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The 5 Hottest Earnings Charts This Week

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This is the busiest week of earnings season with over 1000 companies reporting including many big cap glamour names.

Out of that bunch, these 5 stocks are the hottest names on the Street. Some have pulled back during this market sell off and others are still hanging onto most of their gains. Will they continue to have momentum after they post earnings?

Most have great earnings surprise track records including one that hasn’t missed on earnings since its 2015 IPO.

Can they keep up their earnings surprises this quarter? And with these market conditions, will it matter?

The 5 Hottest Earnings Charts This Week

1.    Facebook is the only one of the five stocks that is coming off a miss last quarter. Shares have plunged on fears about rising costs, regulations and a slowdown in growth. Is the sell-off overdone? Facebook now trades with a forward P/E of just 20.

2.    Estee Lauder (EL - Free Report) has missed only once in the last 5 years, back in 2014. Shares peaked at new highs earlier in 2018 but have since pulled back. Is this just a pause or are the good times over?

3.    Apple (AAPL - Free Report) has missed only one time in the last 5 years, back in 2016. It’s one of the few tech titans whose shares are still trading near their 5-year highs. Can it continue to ignore the market pullback and rise to greater heights?

4.    Weight Watchers (WTW - Free Report) was one of the hottest stocks of 2017 and early 2018. It has beat 8 quarters in a row and has grown its subscribers by the double digits during that time. But it now faces tougher year-over-year comparables. Shares have come off the recent highs. It now trades with a forward P/E of 21. Is it a growth bargain?

5.    Shake Shack (SHAK - Free Report) hasn’t missed since it’s 2015 IPO. That’s impressive. Wall Street will be more concerned with labor and commodities costs, however, as a tight job market is making it difficult in the industry to keep good employees. It’s been on a big growth spurt, opening up dozens of new restaurants but with a forward P/E of 81, is it too hot to handle?

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

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