Goldman Sachs has identified a selection of top-performing stocks following their second-quarter earnings reports, signaling strong buy opportunities. The investment bank champions companies such as Loar Holdings, Toast, MasTec, Quanta Services, and Stubhub, citing compelling growth trajectories, robust financials, and attractive risk-reward profiles. These recommendations underscore Goldman’s confidence in their continued market outperformance.
Following a robust second-quarter earnings season, Goldman Sachs has pinpointed several companies it believes offer significant upside potential. The investment bank's analysts highlight these stocks as prime investment opportunities, affirming their 'buy' ratings and outlining key catalysts for future growth.
Loar Holdings (Ticker: LOAR)
Analyst Noah Poponak maintains his conviction buy rating on the aerospace and defense component parts company, citing its strong Q2 performance. Poponak notes that Loar's 2026 guidance for revenue, EBITDA, and EPS all surpass consensus estimates. Goldman Sachs also sees "strong growth across the end-markets, new business win potential, margin expansion opportunity, high free cash conversion and deployment towards accretive acquisitions." Loar shares have climbed 14% this year, reinforcing its position on Goldman's prestigious conviction buy list. Poponak anticipates "upside to near-term estimates for this long-term compounder."
Toast (Ticker: TOST)
Analysts led by Will Nance were particularly impressed by the fintech restaurant company's recent earnings. While some investors might be wary of the company's investment spending, Goldman Sachs believes these fears are overstated. "However, we think TOST management did a good job tempering that message with the upbeat commentary around structurally higher margins in the business going forward..." the analysts stated. Nance further highlighted positive catalysts such as improved visibility with customer acquisition costs and growing subscriptions for the company's AI-powered marketing platform, Toast IQ Grow. "With shares now pricing in significant growth related investments and depressed margins in hardware in the near term, we believe the risk reward is positive and remain Buy rated," Goldman concluded. The stock has risen 16% over the past month.
MasTec (Ticker: MTZ)
Following MasTec's mixed quarterly report, analyst Neil Mehta advises investors to "buy the dip." Goldman Sachs asserts that the infrastructure and engineering company is strategically positioned to capitalize on the booming data center buildout. Mehta wrote, "As we look longer-term, we expect MTZ to continue winning key projects, particularly in pipelines and infrastructure, supporting EBITDA margin expansion and an EPS [compound annual growth rate] between 2025-2030 of ~17%." Despite a lowered price target from $508 to $409 per share, the bank maintains its belief in the stock's potential. Mehta emphasized, "Amid continued focus on margin growth for MTZ, we see the inclusion of large projects over the long-term on both the pipelines and infrastructure sides of the business as main drivers of EBITDA margin expansion." MasTec's stock has seen a 37% increase this year.
Quanta Services (Ticker: PWR)
Goldman Sachs continues to view Quanta Services as a primary beneficiary of the surging power demand theme. The firm estimates an impressive EPS CAGR between 2026-2030 of approximately 19.5%, driven by sustained growth across both its Electric and Underground & Infrastructure businesses.
Stubhub (Ticker: STUB)
Shifting focus beyond any short-term market reactions or debates regarding its guidance, Goldman Sachs reiterates its Buy rating on Stubhub, with a 12-month price target of $16. The bank frames Stubhub as being "positively levered to the large and growing ticketing market opportunity," indicating significant potential for future gains within this expanding sector.
