These Stand Out From the Crowd
As we enter the tail end of second-quarter earnings season, it seems a logical time to make some observations about the quarter. First, the stock market has performed very well since the recent bottom around early June -- equities are up some 10% since those lows. Second, this rally has occurred in the face of tepid earnings reports. While bottom-line performance has been OK, so far only about 40% of S&P companies have beat on revenue. Finally, guidance has been cautious overall and third-quarter earnings estimates are significantly down from where they were just a few months ago.
Given this environment, I think it makes sense to find equities that have consistently beat estimates over the last few quarters, have cheap valuations and whose forward estimates have fought the overall trend by actually going up over the last few months. Here are two stocks who exhibit those traits....358 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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