Earnings season picks up this week with investors frantically searching for companies that are poised to beat. After a strong session from the banks capped off last week, earnings prospects appear to be picking up. The earnings recovery that was once believed to be delayed by the shocking Brexit vote could come into full effect as early as this week.
Beaten-down companies of 2015 are showing signs of reversing their past misfortunes as we head into the heart of earnings season. These rags-to-riches stories come from some of the most unsuspecting companies, including General Motors, AMD, Pandora, and General Electric. Their earnings will come in the shadows of reports from tech giants such as Microsoft and Intel, but they could very well be the true stars this week.