Often, it’s not how well you do, it’s how well you do relative to expectations. The same applies to earnings reports. A company that crushes earnings estimates often enjoys a big stock gain, as a surprise Wall Street sets a higher valuation. It also suggests the company has a stronger growth trajectory that bodes well for long-term share price gains. IBD’s Screen of the Day is Estimate Beaters. These are highly rated companies with the biggest
With the market in a confirmed uptrend, large highly rated companies are steaming full power ahead. Today’s Screen Of The Day is Big Cap Leaders, companies with top-notch fundamentals with a market capitalization of at least $10 billion. The list includes the five companies that are projected to show the fastest earnings growth this quarter. Avago Technologies (AVGO), a Singapore-based maker of chips used in smartphones, mobile gadgets and other
Celgene and Amgen are among the highly rated companies on IBD’s Screen Of The Day, Bolting RS Lines. The Relative Strength line measures how a stock performs compared to the S&P 500 index. RS lines hitting new highs before the actual stock is a bullish sign. Today’s screen features five drugmakers whose Relative Strength line is bolting higher and whose RS Rating for the current week is above 90, meaning that they have outperformed 90% of all