The Fool Looks Ahead
There's never a dull week on Wall Street. Let's go over some of the news that will shape the week to come.
The new trading week kicks off with Cal-Maine (NAS: CALM) reporting its latest quarterly results. They say a company shouldn't put all of its eggs in one basket, but Cal-Maine can't help it. The company sells fresh-shell eggs. Analysts see earnings more than doubling to $0.20 a share this quarter.
Fertilizers continue to be a growing market, and Mosaic (NYS: MOS) should prove that when it reports its fiscal first-quarter financials after Wednesday's market close. The pros are banking on seeing profitability nearly doubling for the producer of concentrated phosphate and potash crop nutrients, which replaced National Semiconductor in the S&P 500 index Friday.
Worthington Industries (NYS: WOR) and Micron Technology (NAS: MU) are the two biggest names chiming in on Thursday. Worthington is an Ohio-based steel processor. Micron Technology is the memory-products giant. If I told you that just one of these two companies is projected to post improving profitability, would you have correctly guessed that it would be the steel company?
Shengkai Innovations (NAS: VALV) closes out the trading week -- and the month and the quarter -- with its quarterly report. Shares of the Chinese maker of ceramic valves got pounded last Monday, after the company announced that it will transition out of its less profitable domestic market segments. This normally wouldn't be a bad thing, but investors have been steering clear of Chinese small caps lately.
Until next week, I remain,
At the time this article was published The Motley Fool owns shares of Cal-Maine Foods. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors.Longtime Fool contributorRick Munarrizcalls them as he sees them. He owns no shares in any of the stocks in this story and is also part of theRule Breakersnewsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Motley Fool has adisclosure policy.
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