Earnings Season Week 3
We are now officially halfway through our February weekly earnings season competitions! The past two weeks have been a roller coaster ride for a lot of stock prices, and we’ve loved every second of it. We’re back at it again and ready to get our third weekly competition going. Tell your friends, family, coworkers, and classmates that $250 is on the line starting Monday February 18th right here. And while you’re at it go ahead and sign up for our week 4 competition for your FINAL chance to win $250 in just one week!
Week 3 Earnings Preview
This week the lineup is stacked. 471 companies are set to report earnings by Friday. Walmart, Pandora, CVS, Hewlett Packard, US Cellular, Kraft, Wendy’s, Dropbox lead the way among big names, with some recent stocks to watch like Trade Desk and Appian hot on their heels. Chinese mega firms Weibo and Baidu are also scheduled to announce, so look out!
I’m gonna be honest with you, last week my picks didn’t go so well. But that’s the name of the game during earnings season! A lot of you guys had great picks though so congratulations. Comment below what your strategy is going into this week!
Levi’s Earnings Season Week 3 Picks
This week I’m going with the experts. The Motley Fool and Zacks predicts that Walmart, Energy Transfer, Southern, Trade Desk are all among the most likely stocks to beat earnings predictions this week.
Zacks puts out a metric call Earnings Surprise Percentage, which attempts to help followers take advantage of inaccuracies in earnings predictions. Walmart, Energy Transfer, and Southern, are among their top 3 ranked stocks by ESP and I’m gonna test their claims this week by going long on these stocks.
Trade Desk Inc has been a hot stock to watch after finishing up 154% last year, and I consistently see articles about it from The Motley Fool. Most recently, this article came out citing that TDI has a solid chance of WOWing investors this quarter, so I’m gonna hop on the train!
What do you think? Ready to make some winning picks this week? Comment some of your top picks this week below, and don’t forget to sign up for the Week 3 Earnings Season competition using this link!