3 Stocks to watch in the New Year! $ICE, $LB, $BBY

Intercontinental Exchange, Inc. (ICE) is a strong buy with having an Earnings ESP of +1.19%. The current estimate for fourth-quarter 2014 is $2.53 per share, portraying 26.5% growth from the prior-year period. This Atlanta-based operator of a network of regulated exchanges and clearing houses for financial and commodity markets in the U.S., registered an average positive earnings surprise of 2.7% over the trailing four quarters, and has a long-term earnings growth rate of 14.9%. The company is expected to report on Feb 5, 2015.

L Brands, Inc. (LB) is a strong buy with having an Earnings ESP of +3.47%. The current Zacks Consensus Estimate for the fourth quarter fiscal 2014 is $1.73 per share, which indicates an increase of 4.8% year over year. This Columbus, Ohio-based specialty retailer of women’s intimate and other apparel registered an average positive earnings surprise of 4.5% over the trailing four quarters, and has a long-term earnings growth rate of 12.2%. The company’s earnings are expected to be released on Feb 25.

Best Buy Co., Inc. (BBY) is a strong buy with an Earnings ESP of +9.85%. The current Zacks Consensus Estimate for the fourth quarter of fiscal 2015 is pegged at $1.32 per share, reflecting an increase of 6.3% year over year. This Richfield, Minnesota-based multi-channel retailer of technology products registered an average positive earnings surprise of 41.6% over the trailing four quarters, and has a long-term earnings growth rate of 15%. The company is expected to report on Mar 3, 2015.

I will be watching these more closely in the upcoming sessions.

MonacoTrader