div > div.group > p:first-child"> Investors are gearing up for the busiest week of earnings with more than 140 S&P companies and 12 Dow components set to post results.
There may be many names to choose from, but Piper Jaffray's Craig Johnson and Strategic Wealth Partners' Mark Tepper agree that Amazon is the name to watch ahead of earnings. "Now of course they have their e-commerce business, and that industry in particular is growing in the low double digits, but their cloud business is where it's at. That's high margin, it's growing at over 40% per year, and it's all recurring revenue. ... Their ad business is ramping up, which is also high margin. They're actually stealing ad dollars from Facebook and Google. And no one is even talking about them in the streaming wars," he said.
"If you take a look at that chart you're making a pretty good-looking base, you're making a nice series of higher highs and higher lows, so I think at this point in time this is a stock that I would trade to the long side heading into earnings season. … [It's] a stock that should hold up well despite whatever the earnings release is," he said.
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La source: CNBC - 🏆 12. / 72 Lire la suite »
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La source: CNBC - 🏆 12. / 72 Lire la suite »
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As Goldman Sachs drags on financials, Cramer and other experts weigh in on bank earningsAhead of earnings from Bank of America and Morgan Stanley later this week, five experts weigh in on the mixed quarter for the big banks so far. TradingNation When did Cramer become an “expert”? He’s always been a piker, charlatan and clown.
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Stocks slip after lackluster earnings from Goldman Sachs and CitigroupStocks slipped slightly today following mixed quarterly numbers from Goldman Sachs and Citigroup. The Dow fell 0.11% and the S&P 500 fell 0.06%.
La source: CNBC - 🏆 12. / 72 Lire la suite »
Stocks end on a negative note as bank earnings disappointU.S. stocks finished slightly lower on Monday after earnings from Goldman Sachs Group Inc. and Citigroup Inc. underwhelmed amid concerns over the banking...
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Asia stocks cling to nine-month high on China hopes, Wall Street dented by earningsAsian stocks ticked up on Tuesday, staying near a nine-month high as hopes of st...
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Stocks climb toward records after corporate earningsU.S. equities rose at the opening bell on Tuesday, following a round of better than expected corporate earnings. The S&P 500 rose 0.3% to 2,914. The Dow...
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