Today I start my first weekly review of stocks which have upcoming earnings announcements. There can be hundreds a week, so I will limit to a handful of the most notable or most interesting stocks. For this week (from 9/25 – 9/27), there are a few stocks that look very promising. Feel free to message me with any questions.
Micron Technology (MU) – Earnings on 9/26 AMC. This company I have been following for years and for full disclosure, I am an investor in this company. The best description of Micron Tech is from Webopedia, “MU is a leading provider of advanced semiconductor solutions. Micron’s DRAM and Flash components are used in today’s most advanced computing, networking, and communications products, including computers, workstations, servers, cell phones, wireless devices, digital cameras, and gaming systems.”
Although MU is a great long-term stock to own, it also is subject to fluctuation like most companies. From events like the trade war with China and the continuing challenge to innovate in a complex industry, Micron doesn’t have an easy route to success. However, many analysts, including myself, are forecasting an earnings beat for the company.
Thor Industries (THO) – Since this is a slow earnings week and because I am a huge Marvel fanboy, I thought I would review Thor Industries. Don’t let the name fool you though, this is not a company run by the god of thunder. Thor Industries engages in the manufacturing and sale of recreational vehicles and is recommended by most analysts as a strong sell. That’s right, don’t by this stock at all. On top of stagger amount of debt the company has taken on over the last year, the company has missed analysts estimates the last 5 quarters in a row. Perhaps senior management for Thor should pass Mjölner around and see if perhaps new management could be worthy to run this company.
Thor Industries will announce its earnings miss on 9/28 (why it is announcing on Saturday is a mystery to me).
Dry Powder 