Sharing information on stocks we will keep a close watch on, in the coming week. There can be good trading opportunities in these tickers:
Monday – (HP Inc. and Carter’s Inc.):
HP Inc. (NYSE: HPQ) to report quarterly earnings after market and Carter’s Inc. (NYSE: CRI) to report earnings before the market opens on Monday. Shares of HP, the computer and printer company have stayed flat over the past year and the market has it at $14.6 billion in revenue and an EPS of 54 cents. Carter, the textile – apparel clothing company, has exhibited good momentum over the past year and particularly in the recent few months. Seem like good trading opportunities for a bright start this week!
Tuesday – (Palo Alto Networks, Home Depot, Macy’s Inc.):
Palo Alto Networks (NYSE: PANW) to report quarterly earnings. The cloud provider delivered a good quarter last time. The market has it at $844 million in revenue and $1.12 in earning per share
Macy’s Inc. (NYSE: M), Home Depot (NYSE: HD) to report quarterly earnings. Watch out for news from traditional retailers. Macy’s has been down 32.5% over the past 12 months, while in contrast Home Depot is up 27.5% so far. Definitely good trading opportunities to watch out for!
Wednesday – (Lowe’s, TJX):
Lowe’s (NYSE: LOW), TJX (NYSE: TJX) to provide more visibility on the rapidly changing dynamics in the retail industry. We’ve been covering a fair bit of action on the retail market in our posts.
Lowe’s is up 17.9% over the past 12 months and TJX is up 25.7%. Strong performance, we admit and definitely one to watch out for!
Thursday – (Best Buy, Dell):
Best Buy (NYSE: BBY), Dell (NYSE: DELL) will report earnings. Best Buy has delivered returns of 49.3% over the past 12 months! Dell has been down 7.9%. Exceptional returns from the electronics retailer Best Buy so far. The market has it at $15 billion in revenue and $2.75 earnings per share. Will BBY continue to be one of the best out there? Remains to be seen and the coming days will surely shed more light on the answer to our question.
Friday – (Workday, Trade Desk):
Cloud computing company, Workday (NASDAQ: WDAY) and online furniture store, Wayfair (NYSE: W) to report earnings. Workday was downgraded by Societe Generale a few days back while Wayfair has seen bearish sentiment with the stock down 46.6%, over the past 12 months. We advise you to watch out and be wise.