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The Fool's Look Ahead

By Rick Munarriz - Updated Apr 5, 2017 at 7:59PM

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Tractors and track meets will decorate the week that lies ahead.

The new trading week kicks off with Titan Machinery (NASDAQ:TITN). The agricultural equipment dealer remains one of last year's hottest IPOs, though analysts see fiscal third-quarter profits falling by a third to $0.23 a share.

A few heavy hitters check in on Tuesday. Publishing software giant Adobe (NASDAQ:ADBE), consumer electronics retailer Best Buy (NYSE:BBY), and troubled investment banker Goldman Sachs (NYSE:GS) are all stepping up to the quarterly conference call stage. Unfortunately, just one of them -- Adobe -- is likely to post an increase in earnings over last year's showing.

Athletic footwear behemoth Nike (NYSE:NKE) ties its laces on Wednesday. Wall Street is banking on a $0.79 a share profit out of the "Swoosh" star. It would be a respectable gain over the $0.71 a share in earnings that Nike posted a year ago. Nike has topped estimates in five consecutive quarters, so feel free to draw the finish line somewhere closer to $0.80 or higher.

Oracle (NASDAQ:ORCL) steps up on Thursday. The popular enterprise software, with its colorful CEO and acquisitive nature, is typically good for a snapshot of IT spending. If the pros are right, Oracle earnings will climb 13% to $0.35 a share for the quarter.

Let's wrap up the trading week with a look at Cintas (NASDAQ:CTAS). Even if you couldn't care less about the leader in corporate uniforms, Cintas is actually a great bellwether for the state of company hiring and firing. Before layoffs factor into unemployment data they result in softer orders for Cintas.  

Until next week, I remain,
Rick Munarriz

The Fool owns shares of Best Buy, which is a Motley Fool Inside Value selection and a Motley Fool Stock Advisor pick. Try any of our Foolish newsletters today, free for 30 days.

Longtime Fool contributor Rick Munarriz recommends windshield wiper fluid when trying to look forward. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. He does own not own shares in any of the companies in this story. The Fool has a disclosure policy.

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Stocks Mentioned

Best Buy Co., Inc. Stock Quote
Best Buy Co., Inc.
$80.42 (2.43%) $1.91
The Goldman Sachs Group, Inc. Stock Quote
The Goldman Sachs Group, Inc.
$351.68 (1.08%) $3.77
Oracle Corporation Stock Quote
Oracle Corporation
$77.16 (-0.49%) $0.38
NIKE, Inc. Stock Quote
NIKE, Inc.
$114.10 (0.85%) $0.96
Adobe Inc. Stock Quote
Adobe Inc.
$434.89 (-0.80%) $-3.51
Cintas Corporation Stock Quote
Cintas Corporation
$429.64 (-0.23%) $0.98
Titan Machinery Inc. Stock Quote
Titan Machinery Inc.
$30.31 (1.37%) $0.41

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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