Back to top

Image: Bigstock

5 Stocks on an Earnings Hot Streak

Read MoreHide Full Article

The second quarter earnings season is now underway in earnest.

There are about 200 companies set to kick things off this week with some big-name companies being among them.

However, some companies have better earnings streaks than others. These five have beat more than they’ve missed over the last several quarters. That’s not easy to do, especially in the energy and apparel industries.

But should you be betting on them to keep their hot streaks alive this quarter?

5 Stocks on an Earnings Hot Streak

1.    Celanese (CE - Free Report) has missed only once in the last 5 years but shares have been stuck in 2018. They’re up just 3.9% year-to-date. Will this earnings report boost it to new all-time highs?

2.    E*TRADE has a near perfect record, with just 1 miss in the last 5 years and that was in 2015. Shares have been hot in 2018, up 26%, and are trading near 5-year highs. Will these shares break out again after the earnings report?

3.    VF Corporation (VFC - Free Report) is a big apparel retailer which owns popular brands like North Face, Timberland, Lee and Wrangler. The 5-year chart tells the apparel turnaround story as the shares bottomed in 2017 and have surged 41% over the last 2 years. They’re at 5-year highs heading into the report. VFC has beat 5 out of the last 6 quarters. Has the apparel rally reached its peak?

4.    Honeywell (HON - Free Report) had the last laugh after it was kicked out of the Dow Jones average as the shares have jumped 80% over the past 5 years. However, in 2018, they have stalled even though Honeywell has a great earnings track record, with just 1 miss over the last 5 years. Can the shares get back on track?

5.    Schlumberger (SLB - Free Report) has a great track record of beating, with just one miss in the last 5 years and that was in 2016. The energy market is turning around but these shares are still stuck. Will this be the quarter where it breaks to the upside?

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>>