After the end of every calendar quarter, the Navellier research team tests for "what is working on Wall Street" to develop fundamental variable models that we think are good predictors of stock movements. A key variable included in virtually every model our firm has ever produced is known as "earnings surprise." An earnings surprise occurs whenever a company's actual earnings report either exceeds (positive) or fails (negative) to meet analysts' earnings expectations. Since we don't short stocks, we look for positive earnings surprises. The academic research is conclusive about earnings surprises: there is a statistically significant correlation between a company's surprise earnings announcement and an increase in the company's stock price: click the following link and type in ‘earnings surprise’ Earnings Surprise.
We think our portfolios are packed with companies reporting compelling earnings surprises. Below are the complete holdings of six of our portfolio strategies showing earnings surprises. (Where you see “#N/A,” the companies likely either (1) lacked sufficient analyst estimates to generate an earnings surprise value or (2) were reporting no surprises).
This data is updated on Tuesdays as of 2pm Pacific Time.
|Ticker||Company Name||Price||Last Actual
|DRI||Darden Restaurants Inc||121.23||06/20/2019||$1.73||$1.76||1.90%|
|LULU||Lululemon Athletica Inc||181.87||06/13/2019||$0.70||$0.74||5.18%|
|VMW||Vmware Inc -cl A||173.39||05/31/2019||$1.28||$1.32||3.49%|
|KEYS||Keysight Technologies Inc||86.42||05/30/2019||$0.98||$1.22||23.92%|
|VEEV||Veeva Systems Inc||168.93||05/30/2019||$0.45||$0.50||12.05%|
|ROST||Ross Stores Inc||103.96||05/24/2019||$1.12||$1.15||2.57%|
|UBNT||Ubiquiti Networks Inc||128.42||05/10/2019||$1.10||$1.26||14.46%|
|ANET||Arista Networks Inc||253.39||05/03/2019||$2.07||$2.31||11.59%|
|SPGI||S&p Global Inc||228.7||05/02/2019||$2.12||$2.11||-0.51%|
|FICO||Fair Isaac Corp||304.58||05/01/2019||$1.25||$1.56||24.47%|
|PAYC||Paycom Software Inc||228.25||05/01/2019||$1.11||$1.19||6.82%|
|VRSK||Verisk Analytics Inc||145.07||05/01/2019||$1.03||$1.03||-0.38%|
|NBIX||Neurocrine Biosciences Inc||85||04/30/2019||$-0.78||$-1.12||-43.10%|
|CMG||Chipotle Mexican Grill Inc||726.85||04/25/2019||$3.01||$3.40||12.84%|
|ORLY||O'reilly Automotive Inc||376.27||04/25/2019||$4.05||$4.05||0.08%|
|PYPL||Paypal Holdings Inc||116.21||04/25/2019||$0.68||$0.78||15.35%|
|CDNS||Cadence Design Systems Inc||71.37||04/23/2019||$0.49||$0.54||9.92%|
|NEE||Nextera Energy Inc||207.55||04/23/2019||$2.05||$2.20||7.48%|
|ISRG||Intuitive Surgical Inc||527.23||04/19/2019||$2.70||$2.61||-3.32%|
|TEAM||Atlassian Corp Plc||132.87||04/18/2019||$0.18||$0.21||13.68%|
|UNH||Unitedhealth Group Inc||252.28||04/16/2019||$3.60||$3.73||3.71%|
|LW||Lamb Weston Holdings Inc||60.84||04/02/2019||$0.83||$0.95||15.05%|
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