Earnings season began this week and picks up on Friday with three major banks reporting results including J.P. Morgan Chase. Investors everywhere are looking for profitable trading opportunities by finding the biggest winners that will exceed earnings-per-share expectations.
Bespoke Investment Group screened for the companies that generated the best stock performance the day after their first-quarter earnings results over the past five years.
Six stocks posted gains of more than 10 percent on average after their first-quarter earnings reports, including LogMeIn, Electronic Arts and Crocs, Bespoke said in a note sent to clients Wednesday.
To be sure, past performance does not guarantee future results, but the stocks above certainly have a good track record of success this time of year.