This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Stocks Enjoying Upgrades Before Earnings

Goldman's reason for the upgrade was Lowe's improved margins despite a time when "many retailers are likely to experience decelerating growth." After the news the stock gained +2% in the premarkets. The retail stock has gained +10.2% over the past month.

Along with the buy recommendation, Goldman estimated that the retailer's EPS would jump 18% in the third quarter and 31% in the fourth quarter. Lowe's will release its earnings report on Nov. 15.

Wal-Mart (WMT)

Despite consumer spending being down, Citi has announced that it will maintain its buy rating of Wal-Mart (WMT - Get Report). They have also reiterated their price target of $64, for the retail stock.

"[Wal-Mart] is intensely focused on fixing the mistakes made in the U.S. over the past two quarters by adding inventory back to the assortment, reinstating Action Alley, and returning to an EDLP pricing strategy. The company's outlook for 2H10 is cautious as the health of its core customer has not improved. However, correcting the company-specific issues at Wal-Mart U.S. should yield topline improvement in 2H10, and management's emphasis on the productivity loop gives us confidence that WMT can make our 2010 EPS estimate of $4.06," Citi experts announced.

Wal-Mart will release its earnings report on Nov. 16, and shareholders will discover if Citi's recommendation holds true.

2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
WMT $66.94 -2.90%
AAPL $93.49 -1.40%
LVS $45.89 0.06%
HPQ $12.30 -2.10%
LOW $75.44 0.07%


Chart of I:DJI
DOW 17,777.48 -53.28 -0.30%
S&P 500 2,064.97 -10.84 -0.52%
NASDAQ 4,775.5350 -29.7560 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs