Things To Lookout For For In The Stock Market, For The Coming Week.
The Motley Fool put together a solid write-up on things to expect in the stock market for the coming week. One big thing is FedEx (NYSE:FDX) due to their having seen an incredible move up due to increased profits and lower gas prices. These have allowed for them to maximize profits, with analysts projecting that it could see a 24% EPS jump this week, so if you haven't been doing so already, this is as good a time as any, to take a serious look at FedEx moving forward.
They also brought up that earnings from CarMax (NYSE:KMX) are scheduled to be released this Tuesday. This news has the market on edge due to Carmax being the Nations largest retailer of used cars and the stock has already lost a third of its value over the course of the past year. With the new car market seeing a serious spike lately, the release of the financial information could potentially see a steep decline in Carmax's price, if they show further declines in profits lately. Tuesday is a hotly anticipated moment for the company, with many hoping to scalp at lower prices if they release news of further profit losses.
Winnebago is expected to post news of slight profit increases this Wednesday. In recent history they have seen some losses overall but the new CEO at the helm hopes that this release of improved profits will be the beginning of a powerful turnaround for the company that will see renewed growth for the longer term. This process will definitely be interesting to see as things continue to unfold for this currently growing company.