Today's Wall Street Journal had an article that asked the question "Can Rally Run without Revenue?" Is the revenue situation really that bad?
Let's take a quick look at some the data compiled through the Alert HQ process.
After each quarter's earnings season, I try to pull together what I am now calling the Growth Report. Part 1 compiles the list of stocks that have shown a year-over-year increase in both revenue and earnings AND a sequential quarter-over-quarter increase in both revenue and earnings. Given the severity of the economic downturn, very few companies have been able to to pull off this trick.
The following table presents a comparison of the last two quarters:
Q1-2009Q2-2009In S&P 5002741All stocks
218312
The number of stocks in the S&P 500 that qualify as growth leaders and have made it onto the Q2 Growth Report has grown by 50%.
Similarly, looking at the entire stock market, the number of growth leaders has almost doubled in Q2 as compared to Q1.
Th…
Let's take a quick look at some the data compiled through the Alert HQ process.
After each quarter's earnings season, I try to pull together what I am now calling the Growth Report. Part 1 compiles the list of stocks that have shown a year-over-year increase in both revenue and earnings AND a sequential quarter-over-quarter increase in both revenue and earnings. Given the severity of the economic downturn, very few companies have been able to to pull off this trick.
The following table presents a comparison of the last two quarters:
Q1-2009Q2-2009In S&P 5002741All stocks
218312
The number of stocks in the S&P 500 that qualify as growth leaders and have made it onto the Q2 Growth Report has grown by 50%.
Similarly, looking at the entire stock market, the number of growth leaders has almost doubled in Q2 as compared to Q1.
Th…