4 Stocks To Watch After The Election
Estimize | Nov 08, 2016 11:09PM ET
Wendy’s (NASDAQ:WEN): The fast food sector is seeing a bounce-back in recent quarters as spending habits shift to value channels. This ongoing transition has helped propel earnings from McDonald’s (NYSE:MCD) in the third quarter and is expected to bode well when Wendy’s reports this morning. Wendy’s recent surge can also be credited to the multi-year brand transformation that includes menu innovations, promotional campaigns and bolder packaging. Meanwhile, the burger chain is heavily invested in expanding its technological presence through a mobile app and self ordering kiosk. Many of these initiatives contributed to a 0.4% increase in same store sales and 370 basis point increase in margins for the second quarter. Analysts are still expecting softer year over year comparisons as its recovery continues to gain steam.
Viacom (NASDAQ:VIAB): Mainstream media networks have seen their share of misfortune in recent quarters as cord cutting habits continues to pick up pace. This has reflected weak earnings from notable networks like Disney (NYSE:DIS) which is seeing a sharp downturn in ESPN subscribers and will have an adverse impact on Viacom ’s earnings report today. The media conglomerate has posted negative top line growth in 5 of the past 6 quarters thanks in part to tougher competition and cord cutting. Analysts expect this to continue in its upcoming quarterly results, forecasting a 47% decline on the bottom line and 11% on the top. Some of this will be offset by efficient cost controls and operational improvements during the quarter. Key partnerships with Sony (NYSE:SNE) and Verizon (NYSE:VZ) are worth noting and may be determining factors on Viacom’s return to glory. Investors may overlook these recent indiscretions if management suggests a rumored merger with CBS (NYSE:CBS) is on the horizon.
Croc’s (NASDAQ:CROX): CROX has had its share of ups and downs in the past few quarters. The shoe maker returned to profitability in the first quarter of 2016 but subsequently posted negative growth on the top line. Expectations are edging lower this quarter as we head into the colder months when Crocs historically have not done as well. Analysts are calling for a 5 cent loss per share on a 7% decline in revenue to $249.31 million. Shares are down 24% in 2016 and historically drop 4% immediately through the print.
Get The News You Want
Norwegian Cruise Line (NASDAQ:NCLH): Travel trends appear to be gaining steam this earnings season as evidenced by strong results from the airlines, hotel operators and cruise liners. This bodes well for Norwegian which reports its quarterly results tomorrow before the opening bell. The cruiseliner has benefited from robust year over year comparisons posted by its peers Carnival (NYSE:CCL) and Royal Caribbean (NYSE:RCL). Norwegian still faces several near term headwinds that could dent quarterly results including its exposure to European markets and weak FX translation. Europe currently accounts for a third of the company’s capacity and could potentially throw results off course.
Original post
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.