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5 Earnings Charts You Must Watch This Week

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Earnings season is officially over and normally that means so are the Earnings All Star videos, but with Micron reporting this week, I decided to take a look at who else was reporting “off-season” and was surprised at what I found.

There are some great earnings charts from companies reporting this week. Some of these are hidden gems. The stocks are trading near all-time highs and the companies have put together a string of solid earnings beats.

It’s not easy to beat nearly every quarter for several years but several of these companies have been doing that.

Will they keep their earnings streaks intact?

5 Earnings Charts You Must Watch This Week

1.    Copart (CPRT - Free Report) is a global online vehicle auction company with one of the best earnings charts this week. It hasn’t missed in 10 quarters and shares are trading at 5-year highs. Can it keep its momentum?

2.    Red Hat (RHT - Free Report) is an open source software company. It’s been hot for several years. It has a perfect earnings record since Zacks records began in 2015. But with a forward P/E of 58, is it too hot to handle now?

3.    Thor Industries (THO - Free Report) makes RVs. RV sales have been at record highs but the steel and aluminum tariffs have hit the stock. Analysts still year-over-year earnings growth, however. Is the stock a deal?

4.    Darden (DHI - Free Report) operates Olive Garden and Capital Grille among other chains. The consumer is feeling good and these shares are hitting new 5-year highs. It hasn’t missed on earnings since 2014. Will it keep its streak alive?

5.    Micron (MU - Free Report) will be on everyone’s lips this week. It hasn’t missed since 2015 but the miss/beat isn’t the real story. Guidance will be key. How weak is demand? Analysts have said near-term demand has definitely weakened. Investors and traders should be sure to tune into the conference call because that’s where all the action is going to be.

5 Companies Verge on Apple-Like Run

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Click to see them right now >>



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