Next week we have three key DJIA components reporting earnings, and many other market-moving and sector-moving companies are on deck as well. The DJIA components on deck with earnings will be Intel Corporation (NASDAQ: INTC), JPMorgan Chase & Co. (NYSE: JPM), and General Electric Co. (NYSE: GE). Other key sector- moving stocks are Apollo Group Inc. (NASDAQ: APOL), Safeway Inc. (NYSE: SWY), Advanced Micro Devi
ce, Inc. (NYSE: AMD), Google Inc. (NASDAQ: GOOG), JB Hunt Transport Services Inc. (NASDAQ: JBHT), Infosys Technologies Ltd. (NASDAQ: INFY), and Mattel Inc. (NYSE: MAT).
We have compiled data from Thomson Reuters, added in color, and shown how the stocks have performed of late on each. We have also added in the obvious secondary or tertiary stocks to watch by ticker.
On Tuesday after the close, we will get a report from DJIA component Intel Corporation (NASDAQ: INTC) and Thomson Reuters has estimates of $0.50 EPS and $11.0 billion in revenues; Next quarter estimates are $0.50 EPS and $11.34 billion in revenues. With the move to smartphones and the wave of coming notepad and iPad purchases over traditional PC’s, it will be interesting to see if Intel can get around the same issue Micron discussed. Intel gets very little to nothing from those sales. At $19.47 its 52-week trading range is $17.60 to $24.37. Keep in mind that Intel had already warned during the quarter and the results were considered “good enough” for many even if the stock did hit 52-week lows during the quarter. Obviously, we’d watch MSFT, DELL, HPQ, AAPL, AMD, SMH, and anything chip-related.
Wednesday morning will be a report from DJIA component J.P. Morgan Chase & Co. (NYSE: JPM). Jamie Dimon and friends have estimates from Thomson Reuters of $0.88 EPS and $24.48 billion in revenues; Next quarter estimates are $0.92 EPS and $24.7 billion in revenues. If you want to know which bank tickers could be affected, it is all of them: BAC, C, WFC, GS, MS and on and on… At $39.24 its 52-week trading range is $35.16 to $48.20.
After the close of trading on Wednesday, Apollo Group Inc. (NASDAQ: APOL). Thomson Reuters has estimates for the controversial for-profit education leader of $1.30 EPS and $1.26 billion in revenues; Next quarter estimates are $1.65 EPS and $1.41 billion in revenues. At $50.05 its 52-week trading range is $38.39 to $76.86. Investors will probably be paying attention to legislation concerns and comments around that more than just raw guidance because the legislation could have far-reaching and long-lasting effects.
Thursday morning will bring Safeway Inc. (NYSE: SWY) as the first grocer for earnings season. Thomson Reuters has estimates of $0.31 EPS and $9.44 billion in revenues; Next quarter estimates are $0.62 EPS and $12.8 billion in revenues. At $21.10 its 52-week trading range is $18.73 to $27.04.
