Disney Continues to Digest its Prior Gains
Disney (DIS) surprised investors with 10% profit growth last qtr, but the stock hasn’t been going anywhere lately as it digests its gains from 2012-2015.
Disney (DIS) surprised investors with 10% profit growth last qtr, but the stock hasn’t been going anywhere lately as it digests its gains from 2012-2015.
Ball (BLL) is the largest manufacturer of beverage cans in the world, and is seeing strong demand in craft beer, super premium beer and Imported Mexican beer.
Becton, Dickinson (BDX) is acquiring C.R. Bard, which is a great move. Both companies have steady business providing medical products to hospitals.
Fiserv (FISV) provides financial software for banks, and now with mobile transactions becoming more mainstream FISV’s business should remain strong.
A weakening U.S. dollar could mean more profits and sales for Nike (NKE). Also, Nike will start selling a limited number products directly on Amazon.com.
Ecolab (ECL) predicts demand for its chemicals and cleaning products to increase during the remainder of 2017. But is the good news already priced in?
Starbucks (SBUX) continues to grind out double-digit profit growth. Last qtr the company grew profits 15% helped by Mobile Order and Pay as well as China.
TJX (TJX) is having a slow-down in terms of sales and profit growth. And management just lowered next qtr’s estimates. Is it time to sell this long-term winner?
CVS (CVS) is dead money for now as profit growth looks to be flat this year. But profits could grow 10% in 2018, and that could bring life into the stock.
O’Reilly Auto Parts (ORLY) tanked after it missed last qtr’s profit estimates badly. Now investors are questioning the entire industry.
MasterCard (MA) shares continue to climb higher. Profits rose 17% last qtr as the number of transactions grew 17%. But with a 19 P/E is MA too high?
Shares of Celgene (CELG) broke out to a new 52-week high yesterday on high volume as the Biotech sector roared higher — and broke out as well.