Strength --across the board-- in the earnings reports in the second quarter is evident in the high number of Very Attractive Sectors in the month of August. Info Tech, Consumer Discretionary and Consumer Staples, Industrials, Health Care (5 of 10 sectors); all of these are Very Attractive.  And Materials is Attractive. This is remarkable, and something I haven’t seen in some time. But reading broadly, it is confirmed. This is the story of this earnings season. The earnings beats are coming in very strong. They are falling into every sector we separate out and look at.  

(1) Info Techmaintains its Very Attractive rating. It is the Semis (no surprise) and Computer-Software-Services leading the charge now. Misc. Tech also helps the sector.

Zacks #1 Rank (STRONG BUY) Stock Pick: Micron Technology (MU)

Micron Technology, Inc. has established itself as one of the leading worldwide providers of semiconductor memory solutions. 

(2)Consumer Discretionary stays Very Attractive. The industry leaders are Home Furnishing-Appliance (very best of all), Autos/Tires/Trucks, and Other Consumer Discretionary. 

Zacks #1 Rank (STRONG BUY) Stock Pick: Electrolux AB (ELUXY)

Electrolux ABmanufactures appliances and outdoor and industrial products.

The Company produces household and commercial appliances, vacuum cleaners and other floor care machines, sewing machines, chain saws, lawn mowers, weed eaters, aluminum extrusions, conveyor systems and archive systems and recycles scrap metals and waste paper. Products are sold in Europe, North America and Asia.

(3) Health Careis back to a traditional Very Attractive rating. The leader is Medical Care again.

Zacks #1 Rank (STRONG BUY) Stock Pick: Fresenius SE & Co. (FSNUY)

Fresenius SE & Cois a Bad Homburg, Germany health care company. It offers products and services for dialysis, hospitals and outpatient treatment.