Earnings season is now in full swing, and this week will see more than 150 S & P 500 companies report their second-quarter results. But John Blank, chief equity strategist at Zacks Investment Research, believes there are just four stocks that investors "really need to pay attention to." Blank was referring to four of Big Tech stocks due to report in the coming days: Apple, Microsoft, Alphabet and Amazon.
On the other hand, he expects Apple and Microsoft — two companies which he says have never missed on quarterly earnings — to again surprise to the upside. "These two companies are probably the best positioned [among] the hardware companies — the true tech companies. So, they will probably do just fine. They manage their earnings pretty well. They will probably give us a beat," Blank said. "It won't be very great and probably won't move the stocks.
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Fuente: Investingcom - 🏆 450. / 53 Leer más »