Bloomberg | Bloomberg | Getty ImagesWall Street analysts say there are a few companies weathering the earnings storm amid the uncertainty caused by the coronavirus pandemic and economic downturn.
Just over half the S&P 500 has reported thus far with only 68% having beaten earnings estimates, according to Refinitiv. That's below a four-quarter beat-rate average of 74%. CNBC PRO examined Wall Street research to find stocks that could emerge stronger from earnings season.
Pro With Trump in charge.....I doubt it. His faulty handling of the virus response and subsequent shutdown have damaged the economy. Now we have huge debt that still won’t be able to save a large number of small businesses. Couple that with a potential 2nd wave of the virus.
Pro Has SECEnfDirectors asked about jimcramer and Gilead?
Pro Are these analysts at banks also holding stock they want to offload CoughgoldmanCough
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:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks Fall, Dow Loses 300 Points After Coronavirus Job Losses Surpass 30 MillionThe stock market finished lower today, despite strong earnings from major tech companies, after another sobering jobless claims report showed millions of more Americans filing for unemployment by skleb1234 skleb1234 How the market went up the last month is beyond me Pride cometh before the fall I suppose Reality wont be ignored
Source: Forbes - 🏆 394. / 53 Read more »
Here's what every major analyst had to say about Apple's first-quarter earnings reportNew for subscribers: Here's what every major analyst had to say about Apple's first-quarter earnings report Check out CNBCPro for a free trial. Pro SELL you permabull charlatans Pro Don’t give the “ANAL”ysts so much air time, especially the morons from GS.
Source: CNBC - 🏆 12. / 72 Read more »
Stock market live Thursday: Dow drops nearly 300, best month since 1987, historic volatilityU.S. equities were lower on Thursday as strong technology earnings couldn't outweigh another round of dismal jobless claims. Yet somehow this house of cards market is still breathing because 2 iPhones were sold We'll be fine... The world loves diversity. No consumer spending, consumer confidence is down, unemployment is up, no travel, no leisure, debt is skyrocketing, people are dying, rent is not being paid, mortgages are in forbearance, real estate is crashing but somehow the Stock Market is at an all-time high.
Source: CNBC - 🏆 12. / 72 Read more »
Stock market crash: Buying power will run out in one week, Normura says - Business Insider'Brace for selling': A Wall Street quant strategist warns that stock-market buying power could evaporate just one week from now — opening the floodgates for a 'sell in May' episode Click bate
Source: BusinessInsider - 🏆 729. / 51 Read more »