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Communications Sector to Lead Q3 EPS Growth; Stocks to Watch

Thomas Hughes
Written by Thomas Hughes
September 27, 2023

Key Points

  • The Communications Sector will lead the S&P 500 for EPS growth in Q3. 
  • The sector's largest allocations will see the strongest growth; some will not grow. 
  • The analysts are driving Meta, Alphabet, and Netflix higher. 
  • Five stocks we like better than Meta Platforms.
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Thomas Hughes
About The Author

Thomas Hughes

Contributing Author

Technical and Fundamental Analysis

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Communication Services Select Sector SPDR Fund (XLC)N/A$91.27+0.9%1.14%18.97Moderate Buy$91.27
Netflix (NFLX)
4.2388 of 5 stars		$918.29-0.3%N/A46.31Moderate Buy$1,017.31
Alphabet (GOOG)
4.8967 of 5 stars		$159.40+2.6%0.50%19.80Moderate Buy$208.71
Charter Communications (CHTR)
4.3169 of 5 stars		$334.38-0.3%N/A9.56Hold$389.06
Meta Platforms (META)
4.2249 of 5 stars		$543.57-0.5%0.39%22.72Moderate Buy$701.38
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