The second-quarter earnings season could be rough for the S & P 500 as a whole, but there are some underperforming names that could get a boost after reporting in the coming weeks, according to Barclays.
Barclays analyzed stocks in its coverage universe with overweight ratings that have "significantly underperformed" the market so far this year and found 41 that could offer investors good opportunities. Each of the stocks down 30% or more in 2022 and is expected to be profitable on a consensus basis this year. Barclays' full-year estimates for each of the stocks listed implies upside to the consensus estimate. They also have a market cap of $5 billion or more.
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:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks sweep higher on Wall Street as profit reports roll inInvestors were cheered by strong earnings reports and an ongoing decline in the price of gasoline, easing inflation fears. TIME'S UP: International Legal Forum calls on the ICC to investigate & prosecute Palestinian Authority leaders like President Abbas and PM Shtayyeh who engage in torturing Palestinians, including journalists, human rights activists, & members of LGBTQ What’s a “sweep higher?” Why are you lying? The price of gas always goes down after high demand July 4 th and frankly, people are trying to figure out how to drive less because of gas prices. Other indicators are still showing high inflation and and more cautious consumers.
Source: CBSNews - 🏆 87. / 68 Read more »
Netflix set to report Q2 earnings as number of subscribers plummets.Netflix is expected to report second-quarter earnings after Wall Street closes Tuesday.
Source: dcexaminer - 🏆 6. / 94 Read more »