economy
Applied Materials is among the stocks reporting next week with earnings momentum
Other stocks with earnings momentum at their back include Constellation Energy and Ross Stores.
TL;DR
- Earnings momentum could be a catalyst for stocks reporting next week.
- Only a limited number of S&P 500 and Dow Jones companies are scheduled to report earnings.
- Analysts have been increasing earnings expectations for specific stocks.
- Applied Materials, reporting Thursday, has seen earnings estimates revised up significantly.
- Morgan Stanley and Seaport Research have issued positive ratings and price targets for Applied Materials.
- Constellation Energy, Ross Stores, and Steris are other stocks identified with earnings momentum.