HCA Healthcare [HCA] - Last Close: $181.31
HCA Healthcare is taking off after releasing its quarterly report.
The healthcare services stock put out its Q2 earnings results early this morning, and it's getting a warm reception from investors.
HCA Healthcare generated EPS of $3.90 per share on revenues of $14.82 billion in the second quarter, beating Wall Street's $14.73 billion target.
However, HCA's EPS figure fell short of the Street's $3.59 per share target.
The company's board also voted to maintain its quarterly cash dividend of $0.56 per share.
HCA is one of the S&P 500's top-performing stocks with a 13.1% gain.
Our Take: HCA could be a great long-term value play. Healthcare is a recession-resistant industry, and the stock's value ratios look very strong.
American Express Co [AXP] - Last Close: $150.18
American Express is rallying after releasing its earnings report.
The credit card company released its Q2 earnings results this morning and posted better-than-expected figures for earnings and revenues.
American Express reported earnings of $2.57 per diluted share in Q2 to top analysts' $2.40 EPS target.
Revenues of $13.4 billion also beat the Street's $12.54 target.
American Express also raised its full-year revenue growth guidance in response to the unexpectedly resilient credit card spending it saw in the second quarter.
The company now expects revenues to grow between 23% and 25% in 2022, marking a significant increase from its previous guidance of 18% to 20%.
AMEX is one of today's top large-cap stocks with a 4.5% gain.
Our Take: AXP could be on course to break out of its multiple-month downtrend thanks to its strong Q2 report. The stock currently has a P/E ratio of 15.04, and it's been gaining steadily after bottoming out at around $134 per share.
