Goldman Sachs highlighted five companies that have more room to run following their latest quarterly earnibgs reports. The Wall Street investment bank says stocks like Shake Shack have plenty of upside ahead. Other buy-rated names include: Tyson Foods, FMC, Match Group and Woodward. FMC Corporation Buy the dip in shares of the chemical maker, analyst Duffy Fischer wrote recently. FMC is coming off a solid second quarter earnings report with Fischer expecting a host of near-term catalysts. Fischer says FMC has been unfairly punished by investors as price headwinds persist amid high expectations. “With the strategic inventory reduction complete, we believe the biggest lift of the turnaround is complete and the stage is set for a sharp inflection in growth in 2H,” he wrote. Still, Fischer warned that investors will need to see sequential improvements in future quarters in order for the stock to work. “We still believe the risk/reward in FMC from here is favorable given its relative underperformance vs. the ag space,” he went on. The stock is down 25% this year through Friday. Tyson Foods The turnaround is underway at the poultry company, according to Goldman. Analyst Leah Jordan says Tyson’s fiscal third-quarter earnings report earlier this week is giving her “renewed confidence” in the stock. In particular, Jordan believes Tyson’s “diversified protein model and better execution” bolsters her bullish thesis. In addition, beef is improving with “strength in chicken, pork, and prepared foods supporting the near-term,” she added. Jordan raised her price target to $68 per share from $67. The stock is 9% higher this month. “All in, this increased visibility on where we are in the beef cycle remains constructive on the longer term earnings improvement opportunity for TSN,” Jordan went on. Woodward The aerospace components manufacturer industry is firing on all cylinders, analyst Noah Poponak said after Woodward’s fiscal third quarter earnings report. “WWD had a solid quarter, beating consensus on revenue, segment EBIT and EPS, while raising full-year earnings guidance,” he wrote. Poponak says Fort Collins, Colo.-based Woodward has a first mover advantage “given its large content gains on growth programs in the industry, on top of a core diversified component business, with margin expansion.” Meanwhile shares of the company have already soared 49% this year. Yet Woodward still offers “continued momentum in [a] multi-pronged growth story,” Poponak said. FMC “Stage set for meaningful growth inflection in 2H. … .We still believe the risk/reward in FMC from here is favorable given its relative underperformance vs. the ag space … the strategic inventory reduction complete, we believe the biggest lift of the turnaround is complete and the stage is set for a sharp inflection in growth in 2H.” Tyson We came away from the quarter with renewed confidence in TSN’s diversified protein model & better execution, with strength in chicken, pork, & prepared foods supporting the near-term, while visibility into longer term cyclical recovery in beef continues to improve with herd retention now underway … All in, this increased visibility on where we are in [the] beef cycle remains constructive on the longer term earnings improvement opportunity for TSN.” Match Group “While this quarter highlighted positive signs around progress on registrations & user outcomes, investor focus will likely remain anchored around a few key themes: execution on key initiatives at Tinder, operating margins within the business and the balance between growth investments in the near- to medium term against financial targets provided at MTCH’s 2024 Investor Day…” Woodward “Continued momentum in multi-pronged growth story … WWD had a solid quarter, beating consensus on revenue, segment EBIT and EPS, while raising full-year earnings guidance … WWD remains unique in the aerospace supply chain given its large content gains on growth programs in the industry, on top of a core diversified component business, with [profit] margin expansion. ” Shake Shack “…[W]e believe that the company continues to make the right investments to generate durable positive traffic (culinary innovation and incremental marketing spend) and [restaurant-level margin] expansion and see further upside via sustained [double digit percentage] unit growth (with new units opening stronger). The investments come with a near-term cost but we believe ultimately are necessary to compete in the current environment.”