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This is an active week for earnings with over 550 companies expected to report.
Alphabet was the last of the FAANG stocks to report earnings, but that doesn’t mean many hot growth stocks won’t be reporting this week. Several of the hottest retailers, restaurants and communications companies are reporting.
These 5 companies have solid earnings surprise track records and they’ve been off to a hot start in 2020.
Several of them are at, or close to, their 5-year highs.
Can their hot streaks continue?
5 Hot Earnings Charts to Watch This Week
1. Snap Inc. (SNAP - Free Report) has only missed one time since its 2017 IPO. That’s an impressive track record. The shares are well off their lows and have surged 171% in the past year. Can it keep the momentum?
2. Match Group (MTCH - Free Report) operates online dating sites like Match.com and Tinder. It has beat 7 quarters in a row. Shares hit new all-time highs in 2020 and are up about 50% in the last year. Is there more fuel in the tank?
3. Chipotle (CMG - Free Report) is back from its PR disaster and is again posting comparable-store-sales up double digits. It has beat 8 quarters in a row. Shares are up 66% over the last year. It trades with a forward P/E of 48, which isn’t exactly cheap. Is it priced for perfection?
4. Boot Barn (BOOT - Free Report) is one of the hottest retailers in the United States. It already pre-reported its third quarter sales results with same-store-sales up 6.7%, on top of a 9.2% comp a year ago. Who said retail is dead? It has beat 9 quarters in a row and shares are near 5-year highs.
5. Spotify (SPOT - Free Report) has been volatile since its 2018 IPO. In addition to music, it has been throwing its heft behind podcasts. Will it pay off? It has beat 3 out of the last 4 quarters.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.7% per year. So be sure to give these hand-picked 7 your immediate attention.
5 Hot Earnings Charts
This is an active week for earnings with over 550 companies expected to report.
Alphabet was the last of the FAANG stocks to report earnings, but that doesn’t mean many hot growth stocks won’t be reporting this week. Several of the hottest retailers, restaurants and communications companies are reporting.
These 5 companies have solid earnings surprise track records and they’ve been off to a hot start in 2020.
Several of them are at, or close to, their 5-year highs.
Can their hot streaks continue?
5 Hot Earnings Charts to Watch This Week
1. Snap Inc. (SNAP - Free Report) has only missed one time since its 2017 IPO. That’s an impressive track record. The shares are well off their lows and have surged 171% in the past year. Can it keep the momentum?
2. Match Group (MTCH - Free Report) operates online dating sites like Match.com and Tinder. It has beat 7 quarters in a row. Shares hit new all-time highs in 2020 and are up about 50% in the last year. Is there more fuel in the tank?
3. Chipotle (CMG - Free Report) is back from its PR disaster and is again posting comparable-store-sales up double digits. It has beat 8 quarters in a row. Shares are up 66% over the last year. It trades with a forward P/E of 48, which isn’t exactly cheap. Is it priced for perfection?
4. Boot Barn (BOOT - Free Report) is one of the hottest retailers in the United States. It already pre-reported its third quarter sales results with same-store-sales up 6.7%, on top of a 9.2% comp a year ago. Who said retail is dead? It has beat 9 quarters in a row and shares are near 5-year highs.
5. Spotify (SPOT - Free Report) has been volatile since its 2018 IPO. In addition to music, it has been throwing its heft behind podcasts. Will it pay off? It has beat 3 out of the last 4 quarters.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.7% per year. So be sure to give these hand-picked 7 your immediate attention.
See 7 handpicked stocks now >>