Ahead of Earnings: INTC, CREE, XLNX, JPM, STU
I Answer Questions
via 1-1 Live Chat
January 12, 2010
BY Billy Fisher:
Contributor, Stock Traders Daily
Real Time Trading Reports: Included are detailed trading reports designed to help investors realize opportunities in these companies. The reports are linked to the stock symbols in the article below.
(La Jolla, CA) As this week begins to wind down, some big names will be releasing their earnings. Their results could help set the tone for the Q4 earnings season. Here are a few companies to keep an eye on in the coming days.
Surging Semis
On Thursday after the market close, the semiconductor giant Intel (Nasdaq: INTC) will check in with its Q4 earnings. Analysts are expecting the company to announce a surge in EPS to $0.37 from $0.04 in the year-ago quarter. Sales are expected to rise 23.2% on a year-over-year basis.
Shares of Intel rose 43.0% in 2009 as the company began to benefit from a rebound in retail chip demand. The company looks in good shape going into 2010 with consumer PC demand also recovering. Intel’s results will begin a string of semiconductor earnings with Cree (Nasdaq: CREE) and Xilinx (Nasdaq: XLNX) reporting their own quarterly results early next week.
Investors looking to trade any of these semiconductor stocks can review our free INTC, free CREE and free XLNX trading reports for additional coverage.
Straight to the Bank
JPMorgan Chase & Co. (NYSE: JPM) will be the first of the big banks to reports its earnings when the company announces its Q4 results on Friday morning. JPM is also expected to knock the cover off of the ball. Analysts are predicting that EPS will rise to $0.62 from $0.07 a year ago. Sales are expected to jump 56.9% over the same time period.
In October, the company reported a strong Q3 with growth from its investment banking, asset management, commercial banking and retail banking operations. Management did note however that credit costs remain elevated and will likely continue to remain in such a state for the foreseeable future.
Traders looking to take a long of short position on this bank ahead of earnings can benefit from checking out our free JPM trading report.
Back to School
Sticking with the financial services theme, Student Loan Corporation (NYSE: STU) is also expected to report its Q4 earnings on Friday. The company’s stock price was knocked to its knees along with most other student lenders during the credit crunch, but has since begun to stabilize. Shares of STU rose 19.6% in 2009.
In Q3, the company saw its net income rise to $2.74 per share from $0.27 per share in the same quarter of 2008. The 3.0% dividend yield that STU carries may appeal to some income investors. Those looking to pull the trigger on this stock are advised to review our free STU trading report before proceeding.
Looking to get in ahead of earnings? Check out dynamic real-time trading reports published by Stock Traders Daily CEO, Tom Kee Jr., with a Free Trial. In 2009, Kee's Position Trades were up +56% on 4 trades.
.
Copyright 2007-2010, Stock Traders Daily - All Rights ReservedSample Reports: BIDU CC CSCO DELL DIA DIS EBAY EMC GM GOOG HPQ IBM INTC MOT MSFT PFE QQQQ RIMM SNDK SPY YHOO ta
Trading Advice Technical Analysis Stock Quotes Online Trading Stock Trading Trade Stock Investing Investment Stock Market Stock Investment AdviceInvestment Services Investing Online Investing Rule Based Trading Day Trading Swing Trading