General Electric (GE) and Lam Research (LRCX) are this week’s Long Ideas.
These two stocks are likely to beat earnings expectations according to our new Earnings Distortion Scores. One is a struggling company that looks like a good short-term play, even though long-term prospects are uncertain. The other is one of our highest-conviction picks that we expect to outperform in both the short and long term.
We measure earnings distortion using a proprietary human-assisted ML methodology. Street earnings estimates are incomplete and less accurate since they do not consistently and accurately