Third quarter 2024 earnings season is winding down. All the Magnificent 7 shares have now reported earnings. Nevertheless, the top of November and starting of December will nonetheless see a slew of specialty retailers and a few shocking expertise juggernauts.
5 Earnings All-Stars
All 5 of those corporations are earnings all-stars. Two have excellent 5-year earnings observe information. That’s spectacular provided that there was a pandemic in 2020 which tripped up many corporations, for apparent causes.
The opposite three corporations even have nice earnings shock observe information, with simply 1 or 2 misses over the past 5 years. That, too, is spectacular given the pandemic, provide chain issues, and rate of interest will increase over that interval.
Can these corporations hold their streaks going?
5 Spectacular Earnings Charts to End Earnings Season
1. Dell Applied sciences Inc. (DELL)
Dell Applied sciences has an amazing earnings shock observe report. It has beat 10 quarters in a row and solely has one miss within the final 5 years.
Shares of Dell are rallying once more. It’s up 88.4% year-to-date. However Dell remains to be attractively priced with a ahead P/E of 18.4. Traders additionally get a dividend, yielding 1.2%.
Will Dell beat once more?
2. CrowdStrike Holdings, Inc. (CRWD)
CrowdStrike has an ideal 5-year earnings shock observe report. That’s spectacular.
Shares of CrowdStrike are up 42.4% year-to-date. It’s testing the all-time highs once more. CrowdStrike isn’t low cost. It has a ahead P/E of 102.7.
Will CrowdStrike beat once more?
3. Salesforce, Inc. (CRM)
Salesforce additionally has an ideal 5-year earnings shock observe report. That’s spectacular, as properly. Not many corporations have held onto their excellent earnings streaks given the pandemic.
Shares of Salesforce are up 29% year-to-date and breaking out to new all-time highs. Salesforce isn’t low cost, however trades with a ahead P/E of 34, which is in-line with its friends.
Will Salesforce beat once more?
4. Lululemon Athletica Inc. (LULU)
Lululemon has solely missed as soon as within the final 5 years and it was in 2020, simply after the pandemic broke out. For a retailer that needed to cope with provide chain challenges, that’s a powerful streak.
Shares of Lululemon are down 36.1% year-to-date on questions on new challengers in athleisure. Lululemon is attractively priced. It trades with a ahead P/E of twenty-two.6.
Will Lululemon beat the earnings consensus once more?
5. Ulta Magnificence, Inc. (ULTA)
Ulta Magnificence has solely missed twice within the final 5 years. The primary miss was in 2020, simply after the pandemic hit. However the second miss was final quarter. It’s nonetheless, nevertheless, a powerful report.
Shares of Ulta Magnificence have tanked this 12 months, falling 26% year-to-date. However Ulta Magnificence is affordable, with a ahead P/E of 14.7. Berkshire Hathaway purchased, after which bought, shares of Ulta Magnificence earlier this 12 months.
Will Ulta Magnificence flip it round and beat this quarter?
[In full disclosure, Tracey owns shares of LULU and ULTA in her personal portfolio.]
5 Shares Set to Double
Every was handpicked by a Zacks professional because the #1 favourite inventory to achieve +100% or extra in 2024. Whereas not all picks may be winners, earlier suggestions have soared +143.0%, +175.9%, +498.3% and +673.0%.
A lot of the shares on this report are flying underneath Wall Road radar, which supplies an amazing alternative to get in on the bottom flooring.
Today, See These 5 Potential Home Runs >>
Salesforce Inc. (CRM) : Free Stock Analysis Report
Dell Technologies Inc. (DELL) : Free Stock Analysis Report
Ulta Beauty Inc. (ULTA) : Free Stock Analysis Report
lululemon athletica inc. (LULU) : Free Stock Analysis Report
CrowdStrike (CRWD) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
