by Bespoke Investment Group
Each earnings season we put an emphasis on the companies that have reported triple plays. These companies beat earnings estimates, beat revenue estimates, and raise guidance. We consider these stocks the cream of the crop of earnings season, and we find many of our new long positions from this group each quarter.
So far this earnings season, 55 companies have reported triple plays, which is 8% of the total companies that have reported. A list of all 55 companies is provided on the last page of this report.
We went through the price charts of each of these 55 stocks and found the ones that we believe currently look the most attractive based on their chart patterns. Ten of the 55 stocks stood out the most to us, and they are listed below. We provide charts and company descriptions for each name on the following pages. Not only do these names have strong technicals, but they also have positive momentum on the fundamental side because of their strong earnings reports. If you’re looking for names to get long, we believe this list is a good place to start. [..]
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