8 Stocks To Watch For October 17, 2018

Some of the stocks that may grab investor focus today are:

  • Wall Street expects U.S. Bancorp (NYSE:USB) to report quarterly earnings at $1.04 per share on revenue of $5.69 billion before the opening bell. U.S. Bancorp shares rose 0.26 percent to $51.10 in pre-market trading.
  • Analysts expect Steel Dynamics, Inc. (NASDAQ:STLD) to post quarterly earnings at $1.66 per share on revenue of $3.14 billion after the closing bell. Steel Dynamics shares dropped 1.01 percent to close at $40.26 on Tuesday.
  • Netflix, Inc. (NASDAQ:NFLX) reported stronger-than-expected earnings for its third quarter. The company had total streaming net additions of 6.96 million. Netflix shares climbed 11.78 percent to $387.20 in the pre-market trading session.
  • After the closing bell, Kinder Morgan, Inc. (NYSE:KMI) is projected to post quarterly earnings at $0.21 per share on revenue of $3.53 billion. Kinder Morgan shares rose 0.56 percent to $18.02 in pre-market trading.

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  • IBM (NYSE:IBM) reported upbeat earnings for its third quarter, while sales missed estimates. The company reaffirmed FY18 guidance. IBM shares dropped 4.42 percent to $138.70 in pre-market trading.
  • Analysts are expecting Alcoa Corporation (NYSE:AA) to have earned $0.74 per share on revenue of $3.36 billion in the latest quarter. Alcoa will release earnings after the markets close. Alcoa shares rose 0.80 percent to $36.48 in pre-market trading.
  • Cree, Inc. (NASDAQ:CREE) reported upbeat results for its first quarter and issued strong second-quarter guidance. Cree shares gained 2.05 percent to $38.31 in pre-market trading.
  • Analysts expect Abbott Laboratories (NYSE:ABT) to report quarterly earnings at $0.75 per share on revenue of $7.65 billion before the opening bell. Abbott shares rose 1.48 percent to $72.00 in pre-market trading.

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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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