Friday, 4 February 2011

Triple Play

Bespoke Investment posted this article: 

Each earnings season we put an emphasis on the companies that have reported triple plays.  These companies beat earnings estimates, beat revenue estimates, and raise guidance.  We consider these stocks the cream of the crop of earnings season, and we find many of our new long positions from this group each quarter.
So far this earnings season, 55 companies have reported triple plays, which is 8% of the total companies that have reported.  A list of all 55 companies is provided on the last page of this report. Ten of the 55 stocks stood out the most to usNot only do these names have strong technicals, but they also have positive momentum on the fundamental side because of their strong earnings reports. 
The last line is the key i believe.

No comments: