From Nasdaq, Inc.:

This week, there are still a few surprises to be expected with about a hundred companies coming in strong for the earnings season. For the 2023 holiday season, a lot of consumer-focused companies thrived, but it’s unclear if this trend continues for all companies as they release their earnings reports.

The companies expected to report this week are expected to provide 2024 guidance and insights into the state of inflation, and some of them have had excellent earnings surprise track records, proving their resilience amidst a pandemic.

Some of these companies include Crocs, who has had an impressive earnings surprise track record losing only once in the past 5 years, which seems promising for investors in 2024. YETI and Shake Shack are also among the companies with good earning surprise track records, with shares rallying and their forward P/E to consider this quarter. Coinbase and Roku are also companies to keep an eye on.

For those interested in investing in a great chip stock with strong earnings growth and market space, now might be the time to look at Zacks Investment Research’s latest recommendations as the semiconductor industry is projected to grow.



Read more: 5 Interesting Earnings Charts This Week