Stocks to Watch this week: FedEx, Box, Salesforce and 3 more

This week, investors will continue to think about trade as rhetoric continues in the US, China, Mexico, and in Europe.

As such, investors will continue to focus on companies that have a lot of exposure in these countries. The following will be the stocks to watch this week.

⇒ Here you will find the types you can trade and How to Become a  successful Stocks Trader

FedEx

Following the Huawei ban by the United States, China announced that it will start investigating FedEx for undermining the legitimate rights and interests of Chinese clients. This is a major news, coming at a time when FedEx is seeing increased competition from the likes of Amazon. According to Xinhua, FedEx is said to not have delivered packages to their intended recipients in China.

This came a week after Huawei said that FedEx had diverted packages sent from Japan to US rather than to its offuces in China. The company apologized and said that it was an error. The question among investors will be on the other companies likely to be targeted by China.

Box

Box is a technology company that provides cloud storage to companies and individuals. The company is valued at more than $2.7 billion and is used by more than 70% of all companies in the S&P 500. It competes with the likes of DropBox, Google Drive, Amazon Cloud, and Microsoft. Today, the company will release its quarterly results, which was expected to show that revenues rose to $161.46 million and an EPS of -0.05. While the headline numbers will be important, investors will focus on growth and the large company added.

Salesforce

Salesforce is the largest CRM company in the world with a market cap of $117 billion. The company provides other companies with tools that help them sell and communicate with customers better. The company has released its earnings on Tuesday, and investors expected the revenues to climb to $3.3 billion and earnings to rise to $0.61.

As with other SAAS companies, investors will be looking for the additional clients the company added. They will also be looking at how the company has incorporated the recent acquisitions like Magento.

Smartsheet

As with Box and Salesforce, Smartsheet is a SAAS company providing enterprise users with a spreadsheet like product. The core product is used by more than 10 million people in more than 85K companies. It is valued at more than $4.51 billion. Investors expect it to make losses if $-0.18 per share and revenues of more than $54.6 million.

Cloudera

Cloudera is another SAAS startup that offers products like data engineering, data warehousing, machine learning, and analytics to corporate clients. It is valued at more than $2.5 billion. The company will report on Thursday and is expected to see its topline figures rise to $188 million. It is expected to lose $0.23 per share.

Docusign

Another company expected to release its results this week will be Docusign. This is a company that offers solutions to simplify the signing process. It is used by more than 200 million users. It held its IPO in 2017. On Friday, the company will release a report that is expected to show that revenues rose to $162 milion. It is also expected to make $0.05 a share.

Other companies that will release this week are Aurola Mobile, MongoDB, Discovery, and Coupa Software.

 

You want to start Day Trading? Download Free Guide › or Discover Our Platform ›

Other Helpful resources about this week stocks to watch

Investing Economic Calendar

China to probe FedEx after Huawei says parcels diverted – Reuters

Learn How to Trade, Trade Like a Pro & Make Money with DTTW

With DTTW's Technology, Trading Capital, and Risk-Management system, you can make money in day trading while managing your own business.

Accepted Payment Methods:

Payments accepted from DTTW™

Your ability to open a DTTW trading office or join one of our trading offices is subject to the laws and regulations in force in your jurisdiction. Due to current legal and regulatory requirements, United States citizens or residents are kindly asked to leave this website.

© 1997-2019 Day Trade The World™ All rights reserved.

Day Trade the World™ is a registered trademark of Select Vantage Canada Inc. 

Privacy PolicySitemap.

FEATURED DOWNLOAD:

Business Proposal eBook

  • Monthly profits (P&L) of our best partners
  • Detailed startup costs
  • Detailed ongoing costs
Download now ›
dttw free ebook
close-link