CNBC crunched the numbers using data from Bespoke Investment Group and found five stocks that nearly always beat Wall Street's earnings forecasts.A Columbia Sportswear Company sign hangs in front of their store at the Woodbury Common Premium Outlets shopping mall on November 17, 2019 in Central Valley, New York.Of the hundreds of big companies set to report earnings next week, there are five key names that investors should be focused on because they almost always top expectations.
With a market value of about $6.4 billion, shares of Columbia Sportswear have gained 6% in the past 12 months. The S&P 500 has returned more than 20% in the past year. Stephens lowered its earnings estimates for AGCO by 3% due to a weak finish to retail sales in December, but the firm said "AGCO is well positioned in the ag tech competitive landscape with differentiated technology and growth drivers."
JPMorgan said Cognizant Tech's earnings will likely be hurt by weakness in its banking customers, specifically the large European banks, and healthcare customers. Of the 32 analysts that cover Cognizant Tech, only nine recommend buying the stock, according to FactSet. Sixteen, or half, have a hold rating and seven have a sell rating.reports earnings after the bell on Wednesday and if history is any guide, the payroll and human resource technology provider will top analysts' forecasts. Paycom beats EPS estimates 91% of the time and trades up an average of 4.2% on the day it reports, according to Bespoke.
I will be holding you too this! Time to lever up!
Then it’s not really a surprise nor would it matter to their valuation.