The Fool Looks Ahead

There's never a dull week on Wall Street. Let's go over some of the news that will shape the week to come.

Monday
The new trading week kicks off with Citigroup (NYSE: C  ) reporting its quarterly results. The "too big to fail" banker that unceremoniously flunked a part of a recent stress test hasn't been very popular with consumers ever since the bailouts began, but Wall Street does see it posting a meaty profit of $0.99 a share for the quarter.

Tuesday
Cree (Nasdaq: CREE  ) follows with its latest financials on Tuesday. Analysts are holding out for a profit of $0.21 a share, shy of the $0.27 that the LED specialist rang up a year earlier.

Wednesday
eBay (Nasdaq: EBAY  ) -- which really should rename itself PayPal at some point, since it's the financia- transaction platform and not the namesake marketplace that's been carrying the company lately -- checks in on Wednesday.

Thursday
Riverbed Technologies
(Nasdaq: RVBD  ) steps up on Thursday. Riverbed may not be a household name, but the company has become the leader in wide area network optimization.

Wall Street believes that Riverbed will post a quarterly profit of $0.20 a share -- flat with last year's showing -- but the company has managed to land just ahead of analyst targets in nine of the past 10 quarters.

Friday
The final trading day of the week is usually quiet, but we're just breaking into earnings season now. There will be several companies reporting on Friday, but none bigger than General Electric (NYSE: GE  ) . Can GE bring good things to life? We'll know for sure come Friday morning.

If you like to stay on top of what happens next -- and I'm guessing you do, because you're reading this article -- how about checking out The Motley Fool's top stock for 2012? It's a free report, but only for a limited time, so check it out now.

The Motley Fool owns shares of Citigroup. Motley Fool newsletter services have recommended buying shares of Riverbed Technology and eBay, writing covered calls on Riverbed Technology, and writing puts on eBay. The Motley Fool has a disclosure policy. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.

Longtime Fool contributor Rick Munarriz calls them as he sees them. He owns no shares in any of the stocks in this story and is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.


Read/Post Comments (0) | Recommend This Article (2)

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.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1862010, ~/Articles/ArticleHandler.aspx, 9/18/2014 7:55:41 AM

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...


Advertisement