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Earnings season isn’t over yet. There are still several hundred companies reporting this week, including a handful of big technology names and a bunch of restaurants and retailers.
Many of the hottest stock names this week aren’t even the ones with the best earnings track records.
After all, it’s hard to beat the estimate every quarter for years. Even some of the most respected companies often fall short. Very few companies are able to maintain a consistent record of beating.
These 5 stocks prove the difficulty of beating quarter after quarter as only a few have done it.
But clearly, the earnings beat isn’t everything.
If you’re playing the hottest stocks to report this week, which still have upward momentum, these are the stocks you’ll want to keep an eye on.
5 Stocks with the Hottest Earnings Charts
1. Alibaba (BABA – Free Report) has had more misses than beats since its IPO, but in the last 3 quarters it has turned it around and has put together an earnings winning streak. Can it keep it going?
2. Salesforce (CRM – Free Report) is one of those stocks that even though it has an awful earnings surprise record, traders just don’t care. Shares are trading near 5-year highs anyway.
3. Applied Materials (AMAT – Free Report) has both the pretty chart and the great earnings record. It has only missed once in the last 5 years. But is its stock too hot to handle?
4. Deere (DE – Free Report) last missed in 2012. Shares soared after the election on the Trump Trade. How much higher can it go?
5. Foot Locker (FL – Free Report) is one of the rare retailers that is still trading near its 5 year highs, instead of 5 year lows. It has an excellent surprise record, with just 3 misses in the last year. Will weakness at the mall eventually equal weakness in the shares?
