Shopify (SHOP: $92)
Bull Market Report Target Price: $90
Bull Market Report Sell Price: $65
Earnings Date: Tuesday, 8:00 AM ET
Consensus: 2Q17
Revenues: $145 million
EPS: -$0.07
Year Ago Quarter Results
Revenues: $85 million
EPS: -$0.04
Key Things to Watch For in the Quarter
Analysts estimate that Shopify will report a 65% increase in revenue to $144 million but still show earnings slightly in the red. Shopify has beaten estimates in the past four quarters, contributing to the 150% appreciation in the stock since this time last year. The stock has started to level out over the past few months in the $90-$92 range, but we are confident this is merely a hesitation before the next breakout.
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Apple (AAPL: $149)
Bull Market Report Target Price: $155
Bull Market Report Sell Price: We would not sell Apple
Earnings Date: Tuesday, 04:00 PM ET
Consensus: 2Q17
Revenues: $42 billion
EPS: $1.57
Year Ago Quarter Results
Revenues: $45 billion
EPS: $1.42
Key Things to Watch For in the Quarter
Analysts across Wall Street expect that Apple will report a healthy 10% growth in EPS to $1.57 and a 5% decrease in revenue to $42 billion. Apple has beaten estimates in each of the past four quarters. This success has contributed to the 40% appreciation in the stock since this same time last year. Although Apple’s top line has slowed down, we expect its innovative board and executives will roll out offerings to spur growth in future quarters.
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Carlyle Group (CG: $20)
Bull Market Report Target Price: $22
Bull Market Report Sell Price: $13
Earnings Date: Wednesday, 8:00 AM ET
Consensus: 2Q17
Revenues: $680 million
EPS: $0.43
Year Ago Quarter Results
Revenues: $530 million
EPS: $0.35
Key Things to Watch For in the Quarter
Carlyle Group is expected to report strong revenue and EPS growth for 2Q17. Analysts estimate that Carlyle will report an 18% increase in revenue and a 23% increase in EPS. Despite having only beaten analyst estimates in two of the past four quarters, the stock is still up over 20% since this time last year. Carlyle’s stock currently trades at a PE ratio of 23, which is extremely cheap compared to the industry’s average PE of well over 50.
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Tesla (TSLA: $335)
Bull Market Report Target Price: $350
Bull Market Report Sell Price: $280
Earnings Date: Wednesday, 04:00 PM ET
Consensus: 2Q17
Revenues: $2.5 B
EPS: -$1.80
Year Ago Quarter Results
Revenues: $1.3 B
EPS: -$1.61
Key Things to Watch For in the Quarter
Analysts across Wall Street expect that Tesla will report revenue growth of 100% to $2.5 billion and an increase in its earnings deficit to -$1.80 per share. Tesla’s is unique because unlike most equities its price is not driven by earnings. Yet. Of the past four quarters, Tesla has only beaten estimates once, but the stock has still appreciated 45% year-over-year. Tesla recently took a 20% hit in early July from the $380 range all the way down to $308, providing investors with a window of opportunity to enter the stock.
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Square (SQ: $26)
Bull Market Report Target Price: $29
Bull Market Report Sell Price: $20
Earnings Date: Wednesday, 04:00 PM ET
Consensus: 2Q17
Revenues: $535 M
EPS: -$0.05
Year Ago Quarter Results
Revenues: $440 M
EPS: -$0.08
Key Things to Watch For in the Quarter
We believe Square will increase its revenues by 22% to $440 million and improve its earnings deficit. Square has beaten estimates the past four quarters rewarding stockholders with 135% year-over-year appreciation. We are very bullish on Square as they continue to break all-time highs and continue to set themselves up for growth in future quarters.
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Annaly Capital Management (NLY: $11.93)
Bull Market Report Target Price: $12
Bull Market Report Sell Price: $11
Earnings Date: Wednesday, 04:00 PM ET
Consensus: 2Q17
Revenues: $595 M
EPS: $0.30
Year Ago Quarter Results
Revenues: $455 M
EPS: $0.29
Key Things to Watch For in the Quarter
We expect Annaly will report EPS growth of 3% to $0.30 and a 23% increase in revenue. Annaly has beaten estimates in two of the past four quarters and is up 7% year-over-year. Yielding a 10% dividend makes Annaly an extremely attractive stock for investors who are looking for both growth and income potential.
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Sabra Health Care REIT (SBRA: $23)
Bull Market Report Target Price: $30
Bull Market Report Sell Price: $21
Earnings Date: Wednesday, 04:00 PM ET
Consensus: 2Q17
Revenues: $55 M
EPS: $0.29
Year Ago Quarter Results
Revenues: $57 M
EPS: $0.53
Key Things to Watch For in the Quarter
Sabra is expected to report a slight decrease in revenue and a big drop in earnings for 2Q17. Sabra has missed estimates in the last three of four quarters, but its stock has remained fairly flat over the past year, only losing about 3% of its overall value. It still trades at a relatively cheap PE of 16 and yields a 7.4% dividend. We expect Sabra to turn things around as the economy continues to show signs of strong growth.