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Stocks To Watch Ahead Of Earnings: Medidata Solutions

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With its next quarterly earnings report scheduled for around Oct. 26, Medidata Solutions ( MDSO ) is currently about 1% below an 81.88 buy point .

The entry is based on a second-stage cup with handle .

[ibd-display-video id=2102289 width=50 float=left autostart=true] Understand that buying a stock just ahead of earnings can be risky since you typically don't have enough time to build a profit cushion before the latest quarterly numbers come out. Be sure to follow sound buy and sell rules to minimize your exposure.

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The company reported 19% earnings-per-share growth in its most recent report. Sales increased 20%.

Analysts expect earnings-per-share growth of 10% for the quarter, and 17% growth for the full year. Annual growth estimates were recently revised higher.

The company has a 95 Composite Rating and holds the No. 3 rank among its peers in the Computer Software-Medical industry group. Tabula Rasa Healthcare ( TRHC ) is the No. 1-ranked stock within the group.

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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