CNBC‘s Dominic Chu gives an interesting insight on three of the stocks, namely, Michael Kors Holdings Ltd (NYSE:KORS), Electronic Arts Inc. (NASDAQ:EA) and Pitney Bowes Inc. (NYSE:PBI), which have steadily performed in terms of their earnings and shares performance during the last four-quarters.
Chu started with Michael Kors Holdings Ltd (NYSE:KORS), which rallied by nearly 7% following the day of its earnings report. He recalled that the shares of Kors had soared by over 17% in February too, right after the company had reported a robust holiday sales and had upped their profit estimates for the next quarter. Michael Kors Holdings Ltd (NYSE:KORS) has so far reported better-than-expected results in all the four quarters in a row.
Second in line is Electronic Arts Inc.(NASDAQ:EA), a renowned video game maker, which posted a gain of 9% following its results release. Chu said, “Investors expressed optimism that Electronic Arts Inc. (NASDAQ:EA)’s turnaround efforts were actually taking hold and its focus on digital business would yield some results.” According to FactSet’s annual average forecast, the shares of Electronic Arts Inc. (NASDAQ:EA) have a potential to post an additional gain of 5% in the forthcoming months.
Lastly, Chu outlines Pitney Bowes Inc. (NYSE:PBI) as the sole biggest gainer in the S&P 500 index, which has recorded positive four quarters in a row. Pitney Bowes Inc. (NYSE:PBI) has been up by more than 12% and according to Chu; the company is getting a lot of investor’s attention on account of its solid sales in the digital market space, enterprise business solutions, and it has also succeeded to penetrate well in the e-commerce market segment. Chu wraps up that though, Michael Kors Holdings Ltd (NYSE:KORS), Electronic Arts Inc. (NASDAQ:EA) and Pitney Bowes Inc. (NYSE:PBI), all have posted gains in between 7-9%, but all of them are clear winners as far as the consistency is concerned.
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