Pre-Trading Thoughts
Pitch: Buckle up for 2Q23 Earnings Season| Earnings will go down sequentially by 14%, which is the impact of lower commodity prices and stable exchange rate. Highest growth in earnings for full year in 2023 (>100% YoY): MBSC, LCSW, POUL, ALCN, FWRY, MCQE, EGCH, DOMT, and SKPC. Some stocks that will deliver positive surprises for 2Q23 in earnings will include ESRS, IRAX, CCAP, GBCO, MCRO, MBSC, PHAR, ECAP, CIRA, ORHD, CANA, SKPC, ORWE. Some stocks are still extremely cheap and trading below...
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