This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Investing Ahead of Earnings: Lennar, Nike and Tiffany

NEW YORK (TheStreet) -- Today we preview seven companies reporting earnings Thursday and Friday. We crunch the numbers; you decide when to invest. Look at Page 2 for a handy key to the trading and investment terms I use.

ConAgra Foods (CAG) ($29.56, down 12% year to date): Analysts expect the food company to report earnings of 60 cents a share before the opening bell on Thursday. The stock set an all-time intraday high of $37.28 on Aug. 5, 2013. It traded as high as $34.18 on Jan. 15 before declining to as low as $28.09 on Feb. 27. The weekly chart is negative but oversold. The five-week modified moving average is at $30.06, and the 200-week simple moving average is at $27.51. Monthly and weekly value levels are $28.95 and $26.57, respectively, with annual and semiannual risky levels at $32.21 and $33.81, respectively.

Darden Restaurants (DRI) ($49.70, down 8.6% YTD): Analysts expect the parent of restaurant chains Red Lobster, Olive Garden, LongHorn Steakhouse and The Capital Grill to report earnings of 82 cents a share before the opening bell on Friday. The stock set a multiyear intraday high at $54.89 on Dec. 23, then traded as low as $47.05 on Feb. 5 before rebounding to its 200-day SMA at $50.32. Shares ended Monday's session below that level. The weekly chart is negative with the stock between its 200-week SMA at $48.61 and its five-week MMA at $50.06. Weekly and annual value levels are $48.29 and $44.89, respectively, with a monthly pivot at $50.04 and annual and quarterly risky levels at $52.59 and $56.60, respectively.

Lennar (LEN - Get Report) ($40.06, up 1.3% YTD): Analysts expect the homebuilder to report earnings of 28 cents a share before the opening bell on Thursday. The stock set a multiyear intraday high at $44.40 on Feb. 27 and then traded as low as $39.79 on Friday. That's lower than its 50-day SMA at $40.26. The weekly chart is negative with the stock's five-week MMA at $40.56. My monthly value level is $39.49 with semiannual risky levels at $41.07 and $43.94, respectively.

Nike (NKE - Get Report) ($78.32, down 0.4% YTD): Analysts expect this maker of upscale sports-oriented sneakers and Dow component to report earnings of 73 cents a share after the closing bell on Thursday. The stock traded to an all-time intraday high at $80.26 on Dec. 9, then traded as low as $69.85 on Feb. 5, staying above its 200-day SMA, now at $71.17. The stock traded as high as $80.09 on March 7, challenging the prior high. The weekly chart is positive with its five-week MMA at $77.24. My quarterly value level is $58.15 with a weekly pivot at $78.42 and monthly and semiannual risky levels at $83.29 and $89.41, respectively.

Shoe Carnival (SCVL) ($26.08, down 10% YTD): Analysts expect the retailer of footwear for the whole family to report earnings of 4 cents a share after the closing bell on Thursday. The stock set an all-time intraday high at $29.75 on Jan. 7 then traded as low as $23.59 on Jan. 24 before rebounding to its 200-day SMA at $26.14. The weekly chart is positive with its five-week MMA at $26.06. My annual value level is $24.20 with a weekly pivot at $26.61 and monthly and semiannual risky levels at $29.19 and $29.22, respectively.

Tibco Software (TIBX) ($21.23, down 5.6% YTD): Analysts expect the software company to report earnings of 11 cents a share after the closing bell Thursday. The stock set an all-time intraday high of $27.15 on Sept. 20, 2013, then traded as low as $20.39 on Feb. 4, with the stock below all five moving averages shown in today's "Crunching the Numbers" table. (See Page 2.) The weekly chart is neutral with rising stochastics, but with the stock below its five-week MMA at $21.72 and its 200-week SMA at $23.73. Weekly and annual value levels are $19.52 and $15.08, respectively, with annual and monthly risky levels at $24.28 and $25.08, respectively.

Tiffany (TIF) ($92.31, down 0.5% YTD): Analysts expect the luxury jewelry retailer to report earnings of $1.52 a share before the opening bell Friday. The stock traded to an all-time intraday high at $94.88 on March 6. The weekly chart is positive with its five-week MMA at $90.47. Annual and quarterly value levels are $78.01 and $77.26, respectively, with a weekly pivot at $91.46 and semiannual and monthly risky levels at $93.37 and $96.94, respectively.

1 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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
LEN $50.09 0.00%
NKE $96.99 0.00%
AAPL $130.12 -0.23%
FB $80.41 0.00%
GOOG $554.76 -0.13%

Markets

DOW 18,214.42 -10.15 -0.06%
S&P 500 2,110.74 -3.12 -0.15%
NASDAQ 4,987.89 +20.7530 0.42%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs