These stocks are looking mighty cheap going into earnings season

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

As the next earnings cycle approaches, here are some cheap stocks liked by analysts.

The third-quarter earnings season is set to kick off this week – with certain stocks trading at attractive valuations. Delta Air Lines, Infosys and Domino's Pizza are some of the big names scheduled to report earnings on Thursday. Friday kicks off earnings for the financial sector, with JPMorgan Chase, Citigroup, Blackrock, PNC Financial Services and Wells Fargo all slated to post their results.

Major U.S. airlines Delta and United Airlines both made the list. The two airlines are trading at the largest discounts on the list of 87.7% and 89.8% for Delta and United, respectively. Delta earnings are up a whopping 370.7% over the past 12 months. Analysts on average also expect shares to rally 57% going forward. The stock is up more than 9% this year, but is lagging behind the S & P 500's year-to-date gains.

 

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 US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Cheap' and 'compelling': Pros name the oil stocks to buy — giving one over 120% upsideThe conflict between Israel and Hamas may not have a direct impact on oil supply, but it's likely to drive up oil prices in the short term, analysts say.
Source: CNBC - 🏆 12. / 72 Read more »