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It Is "Lock & Load" Time for the Fourth Quarter Announcement Season
Released on Wednesday, January 18, 2023•STOCKS
Unfortunately, outside of energy stocks, the fourth quarter earnings are forecasted to decline due to a strong US dollar and a global economic slowdown. As a result, it will be "every stock for itself" in the upcoming weeks. We are in a 15% market, where outside the top 15%, positive sales and earnings forecasts are scarce. Furthermore, the analyst community has cut their earnings estimates for many stocks, so expectations are low. It is imperative that stocks also provide positive sales and earnings guidance. Louis Navellier will reveal his favorite A-rated stock picks that he expected to surge in the upcoming weeks during the fourth quarter announcement season.
Louis Navellier is one of Wall Street's renowned growth investment advisors. He is the founder and chairman of Navellier & Associates, a money management firm. Mr. Navellier specializes in behavioral finance and utilizes extensive quantitative and fundamental analysis to identify market-beating stocks. He is the editor of five investing newsletters which are published through InvestorPlace, which include Growth Investor and Breakthrough Stocks (Formerly known as MPT Review). Mr. Navellier has made his proven formula accessible to investors via his online stock rating tool, PortfolioGrader.com, and The Little Book That Makes You Rich.
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