3 Stocks That Could Make Huge Moves This Week
3 Stocks That Could Make Huge Moves This Week
Advanced Micro DevicesAMD is a global semiconductor designer and manufacturer. The company is expected to report earnings on Wednesday evening. Currently, 17% of AMD’s shares are sold short.
This company has been a thorough a very rough patch. Shares have lost three-quarters of their value over the past five years, as rival NVIDIA has taken market share from AMD.
Here’s What You Should WatchOver the Short Term• AMD is expected to report
a loss of $0.12 per share for the previous quarter.
• Analysts expect the company to have collected $997 million in sales for the previous quarter.
• For the current quarter, analysts expect AMD to lose $0.09 per share on $1.0 billion in revenue.
Over the Long Term• AMD is looking for anything
that can help save the company right now. The best bet is its “Zen” processor core, which is expected to debut in late 2016 or early 2017. Listen in to the conference call to make sure the product is still on its initial timeline.
Winnebago IndustriesWinnebago Industries manufactures and sells RVs and motor homes. The company is expected to report earnings on Thursday morning.
Currently, 18% of Winnebago’s shares are sold short.
Concerns about the company’s backlog, along with disappointing earnings earlier this year, have led investors to wonder how popular the company’s vehicles really are.
Here’s What You Should WatchOver the Short Term• Winnebago is expected to
announce $262 million in revenue for the previous quarter.
• The company is expected to have made $0.47 per share last quarter.
• For the next fiscal year, expectations are set for $1.05 billion in revenue and earnings of $1.82 per share.
Over the Long Term• Last quarter, the company
came through with sales that justified an earlier buildup in inventory. Pay close attention to inventory numbers again, as well as expectations heading into the next fiscal year.
MattelMattel owns some of the most-well known brands in children’s toys. The company is expected to report earnings on Thursday evening.
Currently, 19% of Mattel’s shares are sold short.
Mattel has been the big loser in toys over the past five years, losing significant ground to rival Hasbro. As the popularity of Barbie has faded, so too has Mattel’s stock.
Here’s What You Should WatchOver the Short Term• Analysts are expecting
Mattel to report revenue of $1.9 billion for the previous quarter.
• They are also expecting the company to have earned $0.81 per share for the previous quarter.
• Next quarter, analysts expect earnings of $0.59 per share on $1.9 billion in revenue.
Over the Long Term• While Fisher Price, American
Doll, and Hot Wheels are all important, the performance of Barbie is key for the company. See what management expects for the upcoming holiday quarter.
• Currently, Mattel yields a 7% dividend. But it has used more to pay it out than it has brought in from free cash flow. Listen to see if the dividend will be cut.
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