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Just because earnings season is "over" doesn't mean there aren't companies reporting. And this week, in particular, brings a small handful of hot technology, retail and restaurant stocks.
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Wall Street will get an early look at what is really going on in some of these industries this summer. Has the consumer slowed down their spending? Are technology earnings really as strong as everyone thinks?
These five companies have the best earnings records this week and some of the hottest charts. It's hard to beat multiple quarters in a row, as most of these companies have done.
Traders will want to be paying attention to these names this week.
5 of the Hottest Earnings Charts This Week
1. Lennar LEN hasn't missed in 5 years but shares have been choppy. They look poised for a break out though. Will this earnings report boost them over?
2. Adobe ADBE has missed just 3 times, with the last miss all the way back in 2013. This is the prettiest chart this week as shares are near their 5-year high. Will the earnings report get them back on track after last week's mini-pullback?
3. Red Hat RHT has missed just once in the last 5 years. Impressive. Shares are also near 5-year highs. Can it keep its earnings streak going?
4. Korn/Ferry KFY has only missed twice in the last 5 years but shares took a dive in 2016. They've been on a rebound in 2017. Will it keep the momentum?
5. Steelcase SCS has missed 4 times in the last 5 years. That's a good, but not great, track record. I'm including them, however, because they missed last quarter which shows that just because you have a good track record of beating, doesn't mean you will always do so. Let's see if they bounce back into a beat this quarter.
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Lennar Corporation (NYSE:LEN): Free Stock Analysis Report
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Red Hat, Inc. (NYSE:RHT): Free Stock Analysis Report
Adobe Systems Incorporated (NASDAQ:ADBE): Free Stock Analysis Report
Steelcase Inc. (NYSE:SCS): Free Stock Analysis Report
Korn/Ferry International (NYSE:KFY): Free Stock Analysis Report
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Zacks Investment Research
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.