The new trading weeks kicks off with a look at Chinese gaming stocks. Shanda Interactive (Nasdaq: SNDA ) and Perfect World (Nasdaq: PWRD ) are thriving by serving up engaging, multiplayer fantasy games that are striking chords with China's youth.
Their peers came through with blowout earnings on Wednesday, so investors should expect good things from both Shanda and Perfect World, unless they're surrendering chunks of market share.
Remember when Wall Street considered Home Depot (NYSE: HD ) an all-weather retailer? Even if the housing boom stalled, consumers were supposed to still trek out to the land of orange aprons to launch home-improvement projects.
Well, things haven't turned out that way for the hardware superstore chain. Year-over-year profitability has fallen for four consecutive quarters, and analysts expect the trend to stretch to five quarters with Tuesday's report.
Let's head out to South Korea on Wednesday to check in on Gmarket (Nasdaq: GMKT ) . I recently recommended the stock to Rule Breakers subscribers, so let's see whether the company's fourth-quarter report justifies my bullishness. Analysts expect earnings to soar 77% to $0.23 a share for the country's leading online marketplace.
Dell (Nasdaq: DELL ) and Gap (NYSE: GPS ) report on Thursday. The companies have a lot in common. No, there's no such thing as a denim laptop or a khaki desktop. However, both companies are former Wall Street darlings, and each fell so badly last year that they each replaced their CEOs. They're crawling their way back now. Both companies expect to post marginal bottom-line improvements for their latest quarters.
It's time to wrap up the trading week with Interpublic (NYSE: IPG ) . Wall Street is looking for the marketing titan to earn $0.22 a share, well above the $0.11 a share it earned a year ago. I don't care what you do for a living -- you don't need to do any marketing spin if your profits double year over year.
Until next week, I remain,