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Watch These Stocks After The U.S. Close

Published 08/03/2016, 11:07 AM
Updated 07/09/2023, 06:31 AM
EXPE
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CMG
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TSLA
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JACK
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HLF
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TRIP
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SCTY
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SQ
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Earnings Outlook

Tesla Motors (NASDAQ:TSLA)

Tesla has been in the news for all the wrong reasons. In May, the company raised $1.6 billion in common stock to meet Model 3 production. This was actually a good sign that demand was outpacing supply, pushing Tesla closer profitability. It only took a month though for Tesla to go back to its wasteful ways. Just this week the automaker agreed to purchase SolarCity (NASDAQ:SCTY) for $2.6 billion in a deal which has been labeled as nepotism and a bailout. The company is also dealing with its first death from the lauded autonomous driver feature. Elon Musk’s new master plan insists they will start producing electric trucks and buses in the near future. If the company can’t figure out how to generate a profit they may not be producing any cars moving forward.

TripAdvisor (NASDAQ:TRIP)

TripAdvisor is the numbe-two in the online travel space. Expedia (NASDAQ:EXPE) reported lackluster results last week blaming higher promotions, more frequent discounts and waning demand in Europe for its misfortunes. It’s possible these trends are echoed in TripAdvisor’s report today. On the upside, TRIP is finding traction with its Instant Bookings platform. TripAdvisor’s innovative product is now servicing people around the world, a move that will close the gap between them and Expedia and Priceline.

Herbalife (NYSE:HLF)

Last month, the embattled supplements company agreed to the FTC’s terms to pay $200 million to consumers. Billionaire hedge-fund manager Bill Ackman has insisted that the company runs a pyramid scheme and is doing anything to bring the company down. Investors will be keen to know what the company is doing to combat these threats. The business itself has performed remarkably, despite the outside controversy. Earnings have topped the Estimize consensus in each of the past 3 quarters generating strong growth in domestic and international markets.

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Jack In The Box (NASDAQ:JACK)

Same-store sales have consistently outperformed the overall restaurant sector for the past few quarters. New menu innovations, strong catering growth and a robust pricing strategy have been key growth drivers. Qdoba has also been trending up as consumers have shied away from Chipotle (NYSE:CMG) following the health scares. The company is also testing digital products and more promotional campaigns, which should boost sales and traffic moving forward.

Square (NYSE:SQ)

Square is expected to follow a universal theme apparent in the tech space -- weak earnings coupled with strong revenue. The past two quarters the Dorsey led company has beat on the top line and missed on the bottom. Revenue has should continue to grow as gross payment volume rises and chip readers gain more traction. Square has introduced new products in order to grow its business. Square Capital and Builder Square are two products that have built a gateway to tracking and gaining access to funds. This hasn’t done much to boost share prices which are down 21% in the past 12 months.

How do you think these names will report?

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