Along with the spring flowers and the stimulus checks in the mail, earnings announcements are in full bloom this week as major tech companies roll out their latest earnings results. Source: Freedom365day / Shutterstock.com Tech giants like Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL), Microsoft Corp. (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), Facebook, Inc. (NASDAQ:FB) and Tesla, Inc. (NASDAQ:TSLA) all reported this week and have been the talk of the town. My own Growth Investor stocks resurged in recent weeks and are now in the midst of announcing spectacular first-quarter results. The average Growth Investor stock is characterized by 62.6% annual sales growth and 257.7% annual earnings growth. In the past three months, the average Growth Investor stock had its consensus earnings estimate revised 31.2% higher. Naturally, these positive earnings revisions are expected to precede massive first-quarter earnings surprises, so I’m very excited for what’s to come.InvestorPlace – Stock Market News, Stock Advice & Trading Tips The reality is the first-quarter sales and earnings reports represent “peak” momentum, thanks to the easy year-over-year comparisons. This also means that some companies’ growth will begin to slow down in future quarters, but I still expect to see plenty of strong results that beat analysts’ expectations. Speaking of strength, we’re also seeing quite a bit of that in the economy. The Wall Street Journal recently reported that global growth is picking up as the economic rebound in both China and the U.S. is helping to lift other economies. First-quarter gross domestic product (GDP) in the U.S. popped 6.4% — the second-fastest growth rate since the second quarter of 2003. 10 of the Top Nasdaq Blue-Chip Stocks to Buy Furthermore, the pace of Covid-19 vaccinations in the eurozone is advancing. Purchasing manager indices (PMIs) are now positive in Australia, Japan and the eurozone, which bodes well for overall GDP growth. The only major drag on global GDP growth remains India, which is being hindered by a record number of new Covid-19 cases. From what I can tell, the Federal Reserve is very close to meeting its objectives of fixing unemployment and sparking inflation to stimulate both business and consumer spending. But it remains committed to9 keeping key short-term interest rates at or near zero through 2023. The Fed reaffirmed Wednesday it will keep rates near zero. The truth of the matter is the Fed can never raise key short-term interest rates much, otherwise it risks blowing up the federal government’s budget deficit, which is expected to cross above $30 trillion soon. So, we will likely remain in an ultralow interest rate environment for the rest of our lifetimes! Couple this with low interest rates with the strong first-quarter earnings season and robust economic growth and it’s no wonder we’re in a “Goldilocks” environment right now. Profiting in the New Normal Now, as we enter the “bumpy” summer months, investor anxieties naturally rise. So, if you’re looking for a time to take profits, the third week of May is ideal as the markets will likely get a chance to “burb” and digest the profits following earnings announcements. June and July are seasonably strong months, but I see the markets narrowing. As I mentioned, second-quarter results will still be very positive, but sales and earnings momentum may slow. The bottom line is the companies that can sustain good sales and earnings momentum when the overall market is slowing will obviously emerge as market leaders. This is why if you want to profit in the current economic environment, your defense remains a strong offense of fundamentally superior stocks. Take the five new stocks I’m recommending today for my Growth Investor subscribers in my May Monthly Issue. They are all leaders in their respective industry and will play a key role in returning the U.S. and the world to a better, brighter, new normal. And Wall Street is predicting that each and every one will post double-digit earnings and sales growth in the coming quarter. All five are High-Growth Investments, and all earn an A-rating in my Portfolio Grader, making them a “Strong Buy.” Clearly, my Growth Investor Buy Lists are “locked and loaded” for the coming earnings season. If you want your portfolio to be, too, now is an especially great time to join Growth Investor. For full details, click here now. Sincerely, Louis Navellier The Editor (Louis Navellier) hereby discloses that as of the date of this email, the Editor (Louis Navellier), directly or indirectly, owns the following securities that are the subject of the commentary, analysis, opinions, advice, or recommendations in, or which are otherwise mentioned in, the essay set forth below: Microsoft Corp. (MSFT), Facebook, Inc. (FB) Louis Navellier, who has been called “one of the most important money managers of our time,” has broken the silence in this shocking “tell all” video… exposing one of the most shocking events in our country’s history… and the one move every American needs to make today. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG It doesn’t matter if you have $500 in savings or $5 million. Do this now. Top Stock Picker Reveals His Next Potential 500% Winner Stock Prodigy Who Found NIO at $2… Says Buy THIS Now The post How to Play This “Goldilocks” Environment for Stocks appeared first on InvestorPlace.