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5 Growth Stock Earnings Charts to Watch This Week

Tracey Ryniec

This is a key week for big cap earnings reports. Over 600 companies are reporting, among them nearly a quarter of the S&P 500.

And while there will be some big technology and industrial names reporting, including one of the FAANG companies, there are a bunch of other popular growth stocks who will also report.

Growth has outperformed value for several years now. Over the summer, however, growth stocks took a brief break as money rotated into value stocks.

Many growth stocks are now cheaper than they were earlier in the year.

Could this be a buying opportunity?

5 Growth Stocks to Watch This Week

1.    Chipotle CMG is back and hotter than ever. Shares have soared 97% in 2019. It’s far from cheap, with a forward P/E of 62. Is it back to re-claim its crown of king of the restaurants?

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2.    Skechers SKX has had an up and down year as fears of tariffs on shoes has added volatility. But it has beat 4 quarters in a row and has been churning out attractive products the last few quarters.

3.    iRobot IRBT hasn’t missed in 5 years. That’s an impressive streak. Shares hit new 5-year highs in early 2019 but have been on the decline ever since, falling 33% year-to-date. It’s now trading with a forward P/E of just 22. Is this a buying opportunity?

4.    Tractor Supply TSCO has bounced back from the dark days of 2017. Shares are up 58% over the last 2 years but have pulled back off recent highs after missing last quarter. Is it still one of America’s premier retailers?

5.    Tesla TSLA has missed three quarters in a row but fans of Elon Musk are willing to forgive the company again and again. However, shares are no longer the darling of Wall Street. They’re down 22% over the last 2 years. Is Tesla set to surprise the cynics this quarter?

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”

Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.50% per year. So be sure to give these hand-picked 7 your immediate attention.

See them now >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Tesla, Inc. (TSLA) : Free Stock Analysis Report
 
iRobot Corporation (IRBT) : Free Stock Analysis Report
 
Chipotle Mexican Grill, Inc. (CMG) : Free Stock Analysis Report
 
Tractor Supply Company (TSCO) : Free Stock Analysis Report
 
Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report
 
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