FYI: The third quarter earnings season unofficially comes to an end on Thursday when Wal-Mart (WMT) reports earnings before the open. So far this earnings season, more than 2,000 companies have reported their quarterly numbers, and our job here is to identify the reports that look the best.
One way that we narrow our list down is to look for earnings “triple plays.” Long-term Bespoke readers 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 their earnings estimates, beat their revenue estimates and also raise guidance. 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.
Regards,
Ted
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