Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Earnings Predictions That Matter

By

A breakdown of this week's reports.

PrintPRINT

Editor's Note: This was originally posted on the Buzz & Banter. It's being republished here for the benefit of the Minyanville community.


Howdy from New York, where I'm transitioning computers and its making me a lunatic because I just made an Unmuzzled which I can't send. So now I'm going textual with the videos. For full effect, picture me dressed Jimmy the Greek, only sober.

As a final note, plenty of companies report this week. These are simply the ones I believe matter:

Tonight
Apple (AAPL) and Texas Instruments (TXN). Both are going to beat, but Texas Instruments is going to be up against dramatically downgraded estimates. That makes Apple and its quarterly boot-stomping of wildly low-balled estimates critical. The stated estimates are 1.42 EPS and $9,204 billion in revenues. Anything less will push Apple further down the skids it started riding last week.

My position: Sidelines or hedged.

Tuesday Morning
Coke (KO). Estimates are for 0.82 EPS and $8.12 billion in revenue. When it's suggested by conspiracy theorists such as me that the Dollar is being destroyed to help multinationals, Coke is more or less who I mean. Volumes may be light but the target numbers will, in my opinion, be soundly beaten.

My position: Have enough cash on hand to buy it on a pullback.

Tuesday Evening
Yahoo (YHOO). Yes, it still exists; just not as a stock you should own under any circumstances.

My positions: In a hazmat suit very far away from the phone.

Wednesday Morning
McDonalds (MCD). One of the best-run companies on Earth. My one concern is its missing SSS during the quarter. That very rarely happens and is, obviously, not a good sign. Still, I'm long and happy about it.

Wednesday Evening
eBay (EBAY). Someday I'm going to tell my kids that eBay and Yahoo were once cool. They will never, ever, believe me.

My Position: See Yahoo.

Thursday Morning
A double whammy of United Parcel Service (UPS) and Potash (POT). A month ago, Potash warned that it was seeing no demand and a dramatic slow-down in usage. Think it fixed that in 30 days? Neither do I. UPS better beat as Fed Ex (FDX) is beating them by about 100% off the lows of March. UPS is coming off a 50% drop in earnings last quarter. I wouldn't trust it with with the money I have in my pocket, let alone make a real investment in UPS.

My position: Cash & Fetal.

Thursday Evening
Amazon (AMZN). Have I mentioned my love for Amazon? Yes, I believe I have. Suffice it to say I'm less than terrified by the Kindle-killing Sony (SNE) e-reader. Amazon is up against $0.33 EPS and $5.021 billion revenues. It has had a great run, so I'm not sure you'll get more than an opening pop on Friday. You trading types may want to trim the positions if and when that happens.

Friday
Microsoft (MSFT). Intel (INTC) beat last week. Apple is going to beat in about an hour. If Microsoft manages to miss, expect to hear nothing but good things about the new operating system ("We're almost done repairing that horrible mess for you!").

My position: Long a little now, by some more later.

< Previous
  • 1
Next >
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE