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Stocks Remained Hot in August

Earnings beat appears to be more important indicators that earnings growth at the time of quality stock picking.

In the latest trading session, American Express (AXP) closed at $165.96, marking a +1.03% move from the previous day.

In the latest trading session, Ally Financial (ALLY) closed at $52.90, marking a +1.93% move from the previous day.

Netflix (NFLX) closed at $569.19 in the latest trading session, marking a +0.53% move from the prior day.

Azure Power (AZRE) delivered earnings and revenue surprises of 533.33% and 3.11%, respectively, for the quarter ended June 2021….

Zscaler (ZS) closed the most recent trading day at $278.17, moving +1.62% from the previous trading session.

In the latest trading session, BlackRock (BLK) closed at $948.08, marking a -0.72% move from the previous day.

In the latest trading session, Accenture (ACN) closed at $337, marking a +0.4% move from the previous day.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions…