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This Week's Must-See Earnings Charts

Earnings season picks up steam with over 300 companies reporting this week including the first of the FAANG stocks in Netflix.

With the big cap indexes hitting new highs again this summer, there are plenty of “must-see” earnings charts this week.

Which ones should you be tuning into?

These 5 companies are in key industries or are widely held by investors so all eyes will be on them this week.

All 5 beat on earnings last quarter.

Can they do it again?

This Week’s 5 Must-See Earnings Charts

1.    Netflix NFLX beat last quarter after missing 4 quarters in a row. The shares have gone nowhere for months. It is the only one of the 5 FAANG stocks that hasn’t broken out. Shares are actually down 2% year-to-date. It trades with a forward P/E of 50 but who cares about the P/E?

2.    Intuitive Surgical ISRG has beat 8 quarters in a row, including during the pandemic. Impressive. Shares are busting out to new 5-year highs but now trade with a forward P/E of 70. Too hot to handle?

3.    Chipotle Mexican Grill, Inc. CMG has beat 2 out of the last 4 quarters including last quarter. Shares are back to new 5-year highs but now trade with a forward P/E of 64. Is it priced for perfection?

4.    Verizon VZ has beat 5 quarters in a row. This is a popular income stock as it pays a dividend yielding 4.5%. Shares are down 5.5% year-to-date. They’re cheap, with a forward P/E of just 11.

5.    Lithia Motors, Inc. LAD, an auto retailer, has beat 5 quarters in a row. Shares are up 14.3% year-to-date but have corrected over the last 3 months, falling 13.8% during that time. Both new and used auto sales have been red hot. Shares are cheap, with a forward P/E of 14. Is this a buying opportunity?


5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. 

Today, See These 5 Potential Home Runs >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Verizon Communications Inc. (VZ): Free Stock Analysis Report
 
Netflix, Inc. (NFLX): Free Stock Analysis Report
 
Chipotle Mexican Grill, Inc. (CMG): Free Stock Analysis Report
 
Intuitive Surgical, Inc. (ISRG): Free Stock Analysis Report
 
Lithia Motors, Inc. (LAD): Free Stock Analysis Report
 
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