The final trading week of the second quarter kicks off with SMSC
Shaw Group is a Louisiana-based engineering giant that raked in $7 billion in revenue last year. Progress Software is an enterprise-software specialist. Progress is toiling away in the sexier niche, but it's Shaw Group that's expected to post a year-over-year improvement on the bottom line.
Thursday also marks the end of the second quarter. After rough trading activity through May and most of June, don't be surprised if window dressing is a little more active than usual. What's window dressing? That's what it's called when portfolio managers trade out of poor performers and buy into winners, to make it seem as if they successfully navigated the market's choppy currents. Most investors are smart enough to ignore the practice. Performance metrics reveal everything, eventually.
The third quarter kicks off quietly on the earnings front, so get a good jump on the holiday weekend.
Until next week, I remain,
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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 Motley Fool has a disclosure policy.