Sunday, June 16, 2013

"AMD Could Double" Barron's say's - Weekly Earnings & Economic Calender

Friday's Juggernaut Trading Live FREE Trading Webinar Link

Weekend Headlines to Watch Tomorrow:  Ill be in the room early Monday AM. Guarding $AMD's price action in the pre market for both longs and shorts. Click here for Trader OS Post with chart/targets/stops Disclosure: Long TSLA overnight. Thanks for checking - have a great week trading and I'll look forward to seeing everyone in the room!

$AMD American Micro Devices: Could double from entry into 'microserver' market Barron's says AMD's acquisition of SeaMicro could drive the stock substantially higher as the "microserver" and tablet  market expand, Barron's contends in its Technology Trader column.

$AMGN Amgen:  Still looks attractive, Barron's says. Amgen could rise 20%, to $120.00 per share, by maintaining its current heading and as investors gain confidence in the company's growth outlook, Barron's contends. The stock trades a significant discount to other large-cap biotech companies, the paper adds.

$IRM Iron Mountain:  could drop towards the teens, Barron's reports Iron Mountain could drop around the low-$20s if it fails to gain status as a REIT, Barron's contends in a follow up article.

$BIG Big Lots: Shares look cheap, Barron's reports Big Lots prospects are improving with the company's new CEO implementing strategic initiatives to improve sales by year-end and entry into Canada, Barron's says in its Sizing Up Small Caps column. Big Lots looks cheap, as it trades at 10 times next year's earnings estimates, the paper adds.

$EMN Eastman Chemical: Could rise over 35%, Barron's reports  Shares of Eastman Chemical could reach $96 per share, a jump of more than 35%, as market confidence in the company's view of reaching EPS of $8.00 by FY15 improves, Barron's contends in a feature article.

: Looks ready to regain favor with investors, Barron's says Shares BB&T of could return over 30% in the next two years as the bank recovers from its capital plan rejection by the  Federal Reserve, Barron's contends in a feature article. BB&T should benefit significantly as bank profitability improves, the paper adds.

Coming Earnings

 Day                    Quarter  Consensus   Year   Ticker
                                  Estimate    Ago
Discover Fin'l            1Q       $1.13    DFS
Korn/Ferry Int'l          4Q        0.31     0.28    KFY
Int'l Bancshares          1Q        0.37     0.42    IBOC
Mercury Systems           3Q       -0.04     0.17    MRCY
La-Z-Boy                  4Q        0.28     0.18    LZB
EastGrp Properties        1Q        0.77     0.77    EGP
Adobe Systems             2Q        0.33     0.60    ADBE
Wiley (John) & Son 'A'    4Q        0.80     0.80    JW.A
Factset Research Sys      3Q        1.15     1.05    FDS
Red Hat                   1Q        0.31     0.30    RHT
Jabil Circuit             3Q        0.54     0.64    JBL
Actuant                   3Q        0.66     0.60    ATU
Micron Technology         3Q        0.02    -0.32    MU
CLARCOR                   2Q        0.67     0.67    CLC
FedEx                     4Q        1.96     1.99    FDX
Oracle                    4Q        0.87     0.82    ORCL
Methode Electron 'A'      4Q        0.15     0.15    MEI
TIBCO Software            2Q        0.18     0.26    TIBX
Kroger                    1Q        0.89     0.78    KR
CarMax                    1Q        0.58     0.52    KMX
Darden Restaurants        4Q        1.03     1.15    DRI
Carnival                  2Q        0.06     0.20    CCL

Economic Calender:

Day   Time                                                 Consesus Est  Last Period

T    8:30   May CPI                                     0.2%        -0.4%
      8:30   May Housing Starts                      975,000      853,000
Th  10:00   May Existing Home Sales                 5.00 mil     4.97 mil
     10:00   May Leading Indicators                  0.2%         0.6%
     10:00   June Philadelphia Fed Survey            0.0%        -5.2%

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