The Fool's Look Ahead

By Rick Aristotle Munarriz February 16, 2008 Comments (0)

6 Recommendations

Monday
The markets are closed for Presidents Day. Rest up, because we're in the middle of earnings season. In other words, the next four trading days will be loaded.

Tuesday
In a busy day, Wal-Mart (NYSE: WMT), Hewlett-Packard (NYSE: HPQ), and Crocs (Nasdaq: CROX) will go over their holiday quarters. Is Wal-Mart as recession-proof as it thinks? Will HP continue to beat expectations under CEO Mark Hurd? Did Crocs lick its inventory overhang?

You'll have to wait until Tuesday for those answers, but it's encouraging that companies like HP and Crocs have beaten analyst profit targets for several quarters in a row now. I'm bullish there.

Wednesday
Wall Street will turn to Garmin (Nasdaq: GRMN) for direction. The market expects earnings to climb 26% to $1.10 a share in the company's latest quarter. Investors grew concerned earlier this month, when SiRF (Nasdaq: SIRF) -- a chip supplier for Garmin -- posted lackluster results. Will SiRF's weakness foreshadow a bum quarter at Garmin? The GPS giant has rattled off four straight quarters of market-thumping results.

Thursday
The9 (Nasdaq: NCTY) reports. No, not last year's failed ABC drama series. The9 is an online gaming company, best known for handing the popular World of Warcraft's rollout in China.

Things haven't been going too well for The9 lately. Analysts see earnings per share falling by more than 50% for the quarter.

Friday
It's time to work up a sweat heading into the weekend with Life Time Fitness (NYSE: LTM). The operator of trendy gyms is rolling, and this is always the time of year when memberships bump higher as "lose weight" and "get in shape" seem to bubble up to the top of resolutions.

Life Time has pulled off a dozen consecutive quarters of posting results that bested expectations. That's quite the workout, but let's wait to see how the company is holding up, now that the economy is a little bleaker and gym dues may be harder to come by.

Until next week, I remain,

Rick Munarriz

Get the best of the Fool delivered to your inbox every Friday

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 579487, ~/articles/articlehandler.aspx, 7/24/2008 12:21:15 AM,

Related Tickers

Crocs, Inc.

CROX Up! $9.88 +0.25 (+2.60%) 4:00 PM
CAPS Rating:
1749 Outperforms
607 Underperforms
Rate This Stock

Major Indices

S&P 5001,282.19+0.41%
DJIA11,632.38+0.26%
RSL 2K719.19+0.33%
NASD2,325.88+0.95%
Updated: 4:02:47 PM
Sponsored by:

The Motley Poll

What company will see the next Bear Stearns-style implosion?

Sponsored by: