Recs

8

Beware of Earnings

By Rick Aristotle Munarriz | More Articles
November 13, 2009 | Comments (1)

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Every Friday, I take a look at seven companies that are projected to post year-over-year dips in quarterly profitability the following week.

We're coming to the end of earnings season, but there are still plenty of companies reporting next week. Unfortunately, it's not just the seven stocks that I singled out earlier that are going the wrong way on the bottom line next week.

Here are seven more market bellwethers that are forecasted to post lower earnings next week than they did a year ago:

Company

Latest Quarter EPS (Estimated)

Year-Ago Quarter EPS

American Oriental Bioengineering (NYSE: AOB  )

$0.17

$0.21

ReneSola (NYSE: SOL  )

($0.07)

$0.46

Intuit (Nasdaq: INTU  )

($0.16)

($0.09)

GameStop (NYSE: GME  )

$0.30

$0.34

Suntech Power (NYSE: STP  )

$0.07

$0.33

Sears Holdings (Nasdaq: SHLD  )

($1.09)

($0.90)

Zumiez (Nasdaq: ZUMZ  )

$0.14

$0.23

Source: Yahoo! Finance.

These are some pretty heavy hitters targeted to take a step back next week. Solar energy's popularity is inevitable, yet ReneSola and Suntech apparently aren't shining as bright as they were a year ago. Intuit is in its seasonal lull, but isn't the economic calamity the kind of event that births entrepreneurs with fresh accounting software needs? Shouldn't the glimmers of consumer confidence reflect an uptick in traffic at Sears, Zumiez, and GameStop?

There is bound to be plenty of good news too, but keep an eye on these market-moving stocks. Along with the other stocks I singled out earlier, there are way too many opportunities for heartbreak next week.

The Steve Jobs Betrayal
You may already know that in the final year of his life, Jobs revealed a stunning betrayal — and told his biographer, "I will spend my last dying breath... and every penny of Apple's $40 billion in the bank to right this wrong." What was it that made Jobs so irate — and why could it make a few in-the-know investors some major profits over the coming months and years?

Enter your email address below to find out what made Jobs so enraged!

Suntech Power Holdings is a Motley Fool Rule Breakers pick. GameStop is a Motley Fool Stock Advisor recommendation. Sears Holdings is a Motley Fool Inside Value selection. American Oriental Bioengineering and Zumiez are Motley Fool Hidden Gems selections. Try any of our Foolish newsletters today, free for 30 days.

Longtime Fool contributor Rick Munarriz wonders if his contrarian heart will ever be happy. He does not own shares in any of the companies in this story. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy.


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.

  • Report this Comment On November 13, 2009, at 9:20 PM, laughingatyou wrote:

    Unless your visiting with the CEO's of these companies, it sounds like you don't really know more than the rest of us.

    Everyone who has overpaid for these stocks has done so at high risk, hoping for a better than average return. We are all aware of the risk. If you want people to listen to you or seek out your advice, please tell us something that we can't find out on our own with 3 minutes and a blackberry.

    By the way to address your comments regarding Sears, Zumiez, and GameStop. Don't you think it's time to stop placing the DOW 30 at the top of every news story and trading site. Talk about a distorted reflection, I might as well close my eyes and use the "force" next time I want to forecast how my investments are going to perform in the future. Don't expect the market to reflect any true rational, the whole setup makes Vegas look like a game of tic tac toe with a 5 year old.

Add your comment.

Compare Brokers

Fool Disclosure

DocumentId: 1043080, ~/Articles/ArticleHandler.aspx, 5/25/2012 9:25:19 PM

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...

Today's Market

updated 9 minutes ago Sponsored by:
DOW 12,454.83 -74.92 -0.60%
S&P 500 1,317.82 -2.86 -0.22%
NASD 2,837.53 -1.85 -0.07%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

3/15/2012 3:59 PM
AOB $1.52 Down +0.00 +0.00%
American Oriental… CAPS Rating: ***
SOL $1.33 Down +0.00 +0.00%
ReneSola Ltd CAPS Rating: **
STP $1.78 Down -0.15 -7.77%
Suntech Power Hold… CAPS Rating: ***
ZUMZ $35.64 Up +0.62 +1.77%
Zumiez CAPS Rating: **
GME $19.52 Up +0.35 +1.83%
GameStop CAPS Rating: **
INTU $56.45 Up +0.06 +0.11%
Intuit, Inc. CAPS Rating: ****
SHLD $56.84 Up +0.25 +0.44%
Sears Holdings Cor… CAPS Rating: *

Advertisement