The new trading week kicks in with breakfast at Tiffany
The two companies have little in common, but both are projected to post healthy bottom-line improvements.
Cereal giant General Mills
Coupon wars aside, cereals can be a pretty steady business. But the real pulse worth taking here is Steelcase's. If companies are buying more office furniture, that could be an indicator of a rosier employment picture.
Some may argue that Best Buy is mortal now. Investors are already bracing for a ho-hum report from the quarter that fell during the holiday season. We'll see. This was supposed to be a chance to shine in a world free of Circuit City, but Best Buy may have underestimated the power of e-commerce, not to mention that one fruit company that sells its gadgetry directly to consumers in heavily trafficked stores.
The trading week comes to a quiet end, but don't zone off over the weekend. Nintendo (OTC BB: NTDOY.PK) will introduce its 3DS handheld gaming system in the U.S. on Sunday. Yes, it's in 3-D.
Until next week, I remain,
Best Buy is a Motley Fool Inside Value pick. Best Buy and Nintendo are Motley Fool Stock Advisor recommendations. The Fool owns shares of Best Buy. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.
Longtime Fool contributor Rick Munarriz recommends windshield wiper fluid when trying to look forward. He owns no shares in any of the companies in this story and 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.