One of the best swing strategies on Wall Street is to buy stocks that gap up on earnings announcements. Why? Because stocks that gap up on strong earning reports tend to produce unusual returns due to a phenomenon known as the Post Earnings Announcement Drift (PEAD). The following list of stocks gapped up on strong Q1 2020 earning reports and produced substantial post-earning announcement drifts.
During each earnings season, there are stocks that deliver abnormally high cumulative returns due to the post earnings announcement drift (PEAD) phenomenon. Let’s review the stocks that delivered strong quarterly results and continue moving higher.
Alcoa Corp. (AA) posted a fourth-quarter loss as sales fell 27%. With exposure to automotive manufacturers, makers of food cans and a host of other manufacturers, Alcoa is considered a bellwether. The company struggled in 2019 amid trade battles, weaker industrial activity in some markets and an expected slowdown in overall global economic growth.
Every quarter I track companies that report earning surprises. Why? Because some of those stocks can produce amazing returns due to a phenomenon known as the Post Earnings Announcement Drift (PEAD). The following list of stocks reported great Q3 2019 earnings which were followed by substantial positive returns for investors who bought those stocks.
Morgan Stanley on Thursday posted record annual revenue and profit and set new financial targets higher. The firm capped off a mixed week for big U.S. banks, which reported mostly strong fourth-quarter earnings during a period marked by a Federal Reserve interest-rate cut and fierce global tensions.
During each earnings season, there are stocks that deliver abnormally high cumulative returns due to the post earnings announcement drift (PEAD) phenomenon. I developed a proven methodology to discover and track these stocks.
During each earnings season, there are stocks that deliver abnormally high cumulative returns due to the post earnings announcement drift (PEAD) phenomenon. I developed a proven methodology to discover and track these stocks.
During each earnings season, there are stocks that deliver abnormally high cumulative returns due to the post earnings announcement drift (PEAD) phenomenon. I developed a proven methodology to discover and track these stocks.
During each earnings season, there are stocks that deliver abnormally high cumulative returns due to the post earnings announcement drift (PEAD) phenomenon. I developed a proven methodology to discover and track these stocks.
During each earnings season, there are stocks that deliver abnormally high cumulative returns due to the post earnings announcement drift (PEAD) phenomenon. I developed a proven methodology to discover and track these stocks.