This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

5 Stocks for Opportunistic Earnings Traders

Stocks in this article: AZO BBBY KMX FDX NKE DMND

MINNEAPOLIS ( Stockpickr) -- They say market participants are gluttons for punishment. Indeed, even in this rollercoaster market, investors keep coming back for more. While the economy may be sluggish, the search for profits continues. Greed is alive and well, thank you very much.

Stocks ran the table last week, with five straight days of gains. Fears of imminent collapse in Europe were temporarily on the back burner. But what happens today? Stocks plunge at the open on fears of a collapse in Europe. The rollercoaster continues.

Are you confused yet? You are not alone. Even the pros are flummoxed by this market. On the surface, it would appear that we are left to simply guess where the market will go. On a daily basis, the uncertainty is remarkable.

Related: 9 Small-Cap Stocks With Positive Earnings Trends

Of course, guessing the direction of markets or stocks is a sure way to lose money. Instead, traders would be wise to take advantage of uncertainty by exploiting pricing inefficiencies. The best way to do that, in my opinion, is to trade stocks of companies set to report earnings.

One of my picks last week was Diamond Foods (DMND). On Friday, the stock soared 11.59% thanks to a strong earnings report and upbeat guidance for the future. No mention of Europe fears here in this individual name that greatly outpaced the market.

This week, a good number of heavily traded and recognizable stocks report results. My goal here is to identify the gems that are likely to beat expectations with share prices that are artificially low. With that, here are five stocks for opportunistic earnings traders.

1 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs