There are over 1,000 companies reporting this week. Out of all of those, only a handful have an outstanding earnings track record with just one or two misses over the last 5 years.
Tracey dug through all of the charts to find the top charts you should be watching to end this week.
But here are three to keep an eye on:
1. Magna (MGA) consistently beats every quarter. Magna’s last miss was 5 years ago. If it beats again this quarter, there will be only green on its chart moving forward into 2017.
2. Starbucks (NASDAQ:SBUX) has missed twice in the last 5 years but that is still a great track record in a tough industry.
3. Activision Blizzard (NASDAQ:ATVI) has a beautiful chart as shares are near 5 year highs and it has a stellar beat record.
All three of these companies should be on your short list if you’re trading the earnings report.
What else should you know about these earnings charts? Tune into the short video to find out.
Want to Learn How to Trade Options During Earnings Season?
Dave Bartosiak takes you through the options trade for Facebook (NASDAQ:FB) in Zacks Live Trader.
Find out what he's looking for below.
MAGNA INTL CL A (MGA): Free Stock Analysis Report
STARBUCKS CORP (SBUX): Free Stock Analysis Report
ACTIVISION BLZD (ATVI): Free Stock Analysis Report
FACEBOOK INC-A (FB): Free Stock Analysis Report
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Zacks Investment Research