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Earnings Season Preview: II-VI Near Buy Zone With Quarterly Report Due

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II-VI ( IIVI ) is forming a base showing a 52.65 buy point with its next quarterly report set for Jan. 22. The base is a second-stage cup without handle .

[ibd-display-video id=2881825 width=50 float=left autostart=true] Be aware that buying just before a stock reports can be risky, since disappointing numbers could send it sharply lower. You can minimize your exposure by waiting to see the actual numbers and the market's reaction. You can also use an options strategy to limit your potential downside.

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Earnings growth slowed last quarter from 47% to 35%. But sales moved higher, from 13% to 18%.

Analysts expect earnings growth of -22% for the quarter, and 2% growth for the full year. Annual growth estimates were recently revised upward.

The company has a 91 Composite Rating and earns the No. 1 rank among its peers in the Electronics-Parts industry group. II-VI ( IIVI ) and Littelfuse ( LFUS ) are also among the group's highest-rated stocks.

Note: Dates for earnings reports are subject to change. Check the company's website for any updates.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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