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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$102.58-1.0%1.01%18.94Moderate Buy$102.58
Netflix (NFLX)
4.1502 of 5 stars		$1,212.15-0.2%N/A61.13Moderate Buy$1,156.73
Alphabet (GOOG)
4.8992 of 5 stars		$175.88-0.6%0.48%21.85Moderate Buy$204.88
Charter Communications (CHTR)
4.179 of 5 stars		$388.72-2.1%N/A11.12Hold$409.42
Meta Platforms (META)
3.9609 of 5 stars		$682.87-1.5%0.31%28.55Moderate Buy$704.26
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