Welcome to Extreme Investor Network, where we bring you exclusive insights and analysis on the latest trends in the world of investing. Today, we are diving into the first-quarter reporting season and highlighting some key stocks that are expected to experience significant post-earnings moves.
As the reporting season nears its end, investors are closely watching the performance of companies in the S&P 500. According to FactSet data, 79% of companies have topped earnings expectations, while 61% have surpassed revenue estimates. This data sets the stage for potential volatile moves in the market as some key stocks prepare to report their quarterly results.
One stock to watch is Canada Goose, which is expected to see a 10.7% move after reporting results on Thursday. The luxury coat maker has seen its shares fall about 4% this year, making it a potential candidate for a rebound. Additionally, Jack in the Box is poised for a 9.7% move, with the quick-service restaurant chain facing a significant drop in share price this year. Loop Capital suggests buying the dip and capitalizing on the recent selloff as the company prepares for a surge in comps.
Chinese technology and e-commerce giants Alibaba, Baidu, and JD.com are also on the radar, with all three stocks poised to experience moves of about 6% or more. These companies have seen mixed performance this year, with Baidu shares down 5% while Alibaba and JD.com have seen gains.
Home improvement giant Home Depot and discount retailer Walmart are also in the spotlight, with both stocks expected to experience moves of roughly 4%. Deutsche Bank reiterated its buy rating on Walmart, citing the company’s continued growth in grocery and expanding gross margins through digital advertising and fulfillment services.
Other stocks to keep an eye on include Under Armour, Take-Two Interactive, and Applied Materials. These companies are poised for potentially big moves in the post-earnings market, offering opportunities for investors to capitalize on market fluctuations.
Stay tuned to Extreme Investor Network for more exclusive insights and analysis on the latest trends in investing. With our expert analysis and unique perspective, you’ll be well-equipped to navigate the ever-changing world of investing with confidence.