Technology Leads the Way in Guidance

Breaking up the 1,800+ US companies that have reported third quarter numbers into sectors, below we highlight the percentage of stocks in each sector that have raised guidance this earnings season. Overall, about 11% of companies have raised guidance this season. As shown below, Technology has blown all other sectors away, with 18.5% of tech stocks raising guidance. Consumer Staples ranks second at 14.3%, and Health Care ranks third at 13.1%. It's a bit surprising to see that Health Care is one of the sectors seeing forecasts increased the most, given the uncertainty around reform. Maybe the Health Care companies are less worried about the impact of reform than investors are?

Comments

[Dave Wrixon:]

Need more stimulus aimed at the things Government should have been f*cking doing but hasn't been!


On Nov 07 12:40 PM MyStockS wrote:

> Unemployment is too high
>
> good articles: financeopinonss.blogsp...
>
> Need more stimulus directed at job creation only.

Nov 07 06:29 PM