(PRO Views are exclusive to PRO subscribers, giving them insight on the news of the day direct from a real investing pro. See the full discussion above.) While the bulk of earnings season is in the rearview mirror, Jay Woods, chief market strategist at Freedom Capital Markets, sees a few key releases for investors this week. Nearly 97% of S & P 500 companies have reported earnings this quarter, according to FactSet. Of those, about 85% have surpassed Wall Street’s expectations. Here’s some of the names on Woods’ radar that are posting results this week: Broadcom Woods said Broadcom broke out ahead of its report in a similar fashion to Nvidia . Because of that, he said the chipmaker will need to both beat expectations for earnings and raise the outlook to avoid a pullback. “Is it a breakout or a fakeout?” Woods said. Investors should watch for the $410 to $415 per share range as a good place to buy if shares slide after earnings. If the stock continues rallying, he said it could hit $500 within a few weeks. Broadcom has surged more than 32% so far in 2026 and has climbed almost 89% over the last 12 months. Most analysts polled by LSEG have a buy rating, with the typical price target suggesting shares can rise another 3.2%. AVGO 1Y mountain Broadcom, 1-year GitLab While GitLab has struggled this year, Woods said the stock broke a downtrend last week. Shares could face resistance at the $33 and $37 price levels, Woods said. But if those are surpassed, the strategist said shares can run up to $46 per share. GitLab was last trading around $33 a share, up almost 7% on the day. “We’ve seen a lot of these software stocks come back,” Woods said. “If this gives us a little momentum, they move … quickly.” Despite an advance in Monday’s session, GitLab shares are still down more than 11% year to date. Wall Street doesn’t expect a rebound on the horizon: The average analyst has a hold rating and anticipates a pullback of more than 2%, per LSEG. Five Below Outside tech, Woods said he’s monitoring value-focused retailer Five Below . Woods cited executive commentary from Dollar Tree last week about the environment benefitting discount retailers offers reason for optimism. The stock could jump to $270 if it breaks past the $238 level. It has support at $210 per share. FIVE 1Y mountain Five Below, 1-year “The stock is in a range, but it’s at the high end of the range and possibly on the verge of a breaking out,” Woods said. Five Below shares have added around 20% in 2026, building on last year’s gain of more than 79%. The typical price target on Wall Street forecasts the stock adding more than 12% in the next 12 months, per LSEG. Most analysts polled have a buy rating. (Watch full video above.) The veteran trader also hits on the following topics: What the May jobs report due Friday can tell investors. Why it’s a big week for the IPO market. (This weekly video is exclusively for CNBC PRO subscribers.)
