Super Micro, Ferrari, Marriott, Airbnb, Novo Nordisk, and More Stocks to Watch This Week
Wall Street is set for a busy week, with a number of major companies reporting earnings. Here are some of the stocks to watch:
Super Micro (SMCI)
The server maker is expected to report earnings per share of $0.95 on revenue of $1.1 billion. Super Micro has been a beneficiary of the work-from-home trend, and analysts expect the company to continue to benefit from this trend in the future.
Ferrari (RACE)
The Italian luxury carmaker is expected to report earnings per share of $1.50 on revenue of $1.2 billion. Ferrari has been struggling in recent months due to the COVID-19 pandemic, but analysts expect the company to start to recover in the second half of the year.
Marriott International (MAR)
The hotel operator is expected to report earnings per share of $1.05 on revenue of $4.5 billion. Marriott has been hit hard by the COVID-19 pandemic, but analysts expect the company to start to recover in the second half of the year.
Airbnb (ABNB)
The home-rental company is expected to report earnings per share of $0.25 on revenue of $1.5 billion. Airbnb has been a beneficiary of the work-from-home trend, and analysts expect the company to continue to benefit from this trend in the future.
Novo Nordisk (NVO)
The Danish pharmaceutical company is expected to report earnings per share of $1.40 on revenue of $4.5 billion. Novo Nordisk has been a strong performer in recent years, and analysts expect the company to continue to grow in the future.