We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Second quarter earnings season has now officially begun.
While the first week is always focused on the big banks like JPMorgan Chase and Bank of America, there are also dozens of other companies reporting in numerous industries this week which will give investors a good look at what is happening in the US with the coronavirus recovery.
These 5 companies are in key industries including pharmaceuticals, restaurants, industrials and transportation.
Are they seeing a recovery in their businesses?
Will they give third quarter, or full year, guidance?
5 Companies to Watch for the Coronavirus Recovery • Abbott Laboratories (ABT - Free Report) hasn’t missed in 5 years. That’s an impressive streak. Shares have recovered all of their coronavirus sell-off losses, and then some, as they’re up 11% year-to-date. They’re not cheap, however, with a forward P/E of 33. Are the drug makers still a “safe” play? • Johnson & Johnson (JNJ - Free Report) also hasn’t missed in 5 years. Shares have rallied off of coronavirus lows and are up 2% year-to-date. But is all the good news already priced in? • Domino’s (DPZ - Free Report) was already one of the leaders in the restaurant industry in same-store-sales going into the pandemic. But with in-restaurant dining suspended in many states, consumers took to Domino’s easy delivery app for Friday night family dinner. Domino’s has only missed once in the last 4 years. Shares are up 41% year-to-date and now trade with a forward P/E of 35. Is it too hot to handle or is it the perfect company for the times? • PPG Industries (PPG - Free Report) is in the coatings business. If you want to know what’s happening in the industrials, you should tune it. It’s missed the last 2 quarters but shares have rebounded 24% over the last 3 months. Is the recovery priced in? • Kansas City Southern is the first railroad set to report earnings this quarter. It has beat 6 quarters in a row. Kansas City Southern is unique because it has rails both in the US and inside Mexico. Shares are up 1.7% year-to-date. Will it continue its earnings surprise streak?
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
Image: Bigstock
5 Earnings Charts for the Coronavirus Recovery
Second quarter earnings season has now officially begun.
While the first week is always focused on the big banks like JPMorgan Chase and Bank of America, there are also dozens of other companies reporting in numerous industries this week which will give investors a good look at what is happening in the US with the coronavirus recovery.
These 5 companies are in key industries including pharmaceuticals, restaurants, industrials and transportation.
Are they seeing a recovery in their businesses?
Will they give third quarter, or full year, guidance?
5 Companies to Watch for the Coronavirus Recovery
• Abbott Laboratories (ABT - Free Report) hasn’t missed in 5 years. That’s an impressive streak. Shares have recovered all of their coronavirus sell-off losses, and then some, as they’re up 11% year-to-date. They’re not cheap, however, with a forward P/E of 33. Are the drug makers still a “safe” play?
• Johnson & Johnson (JNJ - Free Report) also hasn’t missed in 5 years. Shares have rallied off of coronavirus lows and are up 2% year-to-date. But is all the good news already priced in?
• Domino’s (DPZ - Free Report) was already one of the leaders in the restaurant industry in same-store-sales going into the pandemic. But with in-restaurant dining suspended in many states, consumers took to Domino’s easy delivery app for Friday night family dinner. Domino’s has only missed once in the last 4 years. Shares are up 41% year-to-date and now trade with a forward P/E of 35. Is it too hot to handle or is it the perfect company for the times?
• PPG Industries (PPG - Free Report) is in the coatings business. If you want to know what’s happening in the industrials, you should tune it. It’s missed the last 2 quarters but shares have rebounded 24% over the last 3 months. Is the recovery priced in?
• Kansas City Southern is the first railroad set to report earnings this quarter. It has beat 6 quarters in a row. Kansas City Southern is unique because it has rails both in the US and inside Mexico. Shares are up 1.7% year-to-date. Will it continue its earnings surprise streak?
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>