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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Earnings season: 5 surging stocks reporting earnings next week

Stocks in this article: AA FAST JPM STZ WFC

James Dennin, Kapitall: Good news from the government could benefit these 5 stocks reporting earnings next week.

Stocks are up this morning, and the prognosis from most observers is that equities have been boosted by Janet Yellen's remarks that quantitative easing will have to stay in place "for some time" as the labor market improves. 

Encouraging manufacturing data, as well growing confidence in the EU and China, have boosted the S&P 500 for its seventh consecutive quarterly gain. 

[Read more from Kapitall: Drone stocks: some people in Colorado really, really don’t like drones]

Still, all eyes will be on the government this week. The Labor Department releases the joblessness numbers for March on April 4th.

In addition to providing clues to when QE will start winding down, the figure will provide insight into just how much the US recovery was hampered by a brutal winter. 

Depending on where you stand, good news about the job numbers could have multiple different effects on your portfolio. It's possible that investors might be spooked at the premise of sooner interest rate hikes. It's also possible that strong employment data could boost confidence world-wide. 

While the government is the focus of this week, next week will focus on the private sector: initial Q1 earnings reports from major American companies will be just as important as labor numbers. 

With what is by many accounts an overweight stock market, improved earnings will be essential to supporting higher stock prices, especially if bullish news pushes the market up even more. 

We built a list of the companies that are reporting next week, including some major names like Alcoa (AA), JP Morgan (JPM) and Wells Fargo (WFC).

We then screened these companies for who was rallying above their 20-day, 50-day, and 200-day averages. This indicates that the stock has strong momentum. Beating earnings expectations would likely support that momentum even more. 

We were left with 5 companies on our list. 

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

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