With Q4 earnings season getting underway, Nvidia (NVDA), which made IBD's list of top stocks in 2016, and financial services giant Morgan Stenley (MS) are among the top-rated stocks expected to post strong EPS growth. Who else made the list?
The table, below, shows companies expected to post 50% or higher earnings growth for the fourth quarter.
By comparison, companies on the S&P 500 are expected to have a combined earnings growth rate of 5.8%, up from 4.3% in Q3, led by financial stocks (13.9%), according to Thomson Reuters. Energy companies will also return to profit growth (1.4%) after several quarters of steep declines and losses
To make the list, each stock also has to have a 95 or better Composite Rating, meaning it's outperforming at least 95% of all stocks in terms of the most important fundamental and technical stock-picking criteria.
Company | Ticker | EPS Est Cur Qtr % | Composite Rating | EPS Accel 3 Qtrs | EPS Est Due Date |
Supernus Pharmaceuticals | (SUPN) | 325 | 96 | Yes | N/A |
Parsley Energy | (PE) | 300 | 95 | No | Feb. 22 |
M K S Instruments | (MKSI) | 194 | 98 | Yes | Jan. 25 |
Applied Materials | (AMAT) | 154 | 99 | Yes | Feb. 15 |
Advanced Energy | (AEIS) | 153 | 98 | Yes | Jan. 30 |
Semtech | (SMTC) | 106 | 98 | Yes | Feb. 28 |
Callon Petroleum | (CPE) | 100 | 99 | Yes | Feb. 28 |
Argan | (AGX) | 84 | 97 | No | Apr. 12 |
Coherent | (COHR) | 78 | 97 | Yes | Jan. 26 |
LegacyTexas Financial | (LTXB) | 63 | 99 | Yes | Jan. 24 |
Nvidia | (NVDA) | 60 | 99 | Yes | Feb. 15 |
Trex | (TREX) | 58 | 95 | No | Feb. 21 |
Hawaiian Holdings | (HA) | 55 | 96 | No | Jan. 24 |
Morgan Stanley | (MS) | 51 | 95 | Yes | Jan. 17 |
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