All posts from Zacks
Zacks in Our Research. Your Success.,

Which Banks Have Sizzling Earnings Charts?

Earnings season is here again.

We no longer have Alcoa to lead it off. Instead, this week, we’ll hear from Delta Airlines, PepsiCo and a handful of the largest banks.

The banks have been in the spotlight as the Fed has raised interest rates. That should help the earnings outlook with the entire banking sector.

The largest banks have also mostly been given the green light to buy back shares and raise dividends.

And while most of the big banks have decent earnings surprise track records, some have better charts than others.

Who has the best earnings chart this week?

5 Big Banks with the Best Earnings Charts

1.    Wells Fargo WFChas just 2 misses in the last 5 years but it’s one of the few big banks whose shares have stalled. Will it finally break out of its narrow trading range this quarter?

2.    Citigroup Cused to be the ignored cousin of the group but it has put together 9 beats in a row and shares are at 5-year highs.

3.    JPMorgan JPMhas beat 6 quarters in a row. Will shares break out?

4.    PNC Financial PNChas missed just once in five years. Impressive. But is another beat enough to send this regional bank’s shares to new highs?

5.    First Republic FRCisn’t well known among the investor public, but it should be. Based in the San Francisco Bay Area, it has the best chart this week.

Want to Learn How to Trade Options?

Have you always wanted to trade stock options but are unsure where to begin or what to look for?

Each week, Zacks’ Dave Bartosiak will bring you a detailed explanation of the trades “live” on YouTube.

Watch him go through the trade as he answers your questions in real time.

Become one of Dave’s minions. Join the Zacks Live Trader community today.  Click here for a free 14-day trial >>>

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
J P Morgan Chase & Co (JPM): Free Stock Analysis Report
PNC Financial Services Group, Inc. (The) (PNC): Free Stock Analysis Report
Wells Fargo & Company (WFC): Free Stock Analysis Report
Citigroup Inc. (C): Free Stock Analysis Report
FIRST REPUBLIC BANK (FRC): Free Stock Analysis Report
To read this article on click here.
Zacks Investment Research