Back to top
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
JPMorgan Chase & Co. (JPM) - free report >>
Citigroup Inc. (C) - free report >>
Johnson & Johnson (JNJ) - free report >>
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.
JPMorgan Chase & Co. (JPM) - free report >>
Citigroup Inc. (C) - free report >>
Johnson & Johnson (JNJ) - free report >>
5 Charts to Kick-Off Earnings Season
Welcome back. The third quarter earnings season is now upon us.
It’s time to buckle up.
While it starts off quietly, with just about 80 companies expected to report, the opening week includes many of the large banks and companies in a host of important industries and sectors.
Reporting this week will be leaders in banking, transportation, manufacturing, health insurance, retail, medical products and energy.
Will they meet earnings expectations?
What are they seeing with the pandemic recovery?
And more importantly, will more companies provide guidance for the rest of 2020 or 2021?
This is another important earnings season.
These are the companies to watch.
5 Must-Watch Stocks to Kick-Off Earnings Season
1. JPMorgan Chase (JPM - Free Report) has a good earnings surprise record and has beat 3 out of the last 4 quarters. Shares are up 6.8% over the last 3 months but remain well off their pre-COVID highs. It remains down 26% year-to-date. It’s trading with a forward P/E of 15.6.
2. Citigroup (C - Free Report) hasn’t missed in 5 years. That’s impressive. Shares are still down 42% year-to-date. It’s cheap, on a P/E basis, with a forward P/E of just 12.
3. Johnson & Johnson (JNJ - Free Report) has a great earnings surprise track record. It has a perfect record over the last 5 years. Shares are trading near 5-year highs, up 4.5% year-to-date. Can it break out to new highs after this report?
4. Delta (DAL - Free Report) is coming off a rare earnings miss last quarter. It has only missed 3 times in the last 5 years. But the miss/beat isn’t really the story with the airlines. When will business start to come back? Shares are still down 44% year-to-date. Is the bottom in?
5. Fastenal (FAST - Free Report) has beat 3 out of the last 4 quarters. Manufacturing has recovered quickly from the spring COVID lock downs which should mean good news for Fastenal. Shares are up 29.9% year-to-date and were recently at 5-year highs. Is another breakout coming?
Zacks’ 2020 Election Stock Report: In addition to the companies you learned about above, we invite you to learn more about profiting from the upcoming presidential election. Trillions of dollars will shift into new market sectors after the votes are tallied, and investors could see significant gains. This report reveals specific stocks that could soar: 6 if Trump wins, 6 if Biden wins. Check out the 2020 Election Stock Report >>