April 6, 2016 1 Comment
In general, earnings season is coming up now (mid to late April) for many of these stocks and we can hear about forward revenue projections and their views on oil prices as well as dividend policy.
Comments for Stocks on watch:
Novartis (NVS) – April 21 we will hear Q1 results and updates on strategy and EPS.
Statoil (STO) – April 27 we will hear Q1 results. Stock price linked to dividend policy. Their current dividend is over 7% and sustaining the stocks’ value
Linked In (LNKD) – April 28 Q1 earnings call. Stock hit hard after forward guidance but still has significant and growing revenues (not a unicorn).
Wynn (WYNN) – Stock still in 90’s… will continue to watch (up from far lows).
ConocoPhillips (COP) – Stock already took hit from 75% dividend cut. Now they believe they can break even on cash flow perspective at $45 oil which is attainable. Remains on watch
Coca Cola Femsa (KOF) – Stock in 80’s… will continue to watch.
Devon (DVN) – still watching with oil prices. Devon has a low dividend so little downside risk now of dividend cuts.
Royal Dutch Shell (RDS.B) – will watch with oil prices and their restructuring. Still holding on to high dividend for now (almost 8%)
Oracle (ORCL) – still rising with cloud numbers.