This week, several of the FANG and high growth technology stocks will be reporting earnings.
And while their shares may be up big, that doesn’t mean they are earnings all-stars. In fact, one of them misses on the earnings more than it beats.
But investors have proven that they don’t really care about the earnings miss or beat with these companies. They look at other metrics, including revenue, profitability and number of users added in the quarter.
Which of the FANG stocks should you be betting on during earnings season?
The Best of the High Growth Earnings Charts
Twitter (actually has an excellent earnings track record. It hasn’t missed since its 2013 IPO and has posted big EPS beats. But shares remained mired near multi-year lows. TWTR - Free Report)
Alphabet (has the worst track record of the FANG stocks. It usually misses on earnings but investors don’t care. Is this the ultimate Teflon stock? GOOGL - Free Report)
Facebook (has put together a string of 7 beats in a row. It has one of the best-looking charts of the FANG stocks. Continued Instagram growth is key. FB - Free Report)
Amazon (used to miss nearly every quarter until the Cloud burst on the scene. Since 2015, it has missed earnings only twice. Can it keep up its recent winning streak? AMZN - Free Report) [In full disclosure, the author of this article owns GOOGL, FB and AMZN in her personal portfolio.] Want to Learn How to Trade Options?
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