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We recently published a list of 10 Firms Lead Rally on Impressive Q1 Earnings, Optimistic Outlooks. In this article, we are going to take a look at where CNH Industrial N.V. (NYSE:CNH) stands against other top performers on Thursday.
The stock market ended strong anew on Thursday, with all major indices finishing in the green territory, as investor sentiment was bolstered by a flurry of corporate earnings supported by better-than-expected performance from the technology giants.
The tech-heavy Nasdaq led the rally among all major indices, finishing up 1.52 percent. The S&P 500 clocked in a 0.63-percent gain, while the Dow Jones was up by 0.21 percent.
Ten companies also mimicked the broader market optimism following impressive earnings performance and an optimistic outlook for the rest of the year.
In this article, we have identified the 10 top performers on Thursday and detailed the reasons behind their gains.
To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.
CNH Industrial N.V. (NYSE:CNH)
CNH Industrial grew its share prices by 7.26 percent on Thursday to finish at $12.41 apiece as investors cheered the company’s analyst estimates beat despite posting dismal performance in the first quarter of the year.
In its latest earnings release, CNH Industrial N.V. (NYSE:CNH) announced a 64-percent drop in net income during the quarter, at $132 million versus the $369 million in the same period last year, weighed down by lower shipment volumes in agriculture and construction.
Consolidated revenues dropped by 21 percent to $3.8 billion from $4.8 billion year-on-year as a result of lower industry demand.
Earnings per share stood at 10 cents, beating analyst estimates of 9 cents per share.
Looking ahead, CNH Industrial N.V. (NYSE:CNH) expects global industry retail sales to remain lower in both the agriculture and construction equipment industries as compared with 2024. To mitigate risks, the company said it would focus on driving down excess channel inventory primarily by producing fewer units than the retail demand level.
“Therefore, 2025 net sales will be lower than in 2024,” it underscored.
Overall, CNH ranks 6th on our list of top performers on Thursday. While we acknowledge the potential of CNH as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CNH but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.