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Earnings from Comcast, Airlines & More, Plus a Cheap Tech Stock to Buy - Free Lunch
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On today’s episode of Free Lunch here at Zacks, Associate Stock Strategist Ben Rains dives into quarterly earnings results from Comcast (CMCSA - Free Report) , Southwest Airlines (LUV - Free Report) , American Airlines (AAL - Free Report) , and more. We then look at why Pure Storage, Inc. PSTG is a Zacks Rank #1 (Strong Buy) stock right now, as it trades under $20 a share.
Stocks around the world fell Thursday, as worries about the coronavirus spread. The Shanghai Composite Index slipped 2.8% after the Chinese government locked down Wuhan and two other cities, to try to prevent the spread of the virus that has already killed at least 17 people.
Meanwhile, U.S. homes sales picked up in December and home-builder sentiment was higher than it has been during any month since 1999.
On the earnings front, Wall Street is worried about Southwest and American Airlines’ continued exposure to Boeing’s (BA - Free Report) 737 Max. Procter & Gamble (PG - Free Report) and rival Kimberly Clark (KMB - Free Report) both reported their quarterly results.
Plus, Comcast proved that it is able to grow despite the continued loss of pay-TV customers in the cord-cutting age. The firm is also ready to enter the streaming market with the launch of Peacock later this year to challenge the likes of Netflix (NFLX - Free Report) , Disney (DIS - Free Report) , and others.
Intel (INTC - Free Report) is set to report after the closing bell Thursday. Looking further ahead, Apple (AAPL - Free Report) , Microsoft (MSFT - Free Report) , Facebook FB, Amazon (AMZN - Free Report) , and many other giants are all set to report their quarterly earnings results next week.
The episode then closes with a look at why Pure Storage is a Zacks Rank #1 (Strong Buy).
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
Earnings from Comcast, Airlines & More, Plus a Cheap Tech Stock to Buy - Free Lunch
On today’s episode of Free Lunch here at Zacks, Associate Stock Strategist Ben Rains dives into quarterly earnings results from Comcast (CMCSA - Free Report) , Southwest Airlines (LUV - Free Report) , American Airlines (AAL - Free Report) , and more. We then look at why Pure Storage, Inc. PSTG is a Zacks Rank #1 (Strong Buy) stock right now, as it trades under $20 a share.
Stocks around the world fell Thursday, as worries about the coronavirus spread. The Shanghai Composite Index slipped 2.8% after the Chinese government locked down Wuhan and two other cities, to try to prevent the spread of the virus that has already killed at least 17 people.
Meanwhile, U.S. homes sales picked up in December and home-builder sentiment was higher than it has been during any month since 1999.
On the earnings front, Wall Street is worried about Southwest and American Airlines’ continued exposure to Boeing’s (BA - Free Report) 737 Max. Procter & Gamble (PG - Free Report) and rival Kimberly Clark (KMB - Free Report) both reported their quarterly results.
Plus, Comcast proved that it is able to grow despite the continued loss of pay-TV customers in the cord-cutting age. The firm is also ready to enter the streaming market with the launch of Peacock later this year to challenge the likes of Netflix (NFLX - Free Report) , Disney (DIS - Free Report) , and others.
Intel (INTC - Free Report) is set to report after the closing bell Thursday. Looking further ahead, Apple (AAPL - Free Report) , Microsoft (MSFT - Free Report) , Facebook FB, Amazon (AMZN - Free Report) , and many other giants are all set to report their quarterly earnings results next week.
The episode then closes with a look at why Pure Storage is a Zacks Rank #1 (Strong Buy).
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>