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 market kicks off the new trading week with Take-Two Interactive reporting. The video-game publisher scored a huge hit in September with Grand Theft Auto V, and its success probably carried over into the holiday quarter. Analysts see profitability doubling to $1.34 a share for the quarter on a 73% surge in revenue.
Grand Theft Auto V will be a hard act to follow in the upcoming fiscal year, but it will be interesting to see how the Take-Two pipeline of new releases is holding up when the company updates its outlook on Monday.
Gigamon checks in on Tuesday afternoon. The IT infrastructure specialist focusing on traffic visibility solutions went public at $19 last June. The stock had more than doubled a few months later, but it has since given up roughly half of those gains.
Wall Street is banking on a profit of $0.12 a share when Gigamon reports. The good news for shareholders is that the company has blown income targets away in its first two quarters as a public company.
Organovo reports on Wednesday, and there won't be any suspense in the results. Organovo's still a development-stage company, with the ambitious goal to bio-engineer a proxy for human tissue and eventually organs that can be used to at the very least to expedite drug testing.
In other words, don't hold out for profitability or meaningful revenue. Folks buying into Organovo are looking out to the future, where the company will either be a market-thumping game-changer or a story stock gone bad.
Nuance Communications calls in on Thursday. The speech recognition pioneer has gotten lost in translation with investors lately. The stock is trading closer to its 52-week low than to its 52-week high, and that's understandable when one considers that the company went from earning $1.73 a share in fiscal 2012 to $1.33 in fiscal 2013. Analysts see another year of declining profitability.
Nuance announced preliminary financial results two weeks ago, but the quarterly results become official on Thursday.
The final trading day of the week is typically quiet, but not this time around, with Liquidity Services reporting. The provider of online marketplaces for surplus, wholesale, and salvage assets saw its stock take a beating last year after disappointing the market, but now it gets a chance to bounce back in 2014. If the company continues to meander, it may find itself on a marketplace of its own.
Let's look at a big trend that will grow beyond the week ahead
If you thought the iPod, the iPhone, and the iPad were amazing, just wait until you see this. One hundred of Apple's top engineers are busy building one in a secret lab. And an ABI Research report predicts 485 million of them could be sold over the next decade. But you can invest in it right now, for just a fraction of the price of Apple stock. Click here to get the full story in this eye-opening new report.
The article The Fool Looks Ahead originally appeared on Fool.com.
Rick Munarriz has no position in any stocks mentioned. The Motley Fool recommends Apple, Liquidity Services, Nuance Communications, and Take-Two Interactive and owns shares of Apple and Nuance Communications. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.