5 Earnings Charts to Kick off Earnings Season

Earnings season is back and kicks off with the big banks.

But there’s more to the first week of earnings than just JPMorgan Chase (NYSE:JPM) and Bank of America (NYSE:BAC). There are over 85 companies reporting this week, including many S&P 500 companies that are key players in their industries.

In addition to banking there will be semiconductors, transports and healthcare companies reporting. Many are trading at, or near, their 5-year highs.

These 5 companies are ones to watch this week, and they’re not the big banks.

While some of them have outstanding earnings charts, questions remain about what happens after the reopen.

Can they keep their momentum?

5 Must-See Earnings Charts This Week

1. Delta Air Lines (NYSE:DAL) DAL has missed the last 4 quarters but with the airlines it has been about the reopen trade. That has happened now, so what is next? The shares have weakened in the last month, falling about 8%. Is this a buying opportunity?

2. UnitedHealth Group UNH has an amazing earnings surprise record. It hasn’t missed in five years. Impressive. Shares are up 19% year-to-date and are near record highs again. It trades at 22x forward earnings. Is it still a buy after this rally?

3. Taiwan Semiconductor TSM has beat twice in a row but the shares are treading water. They’re up 12.5% year-to-date but off the February 2021 highs. It trades with a forward P/E of 29. Are the semis a hidden bargain?

4. Cintas Corp. CTAS has only missed once in the last 5 years and it was in 2016. That’s an impressive earnings surprise streak. Shares have gained 11% year-to-date and are near 5-year highs again. But they trade with a forward P/E of 38. Is it too hot to handle?

5. Kansas City Southern (NYSE:KSU) KSU has missed twice in a row but the Street hasn’t cared as shares are up 32% year-to-date. However, they’ve weakened off the May all-time highs. With a forward P/E of 30, is the rail rally over?

Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix (NASDAQ:NFLX) did to Blockbuster and Amazon (NASDAQ:AMZN) did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.