29 April Watchlist 👀

by 29 Apr, 2019

Today we are watching…

1.  Alphabet (#googl)

Google parent company, Alphabet, is ready to post its earnings today and analysts are leaning cautiously towards a bullish outcome. The company’s stock is up 22% since the start of the year and looks to have had a decent quarter. Its core advertising business is projected to increase by 18%, however, analysts are expecting a slight slowdown in earnings relative to last year which could cause some headwinds for the firm going forward. A number of analyst downgrades ahead of today have thrown a degree of doubt into analysts minds, but the overall feeling is positive…But not overwhelmingly so.

2. Western Digital (#wesdig)

Chip maker, Western Digital, will also be posting its earnings today, but analysts are not feeling too upbeat about its chances at beating estimates. A tough macroeconomic climate, weak PC demand, and lower NAND flash prices look likely to spoil the party at today’s announcement. Moreover, ballooning debt levels and growing competition from companies like Samsung and Intel in the data storage space have made things even harder for the company. The EPS Estimate is $0.47 (-87.1%) on revenue of $3.68bn (-26.4%). 

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

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

Download on the App Store           Download on Google Play


Invstr is a technology platform, not a registered broker-dealer or investment adviser. Invstr does not offer its own recommendations of any security or provide its own research to any user regarding any security transaction or order.
Please note, investing involves risk and investments may lose value. Past performance does not guarantee future results.
Brokerage services are provided by the following:
US-traded securities, including fractional trading, are provided to Invstr users by DriveWealth LLC, a regulated member of FINRA/SIPC. DriveWealth may not establish investment accounts to residents of certain jurisdictions. For more information, including disclaimers, risk and transaction fees click here.
India account traded securities are provided by SIC Stocks & Services PVT Ltd. SIC does not make any personal recommendations to buy, sell or otherwise deal in investments. Investors make their own investment decisions. The services and securities provided by SIC may not be suitable for all customers and, if you have any doubts, you should seek advice from an independent financial adviser. For more information and disclaimers, click here.


Get the app
Share This