There was a lot of turbulence in the market the last two sessions, with many stocks taking big hits and falling below their moving averages. As stocks start to recover, here’s a look at five IBD 50 stocks that are holding above their 50-day lines: Google (GOOGL), Paycom Software (PAYC), Foot Locker (FL), Chipotle Mexican Grill (CMG) and Constellation Brands (STZ). Google gapped up 3.3% in big volume Wednesday, retaking its 50-day moving average.
With earnings season nearing the end, the following IBD 50 stocks have seen the biggest leaps forward in earnings per share on an annual basis. Paycom Paycom Software (PAYC) provides human resource and payroll applications to companies looking to take advantage of cloud computing. The Oklahoma City-based company notched 150% EPS growth during the second quarter compared to a year earlier — 67% higher than analysts forecast. Revenue jumped 47% to
IBD 50 stock Paycom Software (PAYC) was trading at a near-four-month low just five sessions ago, but shares are rallying in the stock market today after the company late Tuesday reported second-quarter earnings and revenue that easily topped Wall Street targets. The cloud-based software developer also raised its Q3 and full-year revenue guidance above views. Shares gapped up 19.5% in big volume, retaking their 50-day moving average and then some.