A company called Benzinga wrote an article about five big companies that are expected to do well in their earnings reports after the market closes. These companies are Diamondback Energy, Advanced Micro Devices, and three others. They think these companies will make more money than people expect and their stock prices might go up because of it. Read from source...

1. The title is misleading and clickbaity. It implies that the five stocks mentioned will definitely beat on earnings after the closing bell, but this is not a guarantee. A more accurate title would be "5 Large-Cap Stocks with Positive Earnings ESP and Zacks Rank Set to Report Earnings After the Closing Bell".
2. The article does not provide any analysis or reasoning for why these five stocks are set to beat on earnings, other than mentioning their positive Earnings ESP and Zacks Rank. A more thorough analysis of each stock's fundamentals, market trends, competitive advantages, and potential risks would be helpful for readers who want to make informed investment decisions.
3. The article relies heavily on third-party sources, such as Zacks Research, without providing any critical evaluation or independent verification of their claims. This creates a potential conflict of interest and undermines the credibility of the author's opinions. A more objective and transparent approach would be to cite multiple sources, present different perspectives, and acknowledge any discrepancies or limitations in the data.
4. The article focuses too much on the price performance of the stocks in the last quarter, without explaining how this relates to their future earnings potential. Price performance is not a reliable indicator of a company's fundamentals or long-term growth prospects, and can be influenced by various factors such as market sentiment, news events, technical analysis, etc. A more relevant analysis would be to compare the stocks' earnings growth, profit margins, revenue growth, cash flow, debt levels, valuation ratios, etc., and how they stack up against their peers and the broader market.

- Diamondback Energy (NASDAQ:FANG) - Buy with a 12% upside potential based on the current price of $139.76 and a Zacks Rank #2 (Buy). The company is expected to report earnings per share of $3.50, beating the consensus estimate by $0.48 or 16.0%. Diamondback Energy has a positive Earnings ESP of +7.29% and a strong price performance in the last quarter with a return of 27.7%. The stock has a low P/E ratio of 13.55 and a high dividend yield of 4.86%, making it attractive for income investors. The main risk factor is the volatility of oil prices, which could negatively impact the company's earnings and cash flow.
- Advanced Micro Devices (NASDAQ:AMD) - Buy with a 15% upside potential based on the current price of $86.79 and a Zacks Rank #2 (Buy). The company is expected to report earnings per share of $0.43, beating the consensus estimate by $0.04 or 10.0%. Advanced Micro Devices has a positive Earnings ESP of +5.88% and a strong price performance in the last quarter with a return of 27.3%. The stock has a low P/E ratio of 26.96 and a high dividend yield of 1.04%, making it attractive for growth investors. The main risk factor is the competition from Intel (NASDAQ:INTC) and NVIDIA (NASDACE:NVDA), which could erode its market share and profit margins.