Despite the usual short-term headwinds, Schlumberger seems to be one of the best-positioned players in the energy services sector. Once the macro environment improves, the stock could head substantially higher from its current, depressed levels.
The banking giant will be looking to regain investor confidence ahead of what could be a challenging quarter.
The tech giant cut the price of its latest MacBook Air and refreshed its cheapest MacBook Pro. It also discontinued a MacBook that felt strongly influenced by Jony Ive's design philosophy.
While JPMorgan stock remains relatively expensive, the valuation premium is probably justified by the quality of the company's fundamentals, particularly ahead of an earnings season that could prove turbulent for the banking sector.
Paying close attention to Citigroup's results will be useful in assessing the overall state of the financial services sector as earnings season kicks off. But when it comes to the investment opportunity, there might be better bank stocks to consider.
European leaders, including Germany's Angela Merkel, effectively threw in the towel in their decades-long fight against inflation this week by naming IMF Managing Director Christine Lagarde to the one position in the world's largest economic bloc designed to control it.
Given consistent sales growth, expectations for expanding margins and a solid SaaS backlog, Adobe appears to qualify as a strong GARP (growth at a reasonable price) play.
Chip stocks in general are selling off following a downgrade that's arguably only bad news for certain parts of the sector.
While Looker operates in a very competitive market, it does have some unique technology strengths that could be useful as Google tries to grow its enterprise cloud position.