Barry Star, CEO of Wall Street Horizon, explains some of the ins, outs and surprises of the most recent quarter, as Health Care and Information Technology were the primary sectors contributing to a strong showing versus consensus.
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The findings of the study reveal that return extrapolation indeed exists in the context of earnings announcements.
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The research findings are consistent with some managers hyping the stock prior to investor conferences and selling their shares at inflated prices...
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Using Wall Street Horizon earning dates, the paper finds that each quarter has a handful of days with potential to have an impressive cluster of firms announcing earnings simultaneously in either the pre-open or post-close...
Read MoreThe American consumer will be focused on earnings from Home Depot and Walmart on Tuesday; Tesla investors look forward to Friday's 5:1 split record date...
Read MoreBeyond FAAMG. While the US mega cap growth stocks get all the buzz, portfolio managers must pay attention to what is happening underneath the surface and around the world...
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