On Sunday, we highlighted a list of stocks that were up and down the most last week after reporting earnings. Over the weekend, we screened all stocks that have reported since earnings season started on January 9th to find ones that have been the biggest winners thus far. To make the list of winners, companies had to beat earnings estimates, beat revenue estimates, guide forward earnings higher and see their share prices rise by at least 10% since reporting.
As shown below, just 19 out of 1,515 US companies that have reported made the list. During times like these, investors gravitate towards companies that prove resilient in the face of an economic slowdown. So far, these companies have done just that.