Q2 STOCKS TO BUY

The Week Ahead: All Eyes on Jobs Data

Next week's calendar features jobs and manufacturing data, as well as earnings from Canadian Solar Inc. (CSIQ) and Abercrombie & Fitch Co. (ANF)

Feb 26, 2015 at 6:24 PM
facebook X logo linkedin


Along with Institute for Supply Management (ISM) manufacturing data, employment reports will take the spotlight next week, punctuated by Friday's highly anticipated nonfarm payrolls report. Reporting earnings are retailers Abercrombie & Fitch Co. (NYSE:ANF), Best Buy Co Inc (NYSE:BBY), and Costco Wholesale Corporation (NASDAQ:COST); a slew of solar energy concerns, led by Canadian Solar Inc. (NASDAQ:CSIQ); and communications technology specialists Ciena Corporation (NYSE:CIEN) and Ambarella Inc (NASDAQ:AMBA).

Below is a brief list of some key market events scheduled for the upcoming week. All earnings dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.

Monday

  • The week kicks off with personal income and spending, Markit's purchasing managers manufacturing index (PMI), the ISM manufacturing index, and construction spending. Caesars Entertainment (CZR), Halozyme Therapeutics (HALO), JinkoSolar (JKS), Mylan (MYL), Palo Alto Networks (PANW), Sotheby's (BID), and Stratasys (SSYS) will all step into the earnings spotlight.

Tuesday

  • February auto sales are due out on Tuesday. Earnings reports are expected from Ambarella (AMBA), AutoZone (AZO), Best Buy (BBY), Bob Evans Farms (BOBE), Dick's Sporting Goods (DKS), JD.Com (JD), Kate Spade (KATE), Smith & Wesson (SWHC), and TiVo (TIVO).

Wednesday

  • Hitting the Street Wednesday are ADP's employment report, the ISM services index, weekly crude inventories, and the Fed's Beige Book. Companies entering the earnings confessional include Abercrombie & Fitch (ANF), H & R Block (HRB), PetSmart (PETM), ReneSola (SOL), Trina Solar (TSL), and Vivint Solar (VSLR).

Thursday

  • Weekly jobless claims, productivity and labor costs, and factory orders are set for release Thursday. Canadian Solar (CSIQ), Ciena (CIEN), Costco Wholesale (COST), Diamond Foods (DMND), Finisar (FNSR), Joy Global (JOY), and Kroger (KR) will release quarterly results.

Friday

  • The week closes out with the highly anticipated nonfarm payrolls report, as well as international trade data. Foot Locker (FL) and Staples (SPLS) will take their turn on the earnings stage.
 

“Buy This Stock Now!” - Expert Who Called 11x On TSLA

He called a rare 11x on Tesla…

But now, thanks to Elon & Trump’s new alliance…

He says there’s a new opportunity that could be 1,000x BIGGER than Tesla – and it could completely revolutionize a $23 Trillion market.

It’s trading for less than $5 per share right now…

But it won’t be under the radar for long.

Discover The 1,000x Bigger Elon Opportunity Here