Chris Wang chats with Nicole Petallides, host of the Watch List, about what to expect to Home Depot and Walmart earnings tomorrow. Both companies have been big beneficiaries of the pandemic, but now face extremely tough comparisons.
On Friday afternoon, I had the pleasure of returning to Reuters TV to have a quick conversation with anchor Fred Katayama (@Freddiethekat). We discuss the surprising drop in consumer sentiment and why investors appear to be looking through the current Delta COVID wave. Corporate earnings remain extremely strong and with vaccination rates high in the US, this COVID wave should be shorter lived.
Andy Wang returned to The Watch List with Nicole Petallides to discuss the reopening of the economy and Dufry Group, a Swiss-based travel retailer which operates duty-free and duty-paid shops, and convenience stores in airports, cruise lines, seaports, railway stations, and central tourist areas.
Lululemon (LULU) is up 30% y/y and has been increasing. In a conversation with Nicole Petallides on the TD Ameritrade Network, Amber Focault, Strategist and Head of Products for Cardify and Chris Wang, Research Director of Runnymede Capital Management, discuss the future of Lululemon as well as other retailers with high customer enthusiasm and brand loyalty such as Nike (NKE) and Under Armour (UAA). While Lululemon’s sales may decrease after the full reopening of the U.S. currently, Americans are eager to get out and spend money. At present, Lululemon’s average basket size is at a rich $250 per customer. Tune in to find out more.
Andrew Wang returned to Market Overtime with Nicole Petallides to discuss the impact of rising inflation on your long-term portfolio.
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.
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