Tracey Ryniec, Sheraz Mian and Todd Bunton, Strategists at Zacks Investment Research, discuss whether or not you should get back into the oil trade and whether the big integrated oil companies, like Chevron (NYSE: CVX) are buys now.
Earnings to watch this week include top retailer Costco (NASDAQ: COST), car retailer AutoZone (NYSE: AZO) and Adobe (NASDAQ: ADBE) with its “creative cloud.” Lululemon (NASDAQ: LULU), the yoga apparel maker, will also be reporting and should have some insight on the key holiday selling season.
They also reveal who has had positive earnings revisions, and are a Zacks Rank Buy, and which companies you might want to avoid because they've fallen to a Zacks Rank #5 (Strong Sell).
But what else should investors look for in the earnings report this week? Watch our video below to find out one of the keys to trading during earnings season and which stocks have earnings momentum.
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CHEVRON CORP (NYSE: CVX): Free Stock Analysis Report
COSTCO WHOLE CP (NASDAQ: COST): Free Stock Analysis Report
AUTOZONE INC (NYSE: AZO): Free Stock Analysis Report
ADOBE SYSTEMS (NASDAQ: ADBE): Free Stock Analysis Report
LULULEMON ATHLT (NASDAQ: LULU): Free Stock Analysis Report
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