Earnings season officially starts this week with the big banks leading off the charge.
We’ll hear from all four of the largest American banks including JPMorgan Chase (NYSE:JPM), Bank of America (NYSE:BAC), Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC).
But there’s plenty more to keep an eye on outside of the financials as there’s a diverse group of large cap companies also reporting this week.
These 5 companies have the top charts of the week. One hasn’t missed in 5 years, not even during the pandemic, and another one is up 105% in 2021.
Can those who “won” in 2020 keep winning in 2021 and beyond?
5 Top Charts to Start Earnings Season
1. JPMorgan Chase & Co. JPM has beat 5 quarters in a row. Considered one of the “top” banks in the country, investors have pushed the shares up 31% year-to-date. They’re at new all-time highs. It’s trading with a forward P/E of 12. Is this just the start of its next big rally?
2. UnitedHealth Group UNH hasn’t missed in 5 years. Impressive. It’s so consistent. Shares are up 15.5% this year and are trading around its all-time highs. What will be the catalyst for the next break out?
3. Domino’s Pizza, Inc. DPZ has beat 2 quarters in a row and has come through the pandemic as a “winner.” Shares are up another 25% year-to-date. But will labor and commodity costs as well as the delta variant COVID outbreak bite in the third quarter?
4. Taiwan Semiconductor Manufacturing Co. TSM has beat 3 quarters in a row but shares have been treading water throughout 2021. Shares are up just 1.1% year-to-date after a 2-year rally of 123%. Manufacturing issues have hit the semiconductor industry in 2021. Will they come out of it in 2022?
5. Alcoa (NYSE:AA) Corp. AA has beat 6 quarters in a row. It’s been a surprise winner in 2021, with shares soaring 105% after a big 2020 coronavirus rally. Yet it has a forward P/E of just 7.2 as earnings are expected to be up 650% this year. Is there more gas left in the tank?
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JPMorgan Chase & Co. (JPM): Free Stock Analysis Report
UnitedHealth Group Incorporated (NYSE:UNH): Free Stock Analysis Report
Alcoa (AA): Free Stock Analysis Report
Domino's Pizza Inc (NYSE:DPZ): Free Stock Analysis Report
Taiwan Semiconductor Manufacturing Company Ltd. (TSM): Free Stock Analysis Report
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