There are over 800 companies reporting earnings this week but the focus will really be on the hot big cap stocks, including some Dow components.
While FANG stocks like Amazon and Facebook will take up a lot of oxygen, investors shouldn’t overlook the other glamour names that are reporting at the end of the week.
The first of the Big Oil companies will also report earnings. While investors have been ignoring the energy stocks for the last 2 years, with WTI crude eying $70 again, the sector is back in the spotlight.
Here are the must-watch stocks to end the week.
5 Stocks in the Earnings Spotlight
Domino’s (has the best comparables in the business. But it’s nearly impossible to keep up double digit comps for more than 2 years. What happens as they slow? Shares are near new all-time highs ahead of the report. DPZ - Free Report)
Starbucks (has only missed once in the last 5 years but shares have been stuck the last 3 years in a narrow trading range. Starbucks is neither a big growth stock nor a value stock. What could push it to new highs? SBUX - Free Report)
Baidu (hasn’t missed since 2014. This is the first of the Chinese Internet stocks to report earnings so investors interested in that space should be tuning in. BIDU - Free Report)
Exxon (is coming off a miss last quarter. Shares hit another 52-week low earlier in the year but as crude prices have risen, so has the stock. Watch for production guidance. XOM - Free Report)
Chevron (is also coming off a miss last quarter but its earnings chart looks better than Exxon’s. Shares are well off the lows. Is this the quarter when the Big Oil companies finally turn the corner? CVX - Free Report) [In full disclosure, the author of this article owns shares of SBUX in her personal portfolio.]
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