Topping earnings estimates by a wide margin is good news for the company and the stock. With growth much faster than anticipated, investors often ratchet up earnings expectations — and hence the stock. IBD’s Screen of the Day is Estimate Beaters. This article will focus on five top tech stocks on the screen that are holding above their 50-day moving averages. That is a key support area that doesn’t always hold. On Monday, the Nasdaq composite, S&P
Companies can sometimes report an outstanding quarter, but others can sustain strong earnings growth over an entire year — and stocks like Ambarella are expected to lead the IBD 50 in 2015. It and four others on the IBD 50 are poised for superior gains in a year when earnings growth for leading stocks such as Facebook (FB) and Apple are seen in the teens to 20s percentage ranges. Ambarella (AMBA) tops the list of five strong performers, with an
Big, highly rated companies such as Avago Technologies (AVGO) are good candidates if you want to start 2015 with continued stock gains. Today’s Screen Of The Day is Big Cap Leaders, top-rated companies with a market value of at least $15 billion that are priced at 15 or above. A second sort reveals the top five companies by strongest revenue growth in their last reported quarter. Avago Technologies is the top performer in revenue growth on the Big