Margin Of Safety For These 10 Large-Cap Stocks Reporting Wednesday
Finbox io | Jul 26, 2016 04:27PM ET
The Dow Jones Industrial Average is slightly below all-time highs after six components of the index reported mixed results Tuesday morning.
fair value estimates , Boeing has over 25% upside compared to Coca-Cola’s 25% downside. However, Wall Street consensus shows some upside for both stocks.
The Federal Open Market Committee is scheduled to conclude its two-day meeting Wednesday afternoon with its statement on monetary policy. The Fed is not expected to raise interest rates. However, traders will watch for indications on the timing of the next hike, while investors watch for signs pointing to whether the market can sustain current valuation levels.
According to finbox.io data, six of the ten largest stocks (by market cap ) expected to report earnings Wednesday have a positive margin of safety. Their share price movements could set the stage for the broader market.
h3 The Six Stocks with Upside/h3GlaxoSmithKline (NYSE:GSK), General Dynamics (NYSE:GD), Amgen (NASDAQ:AMGN), Facebook (NASDAQ:FB), McKesson (NYSE:MCK) and Altria Group (NYSE:MO).
Comcast (NASDAQ:CMCSA), NextEra Energy (NYSE:NEE), Mondelez (NASDAQ:MDLZ) and Southern (NYSE:SO).
Overall, there's more upside than downside in these large-cap stocks going into Wednesday.
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