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CFRA: expects EPS growth of 8.1% for S&P 500 in Q2. Communications services, energy, and other industries are expected to achieve double-digit growth.
CFRA outlined which sectors of the S&P 500 are expected to achieve profit growth and which sectors are predicted to decline as Wall Street and investors prepare to evaluate second-quarter earnings. After rising 5.5% in Q1, the index's EPS is expected to rise by 8.1% in Q2. Eight of the 11 sectors are expected to have year-over-year profit growth. CFRA's Chief Investment Strategist, Sam Stovall, said the communication services, energy, healthcare, and information technology industries are expected to achieve double-digit growth, while the industrial, materials, and real estate sectors are expected to decline.
LittleSoldier : Know your pain!!
BuyLowSellHighTrader : Too high concentration on tech stocks
I Am 102927471 :
102327823 : Sell.