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The Hottest Tech and Chinese Stock Earnings Charts This Week

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Did you think earnings season was over because the FAANG has already reported?

There are still plenty of companies yet to report, including the hot cannabis companies, the big cap retailers and several technology titans.

Several of the tech companies have excellent earnings surprise track records with perfect, or near perfect, five-year earnings surprise records.

It’s not easy to beat every quarter for 5 years. There are only a couple dozen companies who can say they have this record. While prior beats don’t necessarily mean the company will beat in the future, I certainly like my chances better when they have a history of doing it.

Will these 5 companies keep up their streaks?

5 Hot Tech and Chinese Stock Earnings Charts

1.    Cisco (CSCO - Free Report) has a great track record. It hasn’t missed since 2015, when Zacks records began. While Cisco is often overlooked among the FAANG investors, the stock is actually up 15% year-to-date. Will another beat give the shares even more momentum?
2.    NetEase (NTES - Free Report) is a Chinese Internet and gaming company. It has beat 3 out of the last 4 quarters but shares are down 37% year-to-date on worries over a Chinese recession. Will another beat even matter?
3.    Nvidia (NVDA - Free Report) has been a superstar stock for 3 years now but shares have fallen 15% over the last month, proving that even the hottest stocks take breaks. It has a great track record of beating, having done so every quarter but one since 2015. Is the ride finally over?
4.    Applied Materials (AMAT - Free Report) was riding the wave of the semiconductors stocks until 2018 when shares have now reversed course and fallen 36%. Still, it has a great earnings surprise track record. It hasn’t missed in over 5 years. Will another beat matter?
5.    Huazhu (HTHT - Free Report) which was formerly known as China Lodging, is one of China’s largest hotel companies. Shares have fallen 29% year-to-date on fears of a Chinese slowdown, which means the consumer will be spending less on travel and leisure. Should investors start looking at the Chinese stocks here or is further weakness still to come?

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