There are many key issues to watch for this week for investors and traders alike. Earnings season is going to get a soft start and we also have the key unemployment data due on Friday.
Geron (NASDAQ: GERN) is giving a keynote address at the 2010 World Stem Cell Summit on Tuesday, and odds are that the company won’t just talk up stem cells as a sector after the recent ban on stem cell funding was lifted.
Green Mountain Coffee Roasters (NASDAQ: GMCR) is going to be key to watch this week as shareholders continue to digest the accounting news and SEC inquiry after shares hit a 52-week last week and then went into the dirt. Shares have broken under $30 now and a continued bear raid seems likely.
Monsanto (NYSE: MON) is a must-watch earnings report this week on Wednesday as the stock seemingly gets pounded on almost every day. If there is no catalyst or turnaround in the works, a 52-week low could be found here this week. Thomson Reuters has estimates of -$0.06 EPS and $1.82 billion in revenue.
Netflix (NASDAQ: NFLX) was again listed as the No. 1 stock in the IBD 100 over the weekend, despite that it fell about $20 from last week’s highs. The move is higher so far despite some analyst concerns.
Barron’s is giving a boost to both United Technologies (NYSE: UTX) and JPMorgan Chase (NYSE: JPM) as solid stocks with solid futures ahead. In video games, Take-Two Interactive Software (NASDAQ: TTWO) was given a very positive review in Barron’s as a turnaround.
The full version of the 24/7 Wall St. Unusual Suspects is available here.
As of this writing, Jon Ogg did not own a position in any of the stocks named here.
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