The earnings are coming fast and furious now!
One of my top Emerging Growth stocks, Conceptus (CPTS) is up strongly this morning. The health company reported a loss of 14 cents a share which was better than expectations. The stock is up about 14% today. Conceptus is an outstanding buy.
McDonald’s (MCD) earned 83 cents a share, one penny better than consensus. Overall revenues were down by nearly 10% but global comparable store sales grew by 4.3%. McDonald’s is up a bit this morning and it continues to be a strong buy.
CH Robinson Worldwide (CHRW) is up 8% today. The company earned 50 cents a share which was the same as last year. Wall Street was looking for 48 cents a share. This is a good buy.