These stocks have strong earnings momentum heading into next week

  • 📰 CNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 51%
  • Publisher: 72%

Markets News

Breaking News: Markets,S&P Global Inc,MGM Resorts International

Some names reporting next week, including Amazon and T-Mobile, could be a bright spot in the broader market after a rough week.

Shares of some companies reporting quarterly results next week, including Amazon and T-Mobile , could get a post-earnings bump. These names could be a bright spot in the broader market after a rough week. Disappointing reports from a couple megacap tech names earlier this week dragged down sentiment, leading the S & P 500 and Nasdaq Composite to their biggest one-day loss in more than a year. Still, the earnings season had started off on a positive note.

Pro screened FactSet for companies in the broad-market index that are reporting quarterly results next week and could see potential upside. These companies could also see a post-earnings boost in their stock prices based on their historical patterns.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines