Third quarter earnings season really picks up this week with about 200 companies reporting. Many of them will be large cap companies, with some being Dow Industrial components.
These 5 big cap companies are all expected to report on Friday.
Usually investors are a little tired from all the earnings reports all week, but you shouldn’t ignore these five because they are some of the top in their industries and their charts tell you what is going on in the stock market right now.
Will they keep up their solid earnings surprise track records?
And will some break out of their narrow trading ranges?
5 Must-See Big Cap Earnings Charts to Finish the Week
Proctor & Gamble (has only missed one time in five years but shares have been stuck in a narrow trading range most of that time. What will it take to have them truly break out? PG - Free Report)
Honeywell (has the best chart to end the week. It, too, has only missed once in the last 5 years. Shares recently hit new highs but have pulled back in the sell off. Is another new high in the offing? HON - Free Report)
Schlumberger (has a great track record, with just one miss over the last 5 years but shares are basically at 5-year lows despite crude rising back into the $70s. They’re down another 14% year-to-date. Is this a buying opportunity? SLB - Free Report)
VF Corporation (has beat 6 out of the last 7 quarters and shares have finally taken off. The owner of Timberland and North Face has seen hot sales but is the good retail news already priced in? VFC - Free Report)
Kansas City Southern (is the only US railroad with track in Mexico. The completion of the NAFTA talks has to be a positive for the company. It has beat 5 out of the last 6 quarters but shares are off recent highs in the sell off. Is the weakness over done? KSU - Free Report) Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>