The FAANG stocks have all reported earnings but that doesn’t mean that earnings season is over. Far from it.
This week, there are over 900 companies reporting, including many small and mid-cap names.
These are companies you know, and may even own, across a wide range of industries including retail, pharmaceuticals, technology, social media and energy.
But with all those companies reporting, which ones should you be keeping an extra close eye on?
5 Earnings Charts to Watch This Week
1. E.L.F. Beauty ELF hasn’t missed since its 2016 IPO. Impressive. But the shares have sunk to new post-IPO lows and are down 35% in 2018. Is this a buying opportunity?
2. MercadoLibre MELI is the largest online retailer in Central and South America. However, it has missed four quarters in a row as Amazon has arrived in Mexico and is offering free shipping. Can MercadoLibre compete?
3. Angie’s List ANGI has missed 3 quarters in a row but the shares have moved higher anyway. Shares are up 40% year-to-date. Can it keep this momentum even if it misses again?
4. Funko FNKO is a trendy toy company that recently signed an agreement to make Fortnite toys for the holidays. It hasn’t missed since its 2017 IPO and shares are soaring going into the report. It has a forward P/E of just 30. Is it too hot to handle?
5. Planet Fitness PLNT has defied naysayers since its 2015 IPO. It hasn’t missed in that entire time and shares are trading near new all-time highs. They are up another 48% year-to-date. Shares trade with a forward P/E of 41. Is it now priced for perfection?
[In full disclosure, the author of this article owns shares of FNKO in her personal portfolio.]
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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MercadoLibre, Inc. (MELI) : Free Stock Analysis Report
Angie's List, Inc. (ANGI) : Free Stock Analysis Report
e.l.f. Beauty Inc. (ELF) : Free Stock Analysis Report
Planet Fitness, Inc. (PLNT) : Free Stock Analysis Report
Funko, Inc. (FNKO) : Free Stock Analysis Report
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