Alibaba and 4 Other Top Earnings Charts for the Week

Tracey Ryniec Published on August 21, 2018

There are over 150 companies reporting this week including many of the top retailers but there are still a few top technology names among them.

Included this week is the hot Chinese Internet giant Alibaba as well as several other technology companies you will want to watch.

Most of these companies have great earnings track records. Several are trading at or near new multi-year highs.

Which charts should you be watching this week?

Alibaba and 4 Other Top Earnings Charts to Watch This Week

1. Lowe’s (LOW - Free Report) is the only one that has an awful earnings surprise record. It has more misses than beat. But, shares have broken out of their multi-year channel this year. Will a beat actually send them to new 5-year highs?

2. L Brands hasn’t missed in 5 years but shares are trading near 5-year lows proving that a beat doesn’t guarantee a stock rally. What will it take to turn around these shares?

3. Alibaba (BABA - Free Report) has beat 3 out of the last 4 quarters, however, shares are down nearly 5% over the last month on China trade jitters. Is it a buying opportunity ahead of earnings?

4. Autodesk (ADSK - Free Report) hasn’t missed since 2015. Shares have stalled out near the 5-year highs this year. Will another beat send them to new highs?

5. HP Inc. (HPQ - Free Report) is the printer, PC and laptop business left over in the split up of Hewlett Packard. Outside of a miss right after the split, it has a perfect earnings surprise record. Shares have grinded to new highs. Is this a hidden gem?

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