Nearly 2,000 companies have now reported first quarter earnings since the current reporting period began on April 11th. Here at Bespoke, our job is to identify winners and losers, and one of the ways we try to find earnings-season winners is through our list of “triple plays.”
Long-term Bespoke subscribers know how much we like triple plays, but for those that haven’t heard of the term, we came up with it back in the mid-2000s for companies that beat analyst earnings estimates, beat analyst revenue estimates and also raise guidance. Investopedia.com is one of the best online resources for financial markets education, and they’ve actually given us credit for coining the “triple play” term on their website. We consider triple play stocks to be the cream of the crop of earnings season, and we are constantly finding new long-term buy opportunities from this basket of names each quarter.
So far this earnings season, companies raising guidance actually outnumber companies lowering guidance. That’s a rarity these days, and with a large number of companies raising guidance, it provides us with a big list of triple plays as well. So far this season, we’ve gotten 80 earnings triple plays. That’s already 21 triple plays more than we got for the entirety of last earnings season!
Throughout earnings season, Bespoke sends Premium and Institutional members its “Earnings Triple Plays Report.” The report keeps a running tally of recent triple plays, and it also provides a list of “Top Triple Plays.” We’ve just published our most recent Earnings Triple Plays Report, featuring a list of the 80 stocks that have registered triple plays so far this earnings season plus the 23 that we’ve identified as having the most attractive chart patterns. Learn how to see the stocks below.
See our Top Earnings Season Triple Plays by signing up for a monthly Bespoke Premium membership now. Click this link for a 14-day free trial.