rallied by 10.46% during Friday’s trading session, leading the Nasdaq higher on the day. When Amazon reported results, it beat analyst estimates on both the top and bottom lines. Furthermore, the company provided Q3 guidance, which put investors at ease.

Thus far throughout the Q2 earnings season, retail and apparel stocks have largely posted disappointing results and therefore, negative sentiment surrounds much of this space, with stocks like Walmart (WMT) and V.F. Corp (VFC) trading near their 52-week lows. However, a notable exception to this underperformance in the consumer discretionary space has been in the quick service restaurant segment, with companies like Chipotle (CMG) and Starbucks (SBUX) posting results recently that caused their shares to rally.

Apple (AAPL) reported its third quarter earnings last week after the market’s closing bell, posting revenue that was in-line with Wall Street’s consensus and earnings-per-share which beat analyst estimates. This bottom-line beat allowed investors to breathe a sigh of relief. Apple shares rallied more than 3% during the trading session of Friday in response to the Q3 data.

Microsoft (MSFT) reported its fourth quarter results for its fiscal 2022 year on Tuesday of this week. Since then, MSFT shares have rallied $251.90 to the $276.00 range. This 9.5% rally comes on the heels of an earnings report where the company missed consensus estimates on both the top and bottom lines. Yet, it appears that the market has been more focused on Microsoft’s bullish guidance, as opposed to the disappointing results that the company posted during the fourth quarter. And, despite several credible analysts lowering their price target for MSFT shares, the credible analysts community that Nobias tracks remains very bullish. 100% of credible analysts that the Nobias algorithm tracks see further upside ahead. Their average price target implies upside potential north of 20%.

Telecommunications giant, Verizon (VZ), posted Q2 earnings on Friday morning, before the opening bell on Wall Street. The company missed analyst earnings estimates and posted lower than expected forward-looking guidance, which caused VZ shares to fall by 6.74% on Friday. After this drop, VZ is lower by 15.24% on a year-to-date basis. The share price weakness has pushed VZ’s dividend yield up to the 5.75% threshold; well above the S&P 500’s 1.52% yield. However, the stock’s performance on Friday showed that investors are more concerned about slowing growth than they are about strong dividend income.