More Good News on the Earnings Front

This isn't a bad time to wade back into the market.

There may be several companies that have been imploding during the recession, but there are plenty more out there that have earned the gains scored since equity prices began rallying nearly a year ago.

I just went over seven stocks that analysts see posting higher quarterly results this week than they did a year earlier, but I was really only scratching the surface. Thankfully, there are a lot more than seven companies that are pegged to post year-over-year gains on the bottom line this week.

Let's go over a few more.

Source: Yahoo! Finance.

These are companies in vastly different industries. From an alternative fuel specialist to one of the of the leading warehouse clubs -- from a Chinese operator of value-priced lodging to a forward-thinking organic food company -- it's a healthy cross section of sectors that are serving up winners these days.

These reports will have meaty implications. BJ's is reporting as rival Sam's Club has recently announced layoffs and store closures. Marvell's integrated circuits go into a wide variety of electronic devices, so it's a fair bellwether.

The reports aren't going to be perfect. Many of these companies are fortunate in that their latest quarters are stacked up against the dreadful 2008 holiday quarter -- when sentiment was at its worst.

However, since so many companies have yet to turn the corner financially this isn't a time to get greedy. If Wall Street is giving us at least 14 companies projected to post year-over-year increases this week, I'll take it.

Which of these seven companies do you think will keep improving in 2010? Share your thoughts in the comments box below.