See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
HP Inc. (HPQ) - free report >>
Lowe's Companies, Inc. (LOW) - free report >>
Autodesk, Inc. (ADSK) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
HP Inc. (HPQ) - free report >>
Lowe's Companies, Inc. (LOW) - free report >>
Autodesk, Inc. (ADSK) - free report >>
Image: Bigstock
Alibaba and 4 Other Top Earnings Charts for the Week
There are over 150 companies reporting this week including many of the top retailers but there are still a few top technology names among them.
Included this week is the hot Chinese Internet giant Alibaba as well as several other technology companies you will want to watch.
Most of these companies have great earnings track records. Several are trading at or near new multi-year highs.
Which charts should you be watching this week?
Alibaba and 4 Other Top Earnings Charts to Watch This Week
1. Lowe’s (LOW - Free Report) is the only one that has an awful earnings surprise record. It has more misses than beat. But, shares have broken out of their multi-year channel this year. Will a beat actually send them to new 5-year highs?
2. L Brands (LB - Free Report) hasn’t missed in 5 years but shares are trading near 5-year lows proving that a beat doesn’t guarantee a stock rally. What will it take to turn around these shares?
3. Alibaba (BABA - Free Report) has beat 3 out of the last 4 quarters, however, shares are down nearly 5% over the last month on China trade jitters. Is it a buying opportunity ahead of earnings?
4. Autodesk (ADSK - Free Report) hasn’t missed since 2015. Shares have stalled out near the 5-year highs this year. Will another beat send them to new highs?
5. HP Inc. (HPQ - Free Report) is the printer, PC and laptop business left over in the split up of Hewlett Packard. Outside of a miss right after the split, it has a perfect earnings surprise record. Shares have grinded to new highs. Is this a hidden gem?
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>