Financial Movers

Discover Financial Services (#DFS) is an American financial company that owns and operates Discover Bank. The company reported their Q4 earnings and beat EPS by $0.24 and their revenue fell in-line with analyst expectations. Yesterday shares of #Discover were trading at all time highs of $100.96, but have dropped -7% to $93.70 since reporting. Should investors be buying Discover stock even with revenues decreasing?

Procter & Gamble (PG) reported fiscal Q2 earnings and beat expectations. The company reported EPS of $1.64 vs. $1.51 expected and revenue of $19.75 billion vs. $19.27 expected. After reporting, shares of the company slipped by -1.14% and are now trading on the 200-day moving average at $132.11. In November of last year the company's #stock hit an all time high of $146.92, but has failed to re-test it and is down -10% since. Is now the time for investors to buy P&G stock?

Goldman Sachs (#GS) is an American investment bank and financial services company that's headquartered in New York City. Yesterday morning the company reported their Q4 earnings and announced an EPS beat by $4.84 and beat on revenue by $1.67B. Since reporting earnings #Goldman Sachs shares have dipped -5% and are now trading at $289. Is now the time for investors to buy Goldman Sachs shares?

This morning Logitech (#LOGI) reported their fiscal Q3 results and blew out expectations! The computer peripheral company reported a revenue increase of 85% and operating income tripled. After #Logitech reported shares jumped up +3% in pre-market to $103.44 and quickly sold off at market open. Now shares are trading at $96.88, down -4% today. Since January of 2020 Logitech stock is up 104%. Has the stock ran up too much? Or should investors buy shares after the earnings beat?

JPMorgan Chase (#JPM) is an American bank and financial services company headquartered in New York City. The company ranks as the largest U.S. bank and world's seventh largest bank by total assets. This past Friday #JPMorgan announced their Q4 2020 earnings. The company beat EPS by $1.17 and also beat on revenue by $1.42B. After the announcement shares fell -2% and failed to close above $140 resistance. JPMorgan shares hit new all time highs last week and are up over +25% since November of 2020. Should investors be buying JPMorgan shares now?

Visa (#V) is is an American financial services corporation that facilitates electronic funds transfers throughout the world. They operate through their popular Visa-branded credit cards, debit cards and prepaid cards. In 2020 #Visa had announced that it was going to acquire another financial technology company, Plaid, for $5.3 billion. This week Visa called off the acquisition after the U.S. Department of Justice sued to block the transaction basing the suit on antitrust laws. At the beginning of the week shares of Visa were trading for $215 and are now at $200, down -7.5%. The stock has been struggling to break through $215 since February of 2020 and consistently sell-off when touching the resistance level. Is now the dip to buy Visa #stock?

BlackRock (#BLK) is an American multinational investment management corporation based in New York City and is the world's largest investment management company. This morning the company reported earnings and beat on analyst expectations for both EPS and revenue. In March of 2020 the stock took a dip from $570 down to $325, but are now trading at $755. Shares of #BlackRock are up +40% over the past year and are trading near their all time high of $788. Is now the time to buy BlackRock stock after the company reported earnings?

In December of 2020, FedEx (#FDX) reported their quarterly earnings and beat eps and revenue expectations. Because 2020 was an unprecedented year for business the company decided not to give guidance and investors have been selling their shares relentlessly ever since. Shortly before reporting earnings #Fedex shares were trading at all time highs of $305 and are now down -17% while trading at $251. Is now the buy on dip opportunity for Fedex stock?

Albertsons (#ACI) is an American grocery company founded and headquartered in Boise, Idaho. The company has 2,252 stores in 34 states with over 270,000 employees. This morning the company reported their Q3 earnings and topped profit forecasts and gave positive guidance into 2021. Albertsons said it expects full-year earnings of $4.5 billion after increasing revenues by 9.2%. In June of 2020 #Albertsons stock IPOd for $16. Currently shares are trading at $17.05 and at one point last year Mad Money host Jim Cramer said that Albertsons stock under $25 is a buy. Is Albertsons stock now a buy after their earnings beat?

Nvidia (#NVDA) is a computer gaming company that's headquartered in Santa Clara, California. They're most famously known for their graphics processing units for gaming, but they're rapidly progressing into many markets! Just yesterday Nio (#NIO), the Chinese electric vehicle company announced a partnership with #nvidia to develop a new generation of automated driving electric vehicles. Nio #stock has soared over the past year gaining more than +1,500%, and Nvidia stock has also returned tremendous returns to investors of +117%. Is Nvidia stock a buy after the announcement? Last year, 2020, was an explosive year for both the EV and semiconductor industries. Will 2021 follow suit?