Late Season Earnings Predictions Paying Off
This was the section of the Sunday Earnings Sheet that all LikeFolio members were looking at early this week:
We’re at the tail end of earnings season, which means fewer Earnings Predictions. So Tuesday had the first two picks of the week:
$CRM BULLISH — Year over year consumer purchase intent mentions grew by 35%, indicating that new signups to the service were booming. Couple that with a share price that had dropped by nearly $10 since the end of its fiscal quarter and you had a heck of a Bullish setup.
Here’s how that played out…
$TIF BEARISH — We made the case that Tiffany’s was losing its bling publicly over the weekend. Here’s a key excerpt:
Of course this was all based on research from the LikeFolio Research Dashboard, which gives members full access to all of our powerful data. Bottom line, Tiffany’s consumer social data looked soft, and our earnings sheet was bearish on the company going into earnings.
Here’s how that played out:
That $CRM up/$TIF down combo is what we call a fantastic Wednesday wake-up call 🙂
Better yet, there are still more plays to go this week… and the holiday shopping season is usually one of our busiest (and most lucrative) times of year for Opportunity Alerts.
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