4 Sector ETFs & Stocks To Bet On Q4 Earnings

The Goodyear Tire & Rubber Company (GT - Free Report): It is one of the largest tire manufacturing companies in the world, selling under Goodyear, Kelly, Dunlop, Fulda, Debica, Sava, and various other “house” brands (such as Lee, Kingstone, Douglas, Mohave, and Republic) as well as private-label brands (namely, Roadhandler, Star and Monarch). The stock has a Zacks Rank #2 and an Earnings ESP of +146.09%. The Zacks Consensus Estimate for the to-be-reported quarter has been revised upward by 6 cents over the past 30 days and has expected 36.8% earnings growth. Additionally, the company delivered a positive four-quarter earnings surprise of 11.85%, on average, and is scheduled to report earnings on Feb 9, 2021.

Construction

This sector has been gaining from record-low mortgage rates and higher demand for new homes. Lower mortgage rates are encouraging people to buy more homes and have made refinance cheaper. The trend is likely to continue at least this year on the Fed’s super-easy money policy.

iShares U.S. Home Construction ETF (ITB - Free Report): This fund provides exposure to U.S. companies that manufacture residential homes by tracking the Dow Jones U.S. Select Home Construction Index. With AUM of $2 billion, it holds a basket of 46 stocks with heavy concentration on the top two firms. The product charges 42 bps in annual fees and trades in heavy volume of around 3.1 million shares a day on average. It has a Zacks ETF Rank #3 with a High risk outlook.

M.D.C. Holdings Inc. (MDC - Free Report): This company is engaged in homebuilding and financial service businesses in the United States. The stock has a Zacks Rank #2 and an Earnings ESP of +2.22%. The Zacks Consensus Estimate for the to-be-reported quarter has been revised upward by a couple of cents over the past 30 days and has expected 20.4% earnings growth. Additionally, the company delivered a positive four-quarter earnings surprise of 19.61%, on average, and is scheduled to report earnings on Feb 2.

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