3 Stocks That Could Make Huge Moves This Week

Post on 23-Feb-2017

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3 Stocks That Could Make Huge Moves This Week

True CarTrue Car attempts to bring the majority of the car-searching and buying process online. The company reports on Thursday afternoon. Currently, 27% of True Car’s shares are sold short.

True Car is an unprofitable, newly IPO’d company that just endured a shake-up that saw the CEO leave. Some doubt that dealers will embrace the service.

Here’s What You Should WatchOver the Short Term• True Car is expected to

report a loss of $0.04 per share for the previous quarter.

• Analysts expect the company to have collected $65.4 million in sales for the previous quarter.

• For 2016, analysts expect the company to earn $0.05 per share on sales of $310 million.

Over the Long Term• Listen in to the conference call

to get a feel for how True Car’s dealership network is responding to the company’s value proposition. After last year’s break-up with AutoNation, keeping this network happy is vital.

NordstromNordstrom is a clothing and accessories retailer. The company reports earnings on Thursday evening.

Currently, 18% of Nordstrom’s shares are sold short.

Like all retailers, it’s been a tough run. The company’s revenue is down year-over-year as it tries to become more of an e-commerce presence.

Here’s What You Should WatchOver the Short Term• Nordstrom is expected to

announce $4.2 billion in revenue for the previous quarter.

• The company is expected to have made $1.23 per share last quarter.

• For fiscal 2017, expectations are set for $15.2 billion in revenue and earnings of $3.57 per share.

Over the Long Term• Same-store sales—which include

results from e-commerce—are vital. Check to see if they can accelerate beyond the 0.9% increase seen last quarter.

• In order to become a real e-commerce player, Nordstrom needs to begin work on its West Coast (Fresno) fulfillment center. Listen to the conference call to see when this will happen.

Boston BeerBoston Beer is the parent company of Sam Adams beer. The company will report earnings on Thursday evening.

Currently, 18% of Boston’s float is sold short.

Boston Beer is simply pricey—trading for 24 times earnings. With micro-brews popping up all over the map, many investors believe the days of frothy growth are coming to an end.

Here’s What You Should WatchOver the Short Term• Analysts are expecting

Boston to report revenue of $224 million for the previous quarter.

• They are also expecting the company to have earned $1.13 per share for the previous quarter.

• For 2016, analysts expect earnings of $8.05 per share on $1.02 billion in revenue.

Over the Long Term• While I don’t usually think

something as short-term as 2016 revenue guidance is a great barometer, I think it will provide a window into demand for Sam Adams moving forward. For reference, revenue has grown by 10% over the past twelve months.

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