15 August Watchlist 👀

by | 15 Aug, 2019

Today we are watching…

1.  Aibaba Group (#baba)

They call it the Amazon of China! Jack Ma’s e-commerce giant, Alibaba, is ripe for an earnings release today as one of China’s most heavily exposed companies to the trade war. Controlling a ridiculous 80% of all online spending in China, its stock has struggled to break out since the trade spat commenced. If it can show resistance to tariffs today, success in its cloud services and digital media segments could turn into useful catalysts for investors. Analysts have predicted $1.51 of profit per share to be made on $16.5 billion of revenues.

2. Walmart (#walmrt)

It’s judgment day for Walmart, the retailer reporting its earnings numbers today after a long campaign to counter Amazon’s success. Usually, when a brick and mortar retailer undergoes an IT project, the market witnesses significant delays and cost overruns. Walmart, however, is managing to serve its customers through a range of online and offline channels without harming investors’ checkbooks! Despite this, margins could suffer this quarter following international woes. Still, that hasn’t held back analysts who’ve agreed on $1.21 profit per share targets on a jaw-dropping $130 billion in revenue!

All emails include an unsubscribe link. You can opt-out at any time. ​See our privacy policy.

Share This