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Companies developing robotic technology could benefit from increased demand in the industrial, defense and services sectors.
Investors on Tuesday will continue parsing through an onslaught of earnings results in search of signals for the directions of future growth in the corporate world.
U.S. stocks ended a low-volume trading session little changed on Monday, with the biggest gains in the energy sector as investors otherwise stayed on the sidelines ahead of quarterly earnings. Investors were waiting for some of the biggest S&P 500 companies, including Boeing Co, Amazon.com Inc and Facebook Inc to report first-quarter results later in the week. Phil Orlando, chief equity market strategist, at Federated Investors, in New York said he has been encouraged by quarterly results even though it was early in the reporting season.
There's a lot to like about the company behind the groundbreaking daVinci robotic surgical system -- but there are important caveats to consider, too.
U.S. stocks were little changed on Monday, as investors were cautious ahead of a barrage of quarterly earnings reports from major companies. S&P 500 companies, including Boeing Co, Amazon.com Inc and Facebook Inc, were scheduled to report first-quarter results this week, which could help clear any investor fears of a earnings recession. Phil Orlando, chief equity market strategist, at Federated Investors, in New York said he has been encouraged by quarterly reports even though it was early in the earnings season.
Despite upbeat earnings reports so far, the S&P 500 has been trading in a narrow range and was 1.3% below a record high it hit in late September. Earnings reports from about a third of the S&P 500 companies, including Boeing Co, Amazon.com Inc and Facebook Inc, this week would help determine if investors should be concerned about the start of an earnings recession or whether back-to-back quarters of negative growth can be avoided.
Boeing's (BA) commercial deliveries decline 19% year over year in first-quarter 2019, which in turn might weigh on its bottom-line performance.
The Zacks Analyst Blog Highlights: Philip Morris, American Express, Honeywell, BB&T and SunTrust Banks
Northrop Grumman's (NOC) Mission Systems unit is expected to witness revenue growth, as it continues to ramp up production in the SABR radar program.
U.S. stocks pulled back slightly on Monday as investors awaited a barrage of major earnings reports this week, the busiest this earnings season, while a jump in energy stocks kept losses in check. Boeing Co was down 1.1% after the New York Times reported the company's factory in South Carolina, which makes the 787 Dreamliner, has been plagued by "shoddy production and weak oversight." Another report on Sunday said the planemaker rejected the allegations.
Lockheed Martin (LMT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Northrop's B-21 may be the future of U.S. Air Force bombers, but right now it's Boeing's B-52 that's winning all the cash.