Financial Movers

Last week Chewy (#CHWY) reported earnings and beat analyst expectations! The company announced Q4 Non-GAAP EPS $0.11 (beat by $0.20) and revenue of $2.04B (+51.1% Y/Y).

Shares of #Chewy are trading at $82.71 and the company has a market cap of $34.35B while posting yearly net income (loss) of -92M. Many investors believe that the stock is overvalued, but others are buying with growth expectations. CEO Sumit Singh stated that the company will be opening their second automated fulfillment center this year, which does signal growth! Is Chewy the best growth stock to own?

Micron (#MU) announced their FQ2 earnings and beat analyst expectations! The company reported Non-GAAP EPS of $0.98 (beat by $0.03) and revenue of $6.24B (+30% Y/Y).

Shares of #Micron gained +4.76% after the company reported earnings and gave strong Q3 guidance. Revenue is forecasted to increase up to $7.1B and gross margins are expected to increase to 41.5% from Q2's 32.9%. Is now a good time for investors to buy Micron stock?

Earlier this month FedEx (#FDX) announced their FQ3 earnings and beat analyst expectations! The company reported a Non-GAAP EPS of $3.47 (beat by $0.23) and revenue of $21.5B (+22.9% Y/Y).

It was also announced this week that Barclays picked #FedEx as a good stock to buy and with good reason. The delivery services company beat revenue expectations by $1.56B after reporting major increases in all of their shipping segments. Should investors buy FedEx stock right now?

Adobe (#ADBE) announced Q1 earnings and beat analyst expectations! The company reported Non-GAAP EPS of $3.14 (beat by $0.41) and revenue of $3.91B (+26.5% Y/Y).

Despite the earnings beat, shares of #Adobe are trading down in post market at $454 (-1.30%). Investors may be selling because the company did give Q2 revenue guidance of $3.72B, which would mean a decrease from the previous quarter, but still an increase for Y/Y numbers. If Adobe shares continue to drop, should investors step in and buy?

Earlier this month Dollar General (#DG) reported their Q4 earnings and left investors and analyst with mixed emotions. The company announced GAAP EPS of $2.62 (miss by $0.07) and revenue of $8.41B (17.5% Y/Y).

Revenues from Dollar General beat analyst expectations by $120M, but their FY2022 guidance is what's leaving investors feeling mixed. The company announced that they're unsure what this year will be like and are projecting net sales in the range of a 2% decline to flat. Of course investors want to see growth, but not all is bad news at Dollar General. A share repurchase program of $2B was also announced along with a reward to investors by a dividend increase of +16%. Should investors add to/start a new position in Dollar General if the stock continues to decline?

Last night Nike (#NKE) announced their FQ3 earnings and investors are feeling mixed about the numbers. The company reported GAAP EPS of $0.90 (beat by $0.14) and revenue of $10.36B (+2.6% Y/Y).

Although revenues increased for the year, they were unable to beat analyst expectations and missed by $610M. The company blamed the slight increase on logistics problems and claimed that it slowed operations for up to three weeks. Since reporting, shares of #Nike are trading down to $135 (-3.28%). Will shares of Nike continue to slide? If they do, should investors begin buying?

Last night CrowdStrike (#CRWD) announced their Q4 earnings and beat analyst expectations. The company reported Non-GAAP EPS of $0.14 (beat by $0.06) and revenue of $264.9M (+74.2% Y/Y).

Shares of #CrowdStrike are currently trading at $200, which is a one year increase of +494%. But can they continue to climb?

Last month PepsiCo (#PEP) announced their Q4 earnings and beat analyst expectations! The company reported Non-GAAP EPS of $1.47 (beat by $0.01) and revenue of $22.46B (+8.8% Y/Y).

Shares of #Pepsi are currently trading at $133, which are down from high's of $148 (-10.6%). Total net incomes for the year of 2020 were down in comparison to 2019, but quarterly earnings are coming back strong which does signal strength going into 2021. Should investors buy the dip in Pepsi shares?

Earlier this month Kroger (#KR) announced their Q4 earnings and missed analyst expectations. The company reported GAAP EPS of -$0.10 (miss by $0.79) and revenue of $30.74B (+6.4% Y/Y).

Some investors and analysts are bearish on #Kroger because they reported identical sales of +10.6%, but do expect 2021 identical sales to be in the range of 9% to 11%. This does signal stagnating, or even shrinking growth, which could prompt investors to sell. One investor that isn't selling, but is actually adding to his position, is Warren Buffett. It was announced last month the Buffett is adding to his Kroger stake, so should investors be adding too?

Last week Snowflake (#SNOW) announced their Q4 earnings and missed on EPS but beat on revenue. The company reported GAAP EPS of -$0.70 (miss by $0.26) and revenue of $190.4M (117.4% Y/Y).

Many investors were disappointed by the total net income loss that #Snowflake reported and sold their position. Last year the data-cloud company IPOd and opened at $245 per share. Shares then rocketed up to $429 over the following months, but are now trading below IPO price at $230. Is now the time for investors to buy the dip in Snowflake?