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The 5 Best Charts to Start Earnings Season

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Fourth quarter earnings season is officially here and Wall Street is giddy with anticipation.

After what looks to be a solid holiday season, the economy also appeared to heat up by the end of the year.

While the tax cuts won’t impact fourth quarter numbers, most companies will certainly be giving new 2018 guidance based on those impacts.

Just how hot is the economy right now? And can the small cap companies finally break out?

Four out of the five companies highlighted here are from two of the hottest industries of 2017. Their charts are impressive.

Will they beat again? And can they keep up 2017 momentum? Or will new industries take their place as “hottest” in 2018?

5 Best Charts to Start Earnings Season

1.    SYNNEX (SNX - Free Report) has only missed once in five years. While the chart is choppy, the stock has been moving in the right direction over the last 5 years. Shares are now near the 5-year highs.

2.    Lennar (LEN - Free Report) hasn’t missed in five years. Shares really took off in late 2017, soaring to new 5-year highs. With mortgage rates still low but the job market and economy hot, that makes for a potent combination for the home builders.

3.    KB Home (KBH - Free Report) doesn’t have quite the same beat record as Lennar but it has still beat the consensus 7 quarters in a row. Shares soared in 2017, as this stock was one of the hottest of 2017. Will it stay in favor in 2018?

4.    Progress Software (PRGS - Free Report) has beat four quarters in a row. Shares soared in 2017 and now trade near their 5-year highs.

5.    Delta (DAL - Free Report) has missed just twice in 5 years but shares are stalled. This is the first of the airlines, or the transports, in general, to report this quarter. Watch for discussion of capacity and rising fuel prices.

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