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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 to consider instead of 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$97.60+0.8%0.98%18.99Moderate Buy$97.60
Netflix (NFLX)
3.7971 of 5 stars		$960.29+1.0%N/A48.43Moderate Buy$1,016.78
Alphabet (GOOG)
4.9769 of 5 stars		$166.25+0.7%0.48%20.65Moderate Buy$209.13
Charter Communications (CHTR)
3.312 of 5 stars		$363.81+0.3%N/A10.41Hold$389.39
Meta Platforms (META)
4.3344 of 5 stars		$596.25+1.7%0.35%24.93Moderate Buy$718.31
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