The "Earnings Beat" That's Perfect for This Market
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Editor's Note: Bill Patalon's readers enjoy inside access to his regular consultations with Money Map Press editors. We're sharing this conversation with you today because the subject happens to lie at the intersection of several high-profit trends now. Here's Bill...
Last Wednesday, the Milpitas, Calif.-based SanDisk Corporation (Nasdaq: SNDK) reported first-quarter results that smashed analyst expectations, and the company's shares shot up 6% in after-hours trading.
But our Chief Investment Strategist Keith Fitz-Gerald saw that beat coming and put readers out in front of it.
He talked to me about its recent stellar performance...Get Ready for Wall Street's Quarterly Shell Game
It's earnings season. And for company players, the game is about trying to beat analysts' estimates, to get your company's stock to pop so you look better than your reflection. This game is rigged, but it's not illegal. Here's how earnings are manipulated, and why it should be stopped...The One Number Signaling Netflix Will Soar in 2014
Netflix beat Wall Street estimates for its Q1 earnings, providing some good news for a stock that has lagged since gaining more than 312% last year. But the online streaming company is far from a spent force. Here's the key to Netflix's earnings - and why NFLX stock will continue to replicate 2013's triple-digit gains in the year ahead...HEADLINES
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