By Louis Navellier of InvestorPlace
NEW YORK (TheStreet) -- Each earnings season I get awfully excited. As a growth investor, my simple trading strategies place a huge priority on sales, earnings and other quarterly numbers. That means earnings season is "where's the beef" time for stocks and the best opportunity to identify the best investments in the stock market for your retirement money. In fact today, I'm going to give you 10 stocks to buy that I think should be closely watched this earnings season for breakout potential!
Let's get right to all the details for these stocks to buy:
Williams-Sonoma (WSM): You may not believe this retail stock would perform well, but I like Williams-Sonoma as a stock to buy this earnings season. WSM has been an A- or B-rated stock in my Portfolio Grader stock rating tool for the last 10 months and has reported a strong earnings surprise in each of the last four quarters.The company does have a PE ratio of around 25, but that's on par with other competitors. While retail stocks have not appeared to be the best bet in the last year, WSM is a strong company that continues to beat estimates and post incredible quarter-to-quarter growth. In the last 90 days, analysts have revised earnings 100% higher, but I have a feeling the company could do even better.
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