7 Stocks to Buy to Easily Outperform the Market
The many experts who were extremely bearish on stocks in May and June predicted the second-quarter earnings season would be a total disaster. In fact, the earnings season, boosted by the resilience of many middle-class and wealthy American consumers, has been pretty good. 75% of the SP 500’s companies that reported their results as of Aug. 5 beat analysts’ average earnings per share, or EPS, estimates. Because the Street remains overly pessimistic about a majority of the companies that beat bottom-line expectations by wide margins, many of these firms’ shares are excellent stocks to buy for investors. Of course, it also makes sense to accumulate the shares of companies whose sectors are being lifted by strong, positive catalysts. As a result, I sought to include in this article stocks within the travel, automotive, retail, renewable energy, restaurant and healthcare sectors. All of these stocks to buy are very well-positioned to easily outperform the market in the coming months and quarters.
7 Stocks to Buy to Easily Outperform the Market
The many experts who were extremely bearish on stocks in May and June predicted the second-quarter earnings season would be a total disaster. In fact, the earnings season, boosted by the resilience of many middle-class and wealthy American consumers, has been pretty good. 75% of the SP 500’s companies that reported their results as of Aug. 5 beat analysts’ average earnings per share, or EPS, estimates. Because the Street remains overly pessimistic about a majority of the companies that beat bottom-line expectations by wide margins, many of these firms’ shares are excellent stocks to buy for investors. Of course, it also makes sense to accumulate the shares of companies whose sectors are being lifted by strong, positive catalysts. As a result, I sought to include in this article stocks within the travel, automotive, retail, renewable energy, restaurant and healthcare sectors. All of these stocks to buy are very well-positioned to easily outperform the market in the coming months and quarters.