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Tuesday, 24 July 2018

Harley-Davidson, Alphabet Stick It to Their Respective Critics: TheStreet: Investing Strategies


Published on 24 Jul 2018
Some big companies are quieting their critics (for now) this earnings season. Action Alerts PLUS holding Alphabet GOOGL smashed analyst profit forecasts amid strength in all areas of the business. The quarter marked 12 straight quarters of organic revenue growth above 20%. The numbers silenced a Wall Street worried about Alphabet's expense growth. Meanwhile, Harley-Davidson HOG scored a modest win against Trump's Twitter stream. The storied motorcycle maker managed to beat analyst profit estimates by 11 cents. While the second quarter was challenging, the results could have been far worse.

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