Stock Market Today: JPMorgan's Earnings and Stratasys' New Outlook

Why JPMorgan Chase, Stratasys, and Time Warner Cable stocks are on the move today.

Jan 14, 2014 at 9:00AM

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

Expect a flat start to the stock market today, as the Dow Jones Industrial Average (DJINDICES:^DJI) gained an insignificant 11 points in premarket trading this morning. Markets are still licking their wounds after yesterday's nearly 200-point Dow dive that was spurred by fears that stock valuations have become stretched. Hundreds of companies are set to report earnings results over the next few weeks, which will go a long way toward relieving, or confirming, those worries.

Meanwhile, news is breaking this morning on a few stocks that could see heavy trading in today's session, including JPMorgan Chase (NYSE:JPM), Stratasys (NASDAQ:SSYS), and Time Warner Cable (NYSE:TWC).

JPMorgan today announced results for its fiscal fourth quarter in which earnings fell by 7% from the prior-year period. The nation's largest bank booked $5.3 billion in profit in the quarter, or $1.30 a share. That was slightly below the $1.35 mark that Wall Street expected. Revenue ticked lower by 1%, to $24.1 billion, above analysts' estimates of $23.7 billion. JPMorgan was able to put several high-profile legal and regulatory settlements behind it in the quarter, including a settlement tied to the Bernie Madoff case that drained $1.1 billion out of reported earnings. The stock is unchanged in premarket trading.

Stratasys this morning issued mixed profit and sales guidance for 2014. The 3-D printing company said earnings should come in at about $2.20 a share, below the $2.33 that Wall Street was targeting. The reason for the shortfall is that Stratasys expects to significantly ramp up spending on marketing and selling expenses while also plowing cash into research and development. Still, the company said it should book overall sales of $670 million in 2014, about 40% more than last year's tally. Stratasys' stock is down 3% in premarket trading.

Finally, Time Warner Cable's stock is up 1.8% in premarket trading after the company rejected a buyout bid from rival Charter Communications (NASDAQ:CHTR). Calling Charter's offer price of $132.50 a share "grossly inadequate," Time Warner also balked at the high proportion of Charter stock that was included in the proposed deal. Instead, the cable operator said that a purchase price of $160 a share -- including $100 in cash -- would be a better starting point for any negotiations. .

Start 2014 off right
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Fool contributor Demitrios Kalogeropoulos has no position in any stocks mentioned. The Motley Fool recommends Stratasys. The Motley Fool owns shares of JPMorgan Chase and Stratasys. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

Don't let that happen again. This time, it should be your family telling you, "I can't believe you knew about and invested in that technology so early on."

That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

Click here to learn about this incredible technology before Buffett stops being scared and starts buying!

David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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