5 Must See Big Tech Earnings Charts

Video Length: 00:04:03

Earnings season rolls on with over 900 companies reporting this week including some of the key FAANG companies plus many of the hot growth stocks.

Not all are created equal. Some have great earnings surprise track records and others do not.

After the great rotation into value over the summer, has growth bounced back?

These five companies represent some of the hottest names in technology. Will beats by these companies take the markets higher?

5 Must See Big Tech Earnings Charts

1.    Alphabet (GOOGL - Free Reportput together 6 beats in a row but will it be enough? Revenue growth is finally slowing for the mega-cap tech company. It has always been one of the cheaper FAANG’s, by valuation. Will that continue?

2.    Apple (AAPL - Free Reporthas broken out to new all-time highs this year in a big way. It also has a great earnings track record with just 1 miss in the last five years. But is the bullish story already priced in?

3.    Facebook (FB - Free Reportis coming off of 2 big quarterly misses in a row. It also is facing the backlash of having its CEO in the Capitol Hill spotlight in recent days. Shares haven’t done much in 2019, will that change soon?

4.    MercadoLibre (MELI - Free Reportsaw lots of uncertainty after Amazon entered into several of its key markets, like Mexico, in 2018. But in 2019, 3 big beats in a row have calmed the jitters. The shares hit new 5-year highs this year. Is it too hot to handle?

5.    Pinterest (PINS - Free Reportis one of the tech unicorns that finally went public this year. It has beat once and missed once. Shares, however, are back near the IPO price. Is this a buying opportunity?

Disclosure: I own GOOGL and FB in my personal portfolio.

Disclaimer: Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the  more

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.