First-quarter earnings season is now in full swing. Broadly speaking, the results have been much better than expected, and these better-than-expected numbers are providing a lift to the whole stock market.
Context is important here. This was supposed to be the “bad earnings season,” weighed by slowing economic growth, recession fears and a consumer slowdown. But, this earnings season hasn’t been all that bad. In fact, it hasn’t been bad at all. Most companies are reporting sizable revenue and earnings beats — and delivering healthy guides, too. Stocks are rallying in response.
Which stocks have been the brightest stars this earnings season? Let’s take a closer look at seven hot stocks that are flying high on strong first-quarter numbers.
