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 Red Hat (NYS: RHT) , a provider of Linux-based enterprise-software solutions, posting its quarterly results. Analysts see Red Hat earning $0.26 a share, 30% ahead of the $0.20 a share it delivered a year earlier.
FSI makes capital equipment for the microelectronics industry. You already know Nike. Only one of them is expected to turn a quarterly profit this time around, and it's the iconic company behind the signature swoosh you'll find on lots of athletic footwear and apparel.
TIBCO Software (NAS: TIBX) and Bed Bath & Beyond (NAS: BBBY) are just some of the companies slated for the earnings stage on Wednesday. Both the enterprise-software provider and home-goods retailer are expected to post improving bottom-line results.
If you figured that greeting cards and stationery are dying industries in these dot-com days, think again. American Greetings continues to find a way to grow in this climate. CalAmp is projected to post a small profit, reversing a quarterly loss from a year earlier.
You can expect a quiet trading day on Friday. Folks will probably be heading home early for the holiday weekend, since the market will be closed the following Monday in observance of Christmas.
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At the time this article was published Motley Fool newsletter serviceshave recommended buying shares of Nike, Bed Bath & Beyond, and TIBCO Software and creating a diagonal call position in Nike. 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.