Stocks we love: 5 big earners

Second-quarter earnings are likely to be ugly. But here are five stocks we think will shine this quarter and for the long haul.

1 of 6
BACK NEXT
How we chose the stocks
How we chose the stocks
With the second quarter drawing to a close, a wave of earnings reports will again soon be upon us. And with the U.S. economy reeling from an economic slowdown, the results are expected to be nasty.

According to Thomson / First Call, corporate earnings are forecast to fall 9% year-over year for the quarter. Though that's better than the 17.5% drop in the first quarter, estimates for the current quarter have continually been revised downwards by analysts.

That doesn't mean there aren't some gems still out there, however. We screened for companies in the S&P 500 that produced better-than-expected earnings in the previous quarter and are forecast to produce at least 10% earnings and sales growth for the current quarter and full year.

We also looked for companies whose earnings estimates for the current quarter and full year have not been cut by analysts in the past month and a half.

That eliminated a whopping 92% of the companies in the S&P 500. But of the 37 that made it through our screen, we found five stocks that we think have weathered the storm.


NEXT: Caterpillar
Last updated June 20 2008: 12:23 PM ET
More Galleries
10 of the most luxurious airline amenity kits When it comes to in-flight pampering, the amenity kits offered by these 10 airlines are the ultimate in luxury More
7 startups that want to improve your mental health From a text therapy platform to apps that push you reminders to breathe, these self-care startups offer help on a daily basis or in times of need. More
5 radical technologies that will change how you get to work From Uber's flying cars to the Hyperloop, these are some of the neatest transportation concepts in the works today. More

Special Offer

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.