5 Stocks With Spectacular Earnings Charts
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Earnings season has finally arrived with the official kick-off by the large-cap banks.
But this week we’re also getting more than just the banks including the first of the FAANG stocks to report and some of the big-cap winners.
But who has the most spectacular charts this week? You might be surprised.
They’re not in the industries and sectors you might think they would be: railroads, healthcare, insurance and consumer discretionary.
They’re not in tech. Gasp.
It’s not easy to beat on the earnings consistently, but most of these stocks have been doing it over the last 5 years (although some better than others).
Can they keep it going this earnings season?
5 Stocks with Spectacular Earnings Charts
1. CSX (CSX - Free Report) is the first railroad to report earnings. It hasn’t missed earnings in 5 years. That’s impressive. It’s up 26% year-to-date and trading just near the 5-year high. Will the rally continue?
2. Cintas (CTAS - Free Report) is often overlooked but look at that gorgeous chart. The uniform maker’s shares have rebounded off the big December 2018 sell-off and are up 44.8% year-to-date. It has only missed once over the last 5 years and is at another 5-year high. It’s not cheap, with a forward P/E of 29. Is it priced for perfection?
3. Abbott Labs (ABT - Free Report) hasn’t missed in 5 years either. Also impressive. Shares are up 33% over the last year, outperforming the S&P 500 which is up just 7.7% during that time. Shares are no longer cheap, with a forward P/E of 26.
4. Progressive (PGR - Free Report) has rallied 39.2% year-to-date and has been hitting new multi-year highs. This big insurer has beat 6 out of the last 7 quarters. It’s still cheap, even while hitting new highs. It has a forward P/E of just 15.8.
5. Pool Corp (POOL - Free Report) is a barometer on the consumer. If you’re feeling good, you put in the pool and you buy products for it. Shares have been hitting new 5-year highs even though the company has missed on earnings 3 out of the last 4 quarters. It’s not cheap, with a forward P/E of 29. Is the party going to end soon or can the rally continue?
Disclaimer: Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the more