I’ve just returned to the office after an approximately 1,500-mile run across the American West on one of my favorite motorcycles – and I LOVE what I see. “Buy the best, ignore the rest” is as true today as it was years ago, notes Keith Fitz-Gerald, editor of 5 With Fitz.
Once again, we’ve got a considerably stronger earnings season than many people expected – present company excluded. As of last Friday, FactSet reports that 61% of S&P 500 Index (^SPX) companies have reported – with 86% of those that have reporting positive EPS surprises and 77% of those reporting positive revenue surprises.
(Editor’s Note: Keith is speaking at the 2026 MoneyShow Masters Symposium San Francisco, scheduled for Aug. 25-28. Click HERE to register.)
SPDR S&P 500 ETF (SPY)
More impressively, the blended year-over-year earnings growth rate is 47.4%. That’s the highest since Q2 2021 when the economy came roaring outta Covid.
Investors who stay calm and focused – which I repeatedly encourage you to do – tend to end up laughing all the way to the bank. That’s especially if they’re focused on worldclass companies making “must have” products and services like those we talk about regularly.
