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This Week's 5 Red-Hot Earnings Charts

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Earnings season isn’t over yet.

There are over 550 companies expected to report earnings this week including many retailers and tech companies.

Which companies have the hottest earnings charts?

These 5 companies have excellent earnings surprise track records and their shares are trading near or at multi-year highs.

They’ve been big winners in this pandemic economy.

Can they keep their momentum as the vaccines roll out and the global economy reopens?

This Week’s 5 Red-Hot Earnings Charts

1.    Zoom Video Communications, Inc. (ZM - Free Report) has not missed since it’s 2019 IPO. It’s been one of the biggest pandemic winners, with shares up over 400% at one point, but shares have weakened as the vaccine has rolled out. Has revenue peaked with the pandemic?

2.    Target Corporation (TGT - Free Report) has beat 8 quarters in a row. Shares are up 75% over the last year and are trading near 5-year highs. It’s trading with a forward P/E of 20. Is all the good news priced in?

3.    Veeva Systems Inc. (VEEV - Free Report) hasn’t missed in 5 years. Impressive. Shares of this cloud-based software provider for the global life sciences industry are up 95% in the last 12 months. It has one of the best charts of the week. Is it too hot to handle?

4.    Ambarella, Inc. (AMBA - Free Report) hasn’t missed in five years either. It’s an amazing earnings surprise track record. Shares had been trading in a narrow trading range for years but finally broke out over the past 6 months to 5- year highs, adding 94%. Is this break out for real?

5.    Big 5 Sporting Goods Corporation (BGFV - Free Report) has beat 2 out of the last 4 quarters. The sporting goods retailers have been red-hot during the pandemic. Big 5 Sporting Goods shares have soared over 500% over the last year. Is all the good news priced in?

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