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The Fabulous Earnings Charts of the 5 Hottest Tech Stocks

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This is the earnings week that investors anticipate with bated breath. 

Among the 800 companies reporting earnings this week are some of the hottest technology names, including several of the FAANG stocks.

Not only are these stocks breaking out to new 52-week highs, several are hitting new all-time highs as they head into their earnings reports.

They are red hot.

Will their earnings reports propel them to new heights?

5 Tech Stocks Poised to Break Out Again

1.    Alphabet (GOOGL - Free Report) has beat 4 out of the last 5 quarters. It only has so-so earnings beat track record, but the Street hasn’t much cared as the shares are trading near a new all-time high.

2.    Facebook has put together a nice run of earnings beats, posting 11 of them in a row. Impressive. Shares have bounced back off the recent privacy concerns to trade at new highs. Are they priced for perfection?

3.    PayPal (PYPL - Free Report) is often glossed over for its more famous siblings, but it has the best track record out of them all. It hasn’t missed since 2015 when it was spun off from eBay. Shares stalled earlier in the year but they are again hitting new all-time highs.

4.    Amazon (AMZN - Free Report) has beat 3 quarters in a row but it was never about the miss or the beat. Shares continue to soar but are investors getting ahead of the story?

5.    Twitter has staged a remarkable turnaround. Once left for dead by investors, it now trades at new multi-year highs although it hasn’t yet retaken the IPO highs. It has a great record of beating, having done so since 2015. Will Twitter surprise the Street again this quarter?

[In full disclosure, the author of this article owns shares of GOOGL, FB and AMZN in her personal portfolio.]

 

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Amazon.com, Inc. (AMZN) - free report >>

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PayPal Holdings, Inc. (PYPL) - free report >>