Avoid These Big Disappointments
Following up on Sunday's post on the best earnings surprises, we need to take a look at the biggest misses as well. Negative surprises are never good for stocks, obviously, but they are especially deadly because analysts are often aware of poor business conditions, yet underestimate how bad these can be. The names that are missing big should be avoided on the long side, and/or researched as short candidates. Here are the biggest misses so far this earnings season -- names that missed earnings per share by more than 20%.
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