5 Phenomenal Earnings Charts | Nasdaq
From Nasdaq:
This week sees many companies reporting earnings, including NVIDIA Corp. and others breaking out in home building, finance, and travel. Several companies have shown impressive charts over the past year, with some even reaching new all-time highs. These winners include NVIDIA, Builders FirstSource, Inc., Intuit, Booking Holdings Inc., and Berkshire Hathaway Inc.
NVIDIA has seen great success, beating earnings for the last four quarters, showing impressive growth of 239% over the last year. Earnings are projected to increase by 269.5% in fiscal 2023 and 64% in fiscal 2024. Its low forward P/E ratio of 36 is also noteworthy.
Builders FirstSource is another standout, with great growth in the last year. Despite expected earnings declines, it has consistently beaten earnings estimates over the past five years, with shares increasing by 125% in the last year. With a forward P/E of 14, it is also considered cheap.
Other companies like Intuit and Booking Holdings Inc. have a praiseworthy track record of consistent earnings beats. Intuit has only missed once in the last five years and Booking has beaten earnings for 12 quarters straight. Both companies have seen impressive stock market gains in the last year and boast promising earnings projections.
Berkshire Hathaway is also among the winners, rising 32% in the last year to all-time highs. While less visible, it has also beat earnings for 2 out of the last 4 quarters and is experiencing a surge in shares. With Stocks for 2024 gaining +974.1%, the Zacks Top 10 Stocks are performing at triple the S&P 500’s rate. Be one of the first to see these newly-announced stocks with enormous potential.
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