The results season is in full swing: Tips from top Wall Street analysts

Earnings season is in full swing, and the results of tech giants and industry leaders have a significant impact on the direction of the market. While these updates provide key insights into the performance of individual companies, investors should keep in mind that their investment decisions should not be based solely on one quarter's results.

Instead, they can consider the recommendations of leading Wall Street analysts who conduct in-depth analysis of company fundamentals and can thus identify stocks with solid long-term growth potential.

Here are three stocks that are favorites of top professionals, according to TipRanks, a platform that rates analysts based on their past performance.

Alphabet $GOOG

The first stock recommended is Google. The company recently reported second-quarter results that showed strength in its search and cloud business. However, YouTube ad revenue growth slowed and fell short of analysts' expectations.

Following the results announcement, BMO Capital analyst Brian…