Crispus Nyaga

Crispus Nyaga is a Nairobi-based trader and analyst. He started trading more than 7 years ago as a student. He has published in several reputable websites like The Street, Benzinga, and Seeking Alpha. He focuses mostly on G20 currencies, commodities like Crude oil and Gold, and European and American large-cap companies.

Last week saw the release of earnings from most companies in the S&P 500. The results were generally positive although a number of companies like Boeing, Caterpillar, and Tesla disappointed. This week, the earnings season will continue. Here are the top companies to watch.

Monday

Today, a number of leading companies will release their earnings. AGCO, a leading supplier of agricultural equipment will be watched. Others to be watched are Appfolio, which is a supplier of real estate software, Baidu, Blooming Brands, Eaton, Fiserve, Illumina, Hitachi, Akamai, Johnson Controls, PerkinElmer, RingCentral, Seagate, SS&C, and Timken.

Tuesday

On Tuesday, the key companies that will report are Apple, AMD, Cray, Electronic Arts, FireEye, IPG Photonics, Ingersoll-Rand, Leidos, MKS Instruments, Maxim, Martin Marietta Materials, National Instruments, Tenable, Waters, Zendesk, and Zynga. Of all these, focus will be on Apple, which is going through a difficult time as iPhone sales slowdown. This is essential because iPhone sales account for more than half of the company’s earnings. In recent years, the company has seen its sales continue to decline. The results come a week after Donald Trump rejected Apple’s application for tariff exclusion for the new computers that it plans to build in China.

Wednesday

On Wednesday, key companies that will release are the likes of Activision Blizzard, Alamo, BAE Systems, Bruker, Carbonite, Fair Isaac, Flowserve, Fluor, Liberty, LivePerson, MSCI, MercadoLibre, RealPage, Rosetta stone, Rogers, Teladoc, Western Digital, and Twilio. Of all these companies, investors will pay close attention to Activision Blizzard, which will release its report a day after EA Sports releases. These companies are facing increased pressure from the likes of Fortnite and other mobile games. On Twilio, investors will want to see whether the messaging company is continuing its growth.

Thursday

On Thursday the companies that will be releasing their earnings are Arista Networks, Blackline, Cardtronics, Etsy, Fortune Brands, Generac, Glu Mobile, GoDaddy, MobileIron, Motorola, Open Text, Pinterest, Rapid7, Sabre Corpo, Shopify, Solar Winds, and Teradata among others. Shopify will be in the spotlight after its stock has risen by more than 100%. Today, the company is valued at more than $30 billion.

Friday

On Friday, the earnings season will fade away as only a few companies are expected to report. These are companies like BT Group, Constellation Software, Kyocera, and The KEYW.

As the earnings season comes to an end, investors will be watching the talks between the US and China. These talks are scheduled to start later this week in Beijing. While the expectations are low, investors believe that a deal could help return growth to stocks. In addition, traders will be watching the FOMC, which will release its interest rates decision on Wednesday.

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