5 Stocks To Watch Today

1. Bank of America

The Estimize consensus on Bank of America (NYSE:BAC) calls for EPS of $0.46, three cents higher than Wall Street consensus.
Since Donald Trump was elected and the Federal Reserve began increasing rates the stock has been on a bullish run. Recently, BoA also passed the stress test which allowed them to raise their dividend to 48 cents a share.

2. The Goldman Sachs Group

The Estimize consensus on Goldman Sachs (NYSE:GS) calls for EPS of $3.69, 18 cents higher than Wall Street consensus and a loss of 1% YoY

Last quarter, investors were surprised by Goldman’s negative earnings, and they are now hoping for a positive surprise later today.

3. Johnson & Johnson

The Estimize consensus on Johnson & Johnson (NYSE:JNJ) calls for EPS of $1.82, three cents higher than the Wall Street consensus.

So far this year JNJ is up 13.9% and Estimize data shows that they have been on a streak of posting positive surprises for EPS.

4. Lockheed Martin Corporation

The Estimize consensus calls for Lockheed Martin (NYSE:LMT) to report an EPS of $3.18, nine cents higher than Wall Street consensus and a decrease of 4% YoY.

Lockheed Martin has consistently beaten the Street in 2016 and hopes the increased F-35 orders and deliveries will help to carry them. Earlier this year the Pentagon signed a deal with LMT which totaled $5.6 billion and another contract looks to be in the works. Internationally, Lockheed Martin signed a deal with Saudi Arabia for 257 Black Hawk helicopters.

5. IBM

The Estimize consensus on IBM (NYSE:IBM) calls for EPS of $2.76, three cents higher than the Wall Street consensus.

In the last three months, EPS estimates for IBM have fallen 14%, with revenues down 2% in that time. This is after Q1 results missed Estimize expectations on the top- and bottom-line, as IBM struggles to expand into higher growth market segments such as cloud, mobile and security, and instead remains hung up in older, saturated markets. The tech behemoth has been posting negative revenue growth since Q1 2012. After increasing 20% in 2016, the stock has tumbled nearly 8% in 2017, despite tech stocks doing well overall.

Source: Bloomberg 

Junior Trader Stefan Panteleev

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