Disney Looks to Infinity and Beyond
Disney (DIS) is expected to have 2017 profits roughly in line with 2016’s as the company plans for the future with its app and Star Wars lands, which are both due in 2019.
Disney (DIS) is expected to have 2017 profits roughly in line with 2016’s as the company plans for the future with its app and Star Wars lands, which are both due in 2019.
Packaging company Ball (BLL), the largest manufacturer of beverage cans in the world, is expected to grow profits +20% in three of the next four qtrs as it integrates Rexam.
CVS (CVS) was a great stock for three-and-a-half decades, then slower sales and profits brought the stock down. I feel CVS will make a comeback, but not just yet.
Monster Beverage (MNST) is growing profits around 20% yet has an astronomical P/E of 38. Why is the stock so high? Perhaps Coca-Cola is eying the company.
Bright Horizons Family Solutions (BFAM), an on-site employer sponsored childcare, continues to move higher (with a strong economy) as profit growth eclipses 20%.
It looks to me like TJX Companies (TJX) has turned up on the one-year chart, and with profit growth expected to average 15% the next 4 qts TJX could continue higher.
Alibaba (BABA) was big news after its IPO in 2014. Then the stock went down during 2015 and people lost interest. Today the company is doing better than people think.
Ecolab (ECL) expects growth to accelerate during the 2nd half of the year, and with reduced F/X that should help profits grow at double-digit rates.
The merger between Becton Dickinson (BDX) and C.R. Bard is expected to close in the 4th qtr of this year, and BDX stock is rallying ahead of the big event.
Phone-to-phone (P2P) payments were up 20% last qtr at Fiserv (FISV), which operates financial software banks utilize to operate their businesses.
Domino’s (DPZ) has gone up ten-fold in six years. But the stock is off its highs on news International sales growth has slowed. But the P/E ratio is still high.
For the second time in the past year Alphabet’s (GOOGL) profit estimates got slashed. GOOGL was expected to make $40 in profits this year, now it’s looking like $30.