Expect TJX’s Profit Growth To Pick Up Next Qtr
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.
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.
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.
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.
Public Storage (PSA) owns and operate self-storage units in the U.S. and Europe. The stock is very safe, pays a 3% yield, and is currently on a dip. Time to buy?
S&P 500 assets soared 38% during the last year, and that’s helped boost shares of S&P Global (SPGI), which makes licensing fees off these investments.
Starbucks’ (SBUX) fundamentals are deteriorating, as in estimates have been on the decline. Also, growth has slowed. But, with a P/E of 23 this stock is nicely priced.
Amgen (AMGN) continues to beat the street, and could be on its way to its fifth consecutive year of double-digit profit growth. Not bad for a safe stock.
MasterCard (MA) stock is at All-Time highs as International growth helped to push profits up 15% last qtr. But with a P/E of 30, this stock has a high price.
Tractor Supply (TSCO) has been down-and-out for the past year. Now with hurricane season in full effect, TSCO could beat lowered expectations this qtr.
Apple (AAPL) is expected to debut its new iPhone 8 on September 12th. That should be good for profits. Also, service revenue is becoming a bigger piece of the AAPL.