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The 5 Best Stocks to Trade The First Week of Earnings Season

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It’s official, Q1 earnings season is upon us. The expectations for this quarter are very high and the market needs some distraction from the geopolitical concerns that have roiled the landscaped recently. After last week’s soft launch of the season, this week is very hard hitting. We’ll have reports from streaming giant Netflix (NFLX - Free Report) , Lam Research (LRCX - Free Report) , steel company Nucor (NUE - Free Report) , shoe-maker Skechers (SKX - Free Report) and oil services giant Schlumberger (SLB - Free Report) . This first week will have a smattering of financial firms, tech companies, along with commodity stocks. It should prove to be an exciting week.

Live April 16th at 12PM Eastern/11AM Central:

If you’re looking for the best stocks to trade this week, check out the video above where I, Dave Bartosiak, walk through the charts on these five stocks, looking for the best setups for the coming week. Long-term investors will also find value as I uncover earnings trends underlying each of these stocks. Pullbacks following earnings could be the perfect opportunity for value investors looking to add to positions while breakouts could offer momentum traders swing trades to profit from. A little something for everyone, along with live chat to answer your questions.

Missed out on the live show? No worries, shoot me an email to get on the list for the next show! livetrader@zacks.com

This week’s stocks to watch:

Netflix (NFLX - Free Report) 4/16 AMC

Netflix, Inc. Price and Consensus

Netflix, Inc. Price and Consensus | Netflix, Inc. Quote

Netflix, Inc., an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. It operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD. The company offers TV shows and movies, including original series, documentaries, and feature films. It offers members with the ability to receive streaming content through a host of Internet-connected screens, including TVs, digital video players, television set-top boxes, and mobile devices.

Lam Research (LRCX - Free Report) 4/17 AMC

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide. The company offers thin film deposition products, including SABRE electrochemical deposition products for copper damascene manufacturing; ALTUS systems to deposit conformal atomic layer films for tungsten metallization applications; VECTOR plasma-enhanced chemical vapor deposition (CVD) and atomic layer deposition systems to deposit oxides, nitrides, and carbides for hardmasks, multiple patterning films, anti-reflective layers, multi-layer stack films, and diffusion barriers; and Striker atomic layer deposition systems that deliver conformal dielectric films for spacer-based patterning and liner applications in various advanced memory and logic structures.

Nucor (NUE - Free Report) 4/19 BMO

Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. It operates in three segments: Steel Mills, Steel Products, and Raw Materials. T

Skechers (SKX - Free Report) 4/19 AMC

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women under the Skechers GO brand worldwide. It operates through three segments: Domestic Wholesale Sales, International Wholesale Sales, and Retail Sales. 

Schlumberger (SLB - Free Report) 4/20 BMO

Schlumberger Limited supplies technology products and services to the oil and gas exploration and production industry worldwide. The company's Reservoir Characterization Group segment provides reservoir interpretation and data processing services; open and cased-hole services; slickline services; exploration and production pressure and flow-rate measurement services at the surface and downhole; software integrated solutions, such as software, consulting, information management, and IT infrastructure services; consulting services for reservoir characterization, field development planning, and production enhancement; and petrotechnical data services and training solutions, as well as integrated management services.

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