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Earnings gains have been generally less than 10% – not outstanding, but good enough to reassure investors about the health of U.S. companies.
Seven Hot Stocks to Watch Tuesday
Hot Stocks to Watch No. 1: Facebook Inc. (Nasdaq: FB) reports Q3 numbers after today's close. Wall Street expects the social media bellwether to post earnings per share (EPS) of $0.40. Whisper numbers are for EPS of $0.44. The key numbers to watch are user growth and ad revenue. As we've said, Facebook has some monster ad plans and we expect those to pay off handsomely for the company and investors in years to come. (Find out Facebook's money-making plans here.)