Strong Earnings, Reliable Profits: 1/10 Top Performer

124831474 = gyn9037|||

Fresh off a week-long rally, stocks appear poised to deliver their first losing day of 2018. Strength from healthcare stocks and mega cap stocks like Boeing was insufficient to overcome lagging momentum in most sectors. The losses are broad-based, with every major US index down at the time of this writing.

The only clear impetus for the fall is a building sense that the Trump Administration may try to withdraw from the North American Free Trade Agreement.

We had a diverse basket of long and short plays on today’s session. Today we focus on TSRI, our Top Long Play for the day. Stocks from hot trends like blockchain, China, and pharmaceutical development have been dominating our Top Performer blog in recent weeks.

TSRI’s action on the day provides a useful reminder that new-based profits don’t have to come from trading high-profile trends. Smart trading on routine events like earnings announcements can net strong, consistent profits.

TSR (TSRI): Up 30% on strong earnings data.

TSR, based in New York state, is a computer programming consulting firm. This morning they announced financial results for the quarter ending in November 2017.

Frontline growth numbers were strong, with revenue up 9.8% from the same quarter in 2016. TSR attributes these revenues to successful growth in its provision of IT teams for its clients. While gross profit margin ticked down slightly, net income was up due to falling administrative costs.

Investors remain earnings hungry in this highly valued market and piled into the stock on the news, driving it to gains over 30% at the time of this writing.

Diverse Plays, Great Profits: All in a single news day.

Keep checking our blog for daily updates on lucrative new-based stock plays, analyst actions, and more!

We analyze news events ranging from clinical trials in the pharmaceutical industry to routine earnings releases to major geopolitical shakeups.

Or, if you’re ready to move beyond the blog and experience the power of hedge-fund caliber news analysis in a package that’s accessible to small investors, click here to sign up for a free training today. You’ll see how easy to use our platform really is—and how many profitable trades it can unlock

A powerful news analytics platform like News Quantified not only makes it easy to track the news, but to quickly compare news events with key financial information. We make it simple to find strong, diverse plays in any market environment.

How are you using the news to earn market-beating profits? How would you use the news if you had access to a real-time platform like News Quantified?  Let us know in the comments below.

Leave a comment