Fourth quarter earnings season is winding down for the large caps, and it's safe to say that this season has been fairly decent overall. Approximately 67% of companies in the S&P have delivered positive earnings surprises, with a median surprise of +3.2%.
But if you look at the data, clearly some sectors fared better than others. Technology, Construction, Autos and Consumer Staples have been strong, while Industrial Products, Basic Materials and Utilities have been relatively weak.
(To see in depth data on Q4 earnings season, check out the Zacks Earnings Trends report.)
In terms of price performance, however, Conglomerates, Autos, Transportation (specifically Airlines), Finance and Consumer Discretionary have been the best performers while Utilities and Energy have lagged.
With this in mind, which sectors do you expect to outperform the broader market over the next 3 months? Which do you think will underperform?
Here at Zacks, we divide the market into 16 different sectors:
1. Consumer Staples
2. Consumer Discretionary
3. Retail - Wholesale
4. Medical
5. Autos
6. Basic Materials
7. Industrial Products
8. Construction
9. Conglomerates
10. Technology
11. Aerospace
12. Oil - Energy
13. Finance
14. Utilities
15. Transportation
16. Business Services
Here is my vote:
Outperform: 2, 5, 10
Underperform: 6, 7
Chime in below.
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Fourth quarter earnings season is winding down for the large caps, and it's safe to say that this season has been fairly decent overall. Approximately 67% of companies in the S&P have delivered positive earnings surprises, with a median surprise of +3.2%.
But if you look at the data, clearly some sectors fared better than others. Technology, Construction, Autos and Consumer Staples have been strong, while Industrial Products, Basic Materials and Utilities have been relatively weak.
(To see in depth data on Q4 earnings season, check out the Zacks Earnings Trends report.)
In terms of price performance, however, Conglomerates, Autos, Transportation (specifically Airlines), Finance and Consumer Discretionary have been the best performers while Utilities and Energy have lagged.
With this in mind, which sectors do you expect to outperform the broader market over the next 3 months? Which do you think will underperform?
Here at Zacks, we divide the market into 16 different sectors:
1. Consumer Staples
2. Consumer Discretionary
3. Retail - Wholesale
4. Medical
5. Autos
6. Basic Materials
7. Industrial Products
8. Construction
9. Conglomerates
10. Technology
11. Aerospace
12. Oil - Energy
13. Finance
14. Utilities
15. Transportation
16. Business Services
Here is my vote:
Outperform: 2, 5, 10
Underperform: 6, 7
Chime in below.