Three Zacks Rank #1 stocks — Ford, Wayfair and Cisco — were highlighted by Tracey Ryniec as names to watch ahead of second-quarter earnings season.
S&P 500 companies are now expected to post 24% year-over-year earnings growth on 11.3% revenue growth, extending a 25.7% profit surge in the first quarter and fueling estimate upgrades.
Ford reports July 28 with 2026 earnings seen up 50.5%; the stock trades at 8.2 times forward earnings and yields 4.4%, while shares are up 3.7% this year.
Wayfair has three physical stores and plans five more, with 2026 earnings expected to rise 11.9%; the stock is down 10.1% year to date but has rallied 26.6% over the past month.
Cisco, up 53.6% in 2026, has seen nine estimate increases for both fiscal 2026 and 2027; earnings are projected to grow 12.3% and 11.3%, though its 26.6 forward P/E suggests much optimism is already priced in.