Earnings season has arrived, and investors are on the hunt for the names that are likely to beat analyst expectations. After all, quarterly earnings reports are a major driving force for most of the stock price. If earnings exceed expectations, higher stock prices will usually reward.
So, how can we find a company that may be ready to outperform? One technique is to follow the trend of insider of the company.
Net insider buying can be said in the days leading up to the release of earnings. People in these companies feel confident they will beat earnings, or at least meet, analysts expectations?
The business: investment ideas
To make this list, we start with looking for a company that releases earnings next week. We then ran the screen to a name that has seen high net insider buying over the past six months.