5 Stocks To Watch For August 20, 2020

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

• Wall Street expects Alibaba Group Holding Ltd – ADR BABA to report quarterly earnings at $1.98 per share on revenue of $21.22 billion before the opening bell. Alibaba shares gained 0.2% to $260.99 in after-hours trading.
• NVIDIA Corporation NVDA reported better-than-expected results for its second quarter. The company also said it expects Q3 revenues of $4.40 billion, plus or minus 2%. NVIDIA shares dropped 2.2% to $475.01 in the after-hours trading session.
• Analysts expect Estee Lauder Companies Inc EL to report quarterly earnings at $0.22 per share on revenue of $2.41 billion before the opening bell. Estee Lauder shares rose 0.6% to $213.80 in after-hours trading.

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• Intel Corporation INTC said it was entering into accelerated share repurchase agreements to buy a total of $10 billion of the company’s common stock. Intel shares gained 3.6% to $50.06 in the after-hours trading session.
• After the markets close, Ross Stores, Inc. ROST is projected to post a quarterly loss at $0.30 per share on revenue of $2.41 billion. Ross Stores shares fell 0.8% to $89.56 in after-hours trading.