Welcome to Extreme Investor Network, where we bring you unique insights and analysis on the latest trends in the investing world. Today, we are diving into some well-known stocks that could see significant moves following their earnings reports this week.
With the third-quarter earnings season in full swing, we have identified a few key companies that investors should keep an eye on. From United Airlines to Goldman Sachs, the list is packed with potential movers.
One stock that stands out is Walgreens, which is expected to see a 12.2% swing in either direction following its earnings release. The pharmacy chain has had a challenging year, with shares plummeting more than 60% in 2024. However, analysts are optimistic about a potential rebound, with a price target suggesting a double-digit increase.
Aluminum giant Alcoa is also on our radar, with an implied move of 7% expected after its earnings report. The stock has had a strong year, climbing over 20% in 2024. Analysts have a buy rating on Alcoa, citing strong aluminum prices as a key driver of future growth.
Lastly, all eyes will be on Netflix as it reports its earnings on Thursday. The options market is predicting a 6.8% move in either direction for the streaming giant. Analysts are bullish on Netflix’s prospects, with one citing the company’s dominance in producing high-engagement content as a key strength.
At Extreme Investor Network, we go beyond the headlines to provide you with in-depth analysis and actionable insights. Stay tuned for more updates on the latest investing trends and opportunities.