Goldman Sachs highlighted five firms which have more room to run following their latest quarterly earnibgs studies. The Wall Street funding financial institution says stocks like Shake Shack have loads of upside forward. Other buy-rated names embrace: Tyson Foods, FMC, Match Group and Woodward. FMC Corporation Buy the dip in shares of the chemical maker, analyst Duffy Fischer wrote lately. FMC is coming off a strong second quarter earnings report with Fischer anticipating a bunch of near-term catalysts. Fischer says FMC has been unfairly punished by traders as value headwinds persist amid excessive expectations. “With the strategic inventory reduction complete, we believe the biggest lift of the turnaround is complete and the stage is set for a sharp inflection in growth in 2H,” he wrote. Still, Fischer warned that traders might want to see sequential enhancements in future quarters to ensure that the inventory to work. “We still believe the risk/reward in FMC from here is favorable given its relative underperformance vs. the ag space,” he went on. The inventory is down 25% this yr by Friday. Tyson Foods The turnaround is underway on the poultry firm, in accordance with Goldman. Analyst Leah Jordan says Tyson’s fiscal third-quarter earnings report earlier this week is giving her “renewed confidence” within the inventory. In explicit, Jordan believes Tyson’s “diversified protein model and better execution” bolsters her bullish thesis. In addition, beef is enhancing with “strength in chicken, pork, and prepared foods supporting the near-term,” she added. Jordan raised her value goal to $68 per share from $67. The inventory is 9% greater this month. “All in, this increased visibility on where we are in the beef cycle remains constructive on the longer term earnings improvement opportunity for TSN,” Jordan went on. Woodward The aerospace elements producer trade is firing on all cylinders, analyst Noah Poponak stated after Woodward’s fiscal third quarter earnings report. “WWD had a solid quarter, beating consensus on revenue, segment EBIT and EPS, while raising full-year earnings guidance,” he wrote. Poponak says Fort Collins, Colo.-based Woodward has a primary mover benefit “given its large content gains on growth programs in the industry, on top of a core diversified component business, with margin expansion.” Meanwhile shares of the corporate have already soared 49% this yr. Yet Woodward nonetheless affords “continued momentum in [a] multi-pronged growth story,” Poponak stated. FMC “Stage set for meaningful growth inflection in 2H. … .We still believe the risk/reward in FMC from here is favorable given its relative underperformance vs. the ag space … the strategic inventory reduction complete, we believe the biggest lift of the turnaround is complete and the stage is set for a sharp inflection in growth in 2H.” Tyson We got here away from the quarter with renewed confidence in TSN’s diversified protein mannequin & higher execution, with energy in hen, pork, & ready meals supporting the near-term, whereas visibility into long run cyclical restoration in beef continues to enhance with herd retention now underway … All in, this elevated visibility on the place we’re in [the] beef cycle stays constructive on the long run earnings enchancment alternative for TSN.” Match Group “While this quarter highlighted optimistic indicators round progress on registrations & consumer outcomes, investor focus will possible stay anchored round a couple of key themes: execution on key initiatives at Tinder, working margins inside the enterprise and the stability between development investments within the near- to medium time period in opposition to monetary targets supplied at MTCH’s 2024 Investor Day…” Woodward “Continued momentum in multi-pronged development story … WWD had a strong quarter, beating consensus on income, section EBIT and EPS, whereas elevating full-year earnings steerage … WWD stays distinctive within the aerospace provide chain given its giant content material positive aspects on development applications within the trade, on high of a core diversified part enterprise, with [profit] margin enlargement. ” Shake Shack “…[W]e consider that the corporate continues to make the fitting investments to generate sturdy optimistic visitors (culinary innovation and incremental advertising spend) and [restaurant-level margin] enlargement and see additional upside through sustained [double digit percentage] unit development (with new items opening stronger). The investments come with a near-term value however we consider in the end are essential to compete within the present surroundings.”