Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Stocks

Here’s How to Build Your Watch List for the End of Q4 Earnings

by February 18, 2023
February 18, 2023
Here’s How to Build Your Watch List for the End of Q4 Earnings

Earnings season is close to ending, as over 80% of companies in the S&P 500 have reported their 4th quarter results already. The largest percent gainers among stocks over the past four weeks have been those that reported strong earnings or where management guided growth estimates higher going forward. With this all in mind, savvy investors should be putting a watch list together to take advantage of the potential outperformance among companies that have yet to report.

An example of one such outperformer is Crocs (CROX), which gained 14% last week after a rally into earnings that was capped by a 4.5% gap up after reporting results that were above estimates. Subscribers to my MEM Edge Report were alerted to CROX last December after it broke out of a 3-week base amid analyst upgrades.

DAILY CHART OF CROCS INC. (CROX)

Analyst upgrades going into earnings is one item to watch out for as you put together your watchlist. This is because Wall Street researchers often have access to more detailed information relative to individual investors, and they’re unlikely to put their neck on the line with an upgrade that’s not well researched.  You can stay on top of upgrades and downgrades to estimates with services such as MarketWatch.

Tuning into the strength of a stock’s industry group is another way to uncover candidates for your watch list. You’ll want your company to be in an area where other stocks are trending higher as well, as, most likely, there’s growth taking place across the industry. This industry group strength can easily be uncovered using StockCharts.com’s SCTR rating under the Sector Summary sub Industry Group list.

In addition, your best watchlist candidates will be top performers within their group, as their winning ways will often continue after they report positive results. Again, the SCTR rating of stocks within an industry group is an ideal way to uncover the relative outperformers with the best-looking charts.

From here, you’ll want to pay attention to the stocks earnings releases from the past as, statistically, a company that has a history of reporting results above estimates will continue to do so. This was true of CROX, shown above.

DAILY CHART OF S&P RETAIL ETF (XRT)

Over the next several weeks, many retailers will be revealing their quarterly earnings and sales results, as they are the last area to report. The good news is Retail Sales surged in January, which will improve the possibility of a positive outlook for growth going forward. A close look at Wednesday’s Retail Sales shows that food service led all major categories after increasing by 7.2%.

Next week, one of the eleven stocks on the Suggested Holdings List of my MEM Edge Report is due to report their earnings. Not only is it in the Restaurant group, where the largest surge in retail sales occurred, but it is the top relative performer amid analyst upgrades. You can get immediate access to this stock by using this link here. You’ll also receive 4 weeks of this highly-regarded, twice-weekly report delivered directly to your email going forward.

While not mentioned above, the status of the broader markets is one of the most important aspects to determine if you should get involved with a stock. The MEM Edge Report provides a detailed outlook of the markets as well. I hope you’ll join the many pleased subscribers to this report so that you, too, can invest successfully and with confidence.

Warmly,

Mary Ellen McGonagle, MEM Investment Research

0
FacebookTwitterGoogle +Pinterest
previous post
MEM TV: Markets Stuck Amid Fed Comments
next post
Week Ahead: NIFTY Still Has Key Resistance Points To Deal With; This Sector Rolls Inside The Leading Quadrant

You may also like

As Goes NVDA, So Goes the Market

September 3, 2022

US Sectors Soar to New Highs!

October 1, 2024

Charting the Great Rotation of 2023

August 12, 2023

Supercharge Your SUCCESS with The Ultimate List of...

January 6, 2024

A Theme Emerges within a Bear Market

August 5, 2022

Many Reasons to Love and Hate AMZN Stock

October 26, 2023

Boeing: Taking Flight Amid Cloudy Conditions

February 16, 2023

5 Things To Know Right Now; Our Fall...

November 27, 2022

GNG TV: US Equities – the “NoGo” Continues

September 8, 2022

GNG TV: US Equity “Go” Trend Wobbles

December 15, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Rescissions: A Small but Welcome Step Toward Spending Discipline

      June 5, 2025
    • DAVID MARCUS: Why Navy ships should not be named for gay rights icons

      June 5, 2025
    • GREGG JARRETT: Biden, the ‘marionette president; and the case of the runaway autopen

      June 5, 2025
    • Trump Practically Bans Travel and Immigration from 12 Countries with Flimsy Security Justifications

      June 5, 2025
    • ‘He’s not a big factor’: Trump’s Senate allies dismiss Elon Musk’s calls to ‘kill the bill’

      June 5, 2025
    • Fears grow that Tata Steel could be excluded from Starmer-Trump trade deal

      June 5, 2025

    Categories

    • Business (8,147)
    • Investing (2,008)
    • Politics (15,523)
    • Stocks (3,127)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved