Stock Pops & Drops
Pete Najarian spoke on CNBC's Stock Pops & Drops about a 4.15 percent move higher in LinkedIn Corp (NYSE: LNKD). He explained that it traded higher on an analyst upgrade and he is bullish on the stock.
Guy Adami said that AT&T Inc. (NYSE: T) gained 1.98 percent after Jefferies raised its price target to $40. He is not sure that it is going to be able to reach $40, but it looks to him that it could jump above its resistance.
Karen Finerman would wait to see how Vera Bradley, Inc. (NASDAQ: VRA) is going to behave after the stock lost 14 percent on Wednesday.
Brian Kelly thinks that Nuance Communications Inc. (NASDAQ: NUAN) looks very good after it gained 6.67 percent on Wednesday. He would wait for a pullback before buying the stock.
Stocks To Watch For June 4, 2015
Some of the stocks that may grab investor focus today are: SJM PAY MIK LE JOY FIVE CIEN
Wall Street expects Ciena Corporation (NYSE: CIEN) to report its Q2 earnings at $0.24 per share on revenue of $606.53 million. Ciena shares gained 0.99 percent to close at $24.44 yesterday.
Analysts expect J M Smucker Co (NYSE: SJM) to report its Q4 earnings at $0.99 per share on revenue of $1.36 billion. Smucker shares fell 0.58 percent to $117.50 in after-hours trading.
Joy Global Inc. (NYSE: JOY) is projected to report its Q2 earnings at $0.56 per share on revenue of $809.94 million. Joy Global shares slipped 0.08 percent to $38.87 in the after-hours trading session.
Five Below Inc (NASDAQ: FIVE) reported better-than-expected results for the first quarter and raised its FY15 forecast. Five Below shares surged 7.35 percent to $37.68 in the after-hours trading session.
Analysts are expecting VeriFone Systems Inc (NYSE: PAY) to have earned $0.42 per share on revenue of $489.09 million in the second quarter. VeriFone shares climbed 1.79 percent to close at $38.94 yesterday.
Lands' End, Inc. (NASDAQ: LE) is estimated to report its Q1 earnings at $0.03 per share on revenue of $320.54 million. Lands' End, shares rose 0.53 percent to close at $28.70 yesterday.
Analysts expect Michaels Companies Inc (NASDAQ: MIK) to report its Q1 earnings at $0.33 per share on revenue of $1.08 billion. Michaels shares gained 1.07 percent to close at $28.25 yesterday.