Finance

HSBC's Favorite Stocks This Earnings Season: Alphabet, Amazon, Monster

HSBC names 11 stocks likely to rally this earnings season, led by Alphabet and Amazon. The note highlights AI-driven demand, cloud growth, and Monster Beverage as a consumer staple play amid macro headwinds.

📅 April 19, 2026
⏱️ 2 min read
HSBC's Favorite Stocks This Earnings Season: Alphabet, Amazon, Monster

Key Takeaways

  • Alphabet target $385, ~15% upside, driven by AI demand and Gemini 3.0/3.1 Pro.
  • Amazon target $280, ~12% upside, supported by AWS growth and AI adoption.
  • Monster Beverage target $98, ~31% upside, aided by an expanding energy-drink market and a debt-free balance sheet.
  • 2026e EPS growth forecast of 12.3% YoY, above the long-run average of 11.4% since 2009.

People Involved

  • HSBC Global Research Research Team
  • CNBC News outlet summarizing HSBC's picks

Entities Involved

  • Alphabet Inc. (GOOGL) Public technology company driving AI demand and AI services
  • Amazon.com, Inc. (AMZN) E-commerce and cloud leader; AWS growth and AI adoption driver
  • Monster Beverage Corporation (MNST) Energy drinks leader expanding into Europe and Latin America
  • HSBC Holdings plc Bank delivering stock-pickers' notes

MarketMoodz Analysis

Investors can interpret HSBC's picks as a signal to lean into AI-enabled growth and cloud infrastructure during earnings season, with Alphabet and Amazon at the center of the thesis. The included upside targets imply meaningful potential returns even as macro headwinds persist. Monster Beverage adds a consumer-staples dimension to the basket, suggesting diversification across growth and resilience plays.

On the context side, 2026e numbers show Tencent/Alphabet-style capex momentum and earnings growth: Alphabet's 2026e capex guidance of $175-185 billion compares with 2025's roughly $90 billion and a consensus around $120 billion for 2026, while 2026e EPS is forecast to rise 12.3% YoY, above a long-run average of 11.4% since 2009. Macro risks from the Iran conflict and higher oil prices could inject volatility, but the sector mix remains geared to AI, cloud, and consumer staples, which historically have led during tech earnings seasons.

Source: Original Article

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