5 Leading Stocks Poised to Trounce Q3 Earnings Expectations

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Stocks Analysis by Investing.com (Jesse Cohen) covering: Caterpillar Inc, TJX Companies Inc, Salesforce Inc, Fortinet Inc. Read Investing.com (Jesse Cohen)'s latest article on Investing.com

Wall Street’s Q3 earnings season gathers momentum as the biggest names in the world get set to report their latest results.

As such, it shouldn’t come as a surprise that Caterpillar is forecast to deliver strong profit and sales growth when it reports third quarter earnings before the U.S. market opens on Tuesday, October 31 at 6:30AM EST. Meanwhile, revenue is expected to climb roughly 18% year-over-year to $1.35 billion. If confirmed, that would mark Fortinet’s best quarterly sales tally on record thanks to robust demand for its cloud-based security solutions from large enterprises.FTNT stock ended at $57.54 yesterday, earning the Sunnyvale, California-based network-security firm a valuation of $45.2 billion. Shares are up 17.7% year-to-date, a tad higher than the Global X Cybersecurity ETF's , best known for its T.J.

Shares are up 12.4% year-to-date, compared with a decline of roughly 3% for the S&P 500 Retail Select Sector SPDR ETF has consistently displayed robust growth potential. Its innovative cloud-based software solutions have propelled the enterprise software giant to the forefront of its industry.

 

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