Earnings: 3 ‘Strong Buy’ Stocks to Watch Monday

There’s no sense denying the fact that investors are relieved by the results so far in Q3 earnings season. Through the summer there were growing signs of a general slowdown in the global economy, and market watchers had expected Q3 results to come in below par. So far, that hasn’t happened – results are good.To date, 341 S&P 500 companies have released their quarterly performance. While aggregate earnings are down 0.6%, that is more than balanced by 4.9% gain in revenues. Of the companies that have reported so far, 60% beat the revenue forecasts and 74% showed EPS beats. These …read more

Source:: Yahoo Finance


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