22 winners from reporting season

22 winners from reporting season. From Roger Montgomery: As the current reporting season draws to a close, we've come up with our list of the market's best (and, by default, less-than-best) performers. There are three elements of a bull market. The first phase is the P/E expansion as the market climbs a wall of worry. Tick. The second stage is earnings growth (which our list of winners and losers appears to suggest is underway). Tick. The third stage is known as the blow-off phase, where people start paying silly prices amid a fear of missing out. We haven't yet had that third stage, but I believe we are well into the second - and I'm tempted to believe we might see the blow-off phase sometime before or during 2016. We have picked 22 winners and 16 losers from the recent reporting season and provided some brief commentary on each. (VIEW LINK)

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