Microsoft (MSFT)

Microsoft (MSFT) will report earnings tomorrow after the close and estimates are $0.53 versus $0.68. Earnings growth is anemic but the stock price is $3 below the current price target. If you want to buy this name in front of earnings, then we would be a half position or buy the stock and a put. 

msft

Qualcomm (QCOM)

Qualcomm (QCOM) will report earnings tomorrow after the close and estimates are $1.34 versus $1.31. Earnings growth is anemic but the stock price is well below the current price target. If you want to buy this name in front of earnings, then we would be a half position or buy the stock and a put.

 qcom

Gilead Sciences (GILD)

Gilead Sciences (GILD) will report earnings tomorrow after the close and estimates are $2.28 versus $1.48. Earnings growth is strong but the stock price is above the current price target. For now, we would wait until after earnings and hope for a pullback to buy this name. 

gild

Stock Scorecard: Lam Research (LRCX)

Lam Research (LRCX) will report earnings tomorrow after the close and estimates are $1.30 versus $1.26. Earnings growth is rather anemic and the stock price is above the current price target. Given the recent weakness in the semiconductor space, we would be a seller in front of earnings. 

lrcx

Chemed (CHE)

Chemed (CHE) looks like an interesting short idea to me. The price target is almost $18 lower. Earnings growth is weak at 6.3% with a forward P/E of 17. Technically the stock is looking worn. 

che

American Express (AXP)

American Express (AXP) will report earnings after the close. Estimates are $1.36 versus $1.33. The stock has sold off by $15 and is worth a look if it stays above $78. 

axp

Netflix (NFLX)

Netflix (NFLX) is overvalued to the price target. That said, it is still below its upper target and could still have a big run to its upper target. Worth a shot on a breakout post earnings on Thursday.

 nflx

Intel (INTC)

Intel (INTC) will report earnings on Tuesday after the close. Estimates are for $0.41 versus $0.38.  Despite the earnings growth, the stock is effectively at its price target and has little upside. For now, we would avoid this name.

 intc

Bank of the Ozarks (OZRK)

Bank of the Ozarks (OZRK) will report earnings after the close. Estimates are $0.46 versus $0.68. Despite the anemic earnings growth, there is some nice upside to this name. Worth a look post earnings. 

ozrk

PulterGroup (PHM)

PulteGroup (PHM) got a downgrade to underweight today by JP Morgan and we agree. The stock is at the price target so there is little upside. 

phm