by Alyssa Oursler | April 24, 2013 9:04 am
Netflix (NASDAQ:NFLX[1]) posted an earnings beat[2] and streaming growth[3] on Monday. The company also announced a new family plan[4]. All in all, investors liked the news and sent shares upwards to the tune of 24% gains Tuesday. Of course, contributor James Brumley thinks the optimism is overdone[5].
Apple (NASDAQ:AAPL[6]), which has slid dramatically since September[7], reported an 18% year-over-year drop in earnings[8], making for a $9.5 billion profit that came in line with analyst expectations[9]. AAPL also announced plans to raise its dividend and buyback more shares.
Microsoft (NASDAQ:MSFT[10]) jumped last week after the company reported a 19% improvement in earnings[11], then improved some more when ValueAct Capital revealed a $2 billion stake[12] in the company.
Exxon Mobil (NYSE:XOM[13]) — the largest company in the world by market cap thanks to Apple’s recent fall from grace — reports earnings Thursday. It’s also InvestorPlace‘s Stock of the Week[14], so we have plenty of other coverage on the oil & gas giant. The main thing to know for now, though, is that Exxon is expected to report a smaller first-quarter profit because of lower natural gas production[15]. You also can take a look at its technicals here[16].
Caesars Entertainment (NASDAQ:CZR[17]) soared 30% yesterday after it announced plans to split into two companies[18]. The new company will be called Caesars Growth Partners LLC and will have include the web/mobile business, Planet Hollywood in Las Vegas and the Horseshoe Baltimore.
RadioShack (NYSE:RSH[19]) posted its fifth straight quarter of losses[20], announcing a loss of 43 cents per share — far worse than the 11-cent loss analysts were expecting. Revenue also fell 7%.
For past “6 Stocks in 60 Seconds” clips, go here[21].
For more videos — including exclusive access to full-length interviews and early access to weekly updates — like us on Facebook[22] or follow us on Twitter[23]. As of this writing, Alyssa Oursler did not hold a position in any of the aforementioned securities.
Source URL: https://investorplace.com/2013/04/video-6-stocks-in-60-seconds-3/
Copyright ©2024 InvestorPlace unless otherwise noted.