Chris Wang speaks with Nicole Petallides, host of the Watch List and Market Overtime, about Under Armour (ticker UAA) earnings. The company blew out expectations earnings 16 cents vs street expectations of 4 cents. It also raised full year guidance from 12 to 14 cents to 28 to 30 cents. Given that the company already earned 16 cents and the third and fourth quarters are typically their strongest, their guidance seems very conservative and the company will likely blow out earnings for the rest of the year.
Andrew Wang says that the semiconductors sector has good visibility as lead times extend to 12-50 weeks. He also discusses Taiwan Semiconductor Company (TSM) which reported earnings of $0.96 in EPS and $12.92B in revenue.
Chris Wang speaks with Nicole Petallides, host of the Watch List and Market Overtime, about the cloud industry and its growing global megatrend. The group has seen real benefit from the pandemic, pulling revenues forward. Many names in the industry have been huge beneficiaries due to their their business models and Chris thinks this looks like a decent entry point to start building a position in several names in the cloud space.
Andrew Wang and Nick Colas provide their respective outlooks for the financial sector, including some names they like moving forward in 2021.
Andy Wang spoke with Nicole Petallides, host of the Watch List, about financial markets, Spirit Airlines, and Fiserv -- two stocks that will benefit from the reopening of the economy.
Andy Wang chats with Nicole Petallides, host of the Watch List, about investment opportunities in the COVID pet boom.
Andy returns to The Watchlist with Nicole Petallides to discuss COVID-19 vaccines.
Andy Wang says the massive liquidity and government stimulus measures can drive the market higher in the third quarter. But he tells Reuters' Fred Katayama the markets could also encounter some choppiness in the upcoming earnings season.
Chris Wang returned to The Watch List with Nicole Petallides this afternoon to discuss the financial markets, Peloton, and Conagra Foods.
Andy Wang returned to The Watch List with Nicole Petallides this afternoon to discuss the financial markets, PepsiCo, and FedEx Corp.
