These stocks reporting next week have momentum heading into earnings and are well liked

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 72%

Investment Strategy News

Markets,Constellation Energy Corp,Howmet Aerospace Inc

Analysts are optimistic on these stocks before they report results for their latest quarters.

A handful of stocks have momentum behind them heading into their quarterly results next week. The third-quarter earnings season is on pace to surpass forecasts for growth. With roughly 64% of S & P 500 companies reporting results thus far, they've collectively posted earnings growth of more than 9%. Analysts have recently raised their profit forecasts on stocks including DuPont and Constellation Energy , which could be strong catalyst for future moves in the shares.

Pro screened for names that have earnings momentum on their side, all of which had to meet the the following criteria: Members of the S & P 500 Earnings estimates have increased 15% in the past three- and six months Average upside to analysts' price targets of 10% or more Rated buy from at at least 50% of analysts Shares of multinational chemical firm DuPont have advanced more than 8% in 2024.

 

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