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5 Earnings Charts to Watch This Thanksgiving Week

Earnings season is winding down but there's still a lot of retail and technology companies coming. Read More...

Only about 100 companies are reporting earnings this week of Thanksgiving. It’s a shortened week, with just 4 trading days.

But a lot of retailers and technology companies are set to report in the first three days of the week.

Those include some of the biggest names in retail and some high-flying technology stocks.

Most of these companies have excellent earnings surprise track records with few misses. It’s not easy to beat every quarter for years, especially in challenging industries like retail.

Will they keep beating?

Will they continue to hit new highs?

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="5 Earnings Charts to Watch This Thanksgiving Week” data-reactid=”18″>5 Earnings Charts to Watch This Thanksgiving Week

  1. Autodesk ADSK has only missed once since 2016. That’s an impressive streak. Shares hit new highs earlier in 2019 but have rebounded off recent lows. Will another beat push these into a breakout?
  2. VMware VMW has beat 9 quarters in a row. Shares peaked earlier in 2019 and then saw a severe sell off. But they have bounced back off their lows. Will another beat keep up the momentum?
  3. Deere DE has missed 6 quarters in a row after putting together an incredible multi-year string of beats. The agriculture sector has taken it on the chin. But even with the misses, the shares have recently busted out to new highs. The shares aren’t expensive, at just 15.8x forward earnings. Is Deere a buy at these new highs?
  4. Best Buy BBY has only missed once in the last 5 years. Shares took a dive in the December 2018 sell off but have since recovered. Yet, they haven’t been able to break out to new highs. Will this quarter be a gamechanger?
  5. Burlington Stores BURL has missed only once in the last 5 years, and it was in 2019. However, investors brushed it off and sent the shares to new all-time highs. The shares are no longer cheap, with a forward P/E of 28. Is this retailer too hot to handle?

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
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Autodesk, Inc. (ADSK) : Free Stock Analysis Report
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VMware, Inc. (VMW) : Free Stock Analysis Report
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Deere &amp; Company (DE) : Free Stock Analysis Report
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Best Buy Co., Inc. (BBY) : Free Stock Analysis Report
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Burlington Stores, Inc. (BURL) : Free Stock Analysis Report
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To read this article on Zacks.com click here.
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Zacks Investment Research” data-reactid=”26″>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Autodesk, Inc. (ADSK) : Free Stock Analysis Report
 
VMware, Inc. (VMW) : Free Stock Analysis Report
 
Deere & Company (DE) : Free Stock Analysis Report
 
Best Buy Co., Inc. (BBY) : Free Stock Analysis Report
 
Burlington Stores, Inc. (BURL) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

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