The Hottest Earnings Charts This Week
There are over 800 companies reporting earnings this week but the focus will really be on the hot big cap stocks, including some Dow components.
While FANG stocks like Amazon and Facebook will take up a lot of oxygen, investors shouldn’t overlook a dozen big cap stocks that are also on everyone’s radar.
Many of these companies have beat the Zacks Consensus Estimate consistently over the past 5 years. That’s not easy to do.
Several of them are also trading near new multi-year highs. Are they too hot to handle?
The Hottest Earnings Charts This Week
1. Edwards Lifesciences EW has only missed one time in the last 5 years. That’s an impressive track record. Shares have busted out to new 5-year highs heading into the report. Can it keep the momentum?
2. Boeing BA has missed only once in 5 years but shares were going nowhere until they soared in 2017. Shares have pulled back after hitting new highs in January 2018. Can they get their mojo back and return to new highs?
3. Visa V has one of the best charts on The Street. Period. It hasn’t missed in over 5 years and shares continue to trade near all-time highs. Will another beat put it in a new level?
4. PayPal PYPL hasn’t missed since the 2015 IPO when it was spun-off from eBay. Worries over revenue now that its agreement with eBay has changed have kept the shares in a narrow trading range in 2018. Can it appease investor fears this quarter?
5. Chipotle CMG beat last quarter but shares still trade near 5-year lows. It’s really about same-store-sales with the restaurant chains. Last quarter, for the first time in several years, it posted strong SSS numbers. Will it build on that momentum this quarter? Is Chipotle “back”?
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
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PayPal Holdings, Inc. (PYPL) : Free Stock Analysis Report
The Boeing Company (BA) : Free Stock Analysis Report
Edwards Lifesciences Corporation (EW) : Free Stock Analysis Report
Chipotle Mexican Grill, Inc. (CMG) : Free Stock Analysis Report
Visa Inc. (V) : Free Stock Analysis Report
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