Biggest week of earnings ahead: here are the names to watch

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Ahead of the biggest week of earnings season, with 155 S&P 500 companies set to report, we round up the names that traders are paying the most attention to: Beyond Meat, Apple, Chevron and more.

Earnings won't be anything special, predicts Brown, but you should still stick with the stock. "You're not going to have blow out numbers in any hardware. This is going to be about services, and that's where the volatility, either upside or downside, will come.

" Apple has been shifting more into services recently, most notably with its new entertainment streaming service,"Regardless of what happens," Brown said on Friday, "you're still talking about one of the best companies in the world, selling at 17 times forward estimates. I think it's reasonable to be long here.", the chipmaker that could suffer the most as Apple develops 5G chips in-house, is also reporting next week on Wednesday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These 5 technical indicators are sending warning signals for the stock marketMeasures of market breadth have deteriorated in recent weeks, and analysts say this dynamic may foretell a significant pullback ahead for the S&P 500 Not true. The Russsell 2000 was up almost 2% today.
Source: MarketWatch - 🏆 3. / 97 Read more »