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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$100.19-0.5%1.04%18.94Moderate Buy$100.19
Netflix (NFLX)
3.8227 of 5 stars		$1,185.39-0.2%N/A59.78Moderate Buy$1,102.79
Alphabet (GOOG)
4.7181 of 5 stars		$169.59-1.4%0.50%21.07Moderate Buy$203.94
Charter Communications (CHTR)
4.1487 of 5 stars		$406.36-0.9%N/A11.62Hold$409.39
Meta Platforms (META)
4.1022 of 5 stars		$627.06-1.5%0.33%26.21Moderate Buy$701.05
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