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Top Stocks to Watch Today (Feb. 24, 2017): GOOGL, JCP, HPE

Alphabet stock

The top stocks to watch today (Friday) are Alphabet Inc. (Nasdaq: GOOGL), JCPenney Co. Inc. (NYSE: JCP), and Hewlett Packard Enterprise Co. (NYSE: HPE).

Yesterday, the Dow closed 34.72 points higher, stretching its streak of record-high closes to 10 days.

The streak may come to an end today, though. Dow futures show a lower open before the bell.

Earnings reports drove down a number of stocks this morning, contributing to the potential lower trading day for the Dow.

Now that we know what will be moving markets, here are three top stocks to watch today…

Top Stocks to Watch Today: Alphabet Inc. (Nasdaq: GOOGL)

Alphabet stock is down 0.7% in early morning trading after announcing it is suing Uber over self-driving car technology.

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Alphabet filed the suit on Thursday at the U.S. District Court in San Francisco.

Waymo, Alphabet's autonomous car division, announced the suit in a blog post last night. The suit accuses Uber and ex-Google engineers of stealing intellectual property and using it to advance Uber's bid in the self-driving car development.

GOOGL stock is currently trading at $851.00 for a 7.4% gain year to date (YTD).

Top Stocks to Watch Today: JCPenney Co. Inc. (NYSE: JCP)

JCPenney stock is down 3% in early morning trading despite slightly better than expected earnings.

The company announced earnings per share (EPS) of $0.64 for the quarter. Analysts were expecting $0.61 EPS.

Despite the better than expected earnings, JCPenney announced that in-store sales fell 0.7% in the fourth quarter.

Along with the EPS, the company also said it will close down between 130 and 140 stores by the end of the year.

JCP stock is currently trading at $6.86 for a loss of 17.5% YTD.

Top Stocks to Watch Today: Hewlett Packard Enterprise Co. (NYSE: HPE)

Hewlett Packard stock is down 8% in early morning trading after posting a disappointing earnings report.

The company reported a net income of $0.16 per share. It reported EPS of $0.45 after it adjusted for restructuring charges. Analysts were expecting EPS of $0.44.

Hewlett Packard also reduced its full-year EPS guidance from $0.72 to $0.82 to a range of $0.60 to $0.70.

HPE stock is currently trading at $24.66 for a gain of 6.6% YTD.

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Top Stocks to Watch Today (Feb. 23, 2017): TSLA, CHK, KSS

Tesla stock

The top stocks to watch today (Thursday) include Tesla Inc. (Nasdaq: TSLA), Chesapeake Energy Corp. (NYSE: CHK), and Kohl's Corp. (NYSE: KSS).

Yesterday, the Dow closed 32.60 points higher to stretch its record close streak to nine in a row. This is the longest streak of record high closings for the Dow in 30 years.

While there are a lot of earnings reports coming out today, the biggest thing moving markets will be any talk focusing on the increased probability of a rate hike. The World Interest Rate Probability moved the odds of a rate hike in March up to 34%. There is now a 61.8% probability that rates will increase in May or sooner, up from 34% yesterday.

Now that we know what will be moving markets, here are three top stocks to watch today…

Top Stocks to Watch Today: Tesla Inc. (Nasdaq: TSLA)

Tesla stock is down 2.5% in early morning trading, even after posting smaller than expected losses for the quarter.

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The company posted earnings per share (EPS) of -$0.78 compared to -$2.44 EPS for the same quarter a year ago.

The improved earnings are largely due to a 77% increase in vehicle production over the same quarter a year ago.

TSLA stock is currently trading at $273.51 for a gain of 28% year to date (YTD).

Top Stocks to Watch Today: Chesapeake Energy Corp. (NYSE: CHK)

Chesapeake Energy stock is up 2.5% in early morning trading after posting a positive earnings report.

The company announced a 14% increase in oil and natural gas reserves compared to 2015, bringing the total to 1.7 billion barrels of oil equivalent.

EPS was -$6.39 for 2016. The loss was largely due to decreases in revenue. Revenue was down 24% for the quarter compared to the same time period a year ago.

CHK stock is currently trading at $5.92 for a loss of 16% YTD.

Top Stocks to Watch Today: Kohl's Corp. (NYSE: KSS)

Kohl's stock is up 2.5% in early morning trading after posting a better than expected earnings report.

The company posted EPS of $1.44, which is higher than the expected $1.32 EPS. The same quarter last year Kohl's posted EPS of $1.58.

Kohl's reported revenue of $6.205 billion, on target with expectations.

KSS stock is currently trading at $41.78 for a loss of 16% YTD.

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Top Stocks to Watch Today (Feb. 22, 2017): TEX, MBLY, TOL

TOL stockThe top stocks to watch today (Wednesday) include lifting and material processing products manufacturer Terex Corp. (NYSE: TEX), machine learning company Mobileye NV (NYSE: MBLY), and luxury home builder Toll Brothers Inc. (NYSE:TOL).

The Dow posted its eighth straight gain yesterday after finishing up 115.77 points. Positive earnings reports are playing a big part in these gains. Earnings will continue to move the markets again today.

The other potential market driver is the FOMC meeting minutes from Jan. 31 and Feb. 1 that will be released at 2:00 p.m. Investors are looking for hints as to when the next rate hike will occur. Currently, World Interest Rate Probability data has a 38% chance of the hike happening in May.

Here are three top stocks to watch today…

Top Stocks to Watch Today: Terex Corp. (NYSE: TEX)

Terex stock is down 0.6% in early morning trading after reporting large losses.

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The company reported earnings per share (EPS) of -$2.96 for the quarter. Last year for the same quarter Terex reported EPS of $0.22.

Full-year EPS for 2016 was -$1.79. The company posted EPS of $1.17 for 2015.

TEX stock is currently trading at $32.13 for a gain of 2% year to date (YTD).

Top Stocks to Watch Today: Mobileye NV (NYSE: MBLY)

Mobileye stock is up 3% in early morning trading after posting a better than expected earnings report.

The company posted EPS of $0.14 compared to $0.08 for the same quarter the year prior. The adjusted EPS was $0.22, while analysts had expected $0.20 EPS.

Revenue for Mobileye is up 45.6% due to strong demand for autonomous vehicle technology.

MBLY stock is currently trading at $46.12 for a gain of 21% YTD.

Top Stocks to Watch Today: Toll Brothers Inc. (NYSE: TOL)

Toll Brothers stock is up 5% in early morning trading despite a disappointing earnings report.

The company announced a 3.8% drop in quarterly profits largely due to lower average selling prices for its luxury homes.

Revenue dropped from $928.57 million last quarter to $920.73 million this quarter.

However, there were two bright spots for investors. The first is the company had a 14% increase in new contracts for 2017.

The second is it will start paying a dividend for the first time. The dividend will be $0.08 and will be paid out on April 28.

TOL stock is currently trading at $31.99 for a gain of 3% YTD.

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Top Stocks to Watch Today (Feb. 21, 2017): HD, YHOO, WMT

Home Depot StockThe top stocks to watch today (Tuesday) include Home Depot Inc. (NYSE: HD), Yahoo! Inc. (Nasdaq: YHOO), and Wal-Mart Stores Inc. (NYSE: WMT).

There is only one U.S. economic report being released today and it is the Markit manufacturing and services report.

However, earnings are going to influence the market's moves today. There are more than 60 companies releasing earnings reports today.

Here are three top stocks to watch today…

Top Stocks to Watch Today: Home Depot Inc. (NYSE: HD)

Home Depot stock is up 2% in early morning trading today after beating analysts' earnings expectations.

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The company has beaten expected earnings every quarter over the last four years. Analysts expected Home Depot to post earnings per share (EPS) of $1.33. Last year, Home Depot posted EPS of $1.17 for the same quarter.

Home Depot posted EPS of $1.44 for the quarter. That's an increase of over 23% from last year.

HD stock is currently trading at $143.00 for a gain of 6.7% year to date (YTD).

Top Stocks to Watch Today: Yahoo! Inc. (Nasdaq: YHOO)

Yahoo stock is up 0.5% in early morning trading despite Verizon reducing its merger price.

The Verizon-Yahoo merger is expected to be announced today. It is expected that Verizon has cut its merger price of Yahoo by about $350 million.

Verizon said it would be reducing its merger price after Yahoo announced it had been hacked twice. Yahoo announced the data breach back on Dec. 14, 2016.

YHOO stock is currently trading at $45.10 for a gain of 16.6% YTD.

Top Stocks to Watch Today: Wal-Mart Stores Inc. (NYSE: WMT)

Wal-Mart stock is up 3.5% in early morning trading after releasing a positive earnings report this morning.

The company announced that its e-commerce division saw an increase of 36% over the same quarter a year ago. E-commerce sales as a whole only saw an increase of 29% for the same quarter.

Comparable store sales were up almost 2% from the same quarter a year ago, while revenue as a whole saw an increase of 1%.

Wal-Mart posted adjusted EPS of $1.30, just slightly above the $1.29 EPS analysts predicted.

WMT stock is currently $69.37, which is a gain of 0.4% YTD.

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Top Stocks to Watch Today (Feb. 17, 2017): MCO, CPB, DE

stocks to watch today

The top stocks to watch today (Friday) include credit ratings company Moody's Corp. (NYSE: MCO), Campbell Soup Co. (NYSE: CPB), and Deere & Co. (NYSE: DE).

The S&P 500 and the Nasdaq ended the seven session streak of record-high closes yesterday. The Dow on the other hand just barely managed to keep the streak alive.

Where the markets go today will largely be dictated by the earnings reports being released this morning.

Here are three top stocks to watch today…

Top Stocks to Watch Today: Moody's Corp. (NYSE: MCO)

Moody's stock is up almost 1% in early morning trading after posting a better than expected earnings report.

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The credit ratings company increased Q4 revenue by 9% over the same quarter a year ago. Revenue for the quarter was $942.1 million.

Earnings took a hit this year. Earnings per share (EPS) were -$2.22 compared to $3.31 for the same quarter a year before.

Moody's expects EPS to be in the range of $5.15 to $5.30 for fiscal year 2017.

MCO stock is currently trading at $110.22 for a gain of 17% year to date (YTD).

Top Stocks to Watch Today: Campbell Soup Co. (NYSE: CPB)

Campbell stock is down almost 1% in early morning trading after posting a disappointing earnings report this morning.

The company announced that revenue fell from $2.2 billion to $2.17 billion. Analysts were expecting revenue to be $2.22 billion.

EPS was $0.52, a drop of $0.33 from the same quarter a year earlier.

Campbell's Fresh segment is the reason for the decline in revenue and earnings. The segment is not expected to grow this year.

CPM stock is currently trading at $62.55 for a gain of 3.4% YTD.

Top Stocks to Watch Today: Deere & Co. (NYSE: DE)

Deere stock is up 3.5% in early morning trading after releasing a better than expected earnings report.

The company reported revenue of $4.7 billion. Analysts were expecting $4.67 billion in revenue for the quarter.

Earnings were lower than last year but not as low as expected. Analysts projected EPS of $0.54 while the company reported $0.61. The same quarter last year saw EPS at $0.80.

DE stock is currently trading at $109.17 for a gain of 6% YTD.

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Top Stocks to Watch Today (Feb. 16, 2017): NTAP, MGM, CAB

stocks to watch

The top stocks to watch today (Thursday) include data storage company NetApp Inc. (Nasdaq: NTAP), casino resort company MGM Resorts International (NYSE: MGM), and outdoor merchandise retailer Cabela's Inc. (NYSE: CAB).

The biggest news moving markets this week is U.S. Federal Reserve Chair Janet Yellen's address to Congress over the past two days. Yellen is confident about economic growth and warned that holding rates too low for too long would be bad for the economy.

After her testimony in Congress, the odds of a March rate hike went from 17.7% to 31%. If the U.S. economic reports due out today show continued growth, the odds of a rate hike are likely to increase.

The U.S. economic reports that are being released today include housing starts, building permits, initial jobless, and Philly Fed claims.

Here are three top stocks to watch today…

Top Stocks to Watch Today: NetApp Inc. (Nasdaq: NTAP)

NetApp stock is up 6% in early morning trading after releasing a better than expected earnings report and an increased outlook for the current quarter.

Urgent: These Are the Best Stocks to Buy for 2017

The data storage company announced earnings per share (EPS) of $0.82, which is up from $0.70 for the same quarter last year. Analysts had estimated EPS at $0.74 for the quarter.

NetApp forecast for the current quarter is $0.79 to $0.84 EPS. Last year the company posted EPS of $0.55 for the same quarter.

NTAP stock is currently trading at $38.93 for a gain of 10% year to date (YTD).

Top Stocks to Watch Today: MGM Resorts International (NYSE: MGM)

MGM stock is down 5% in early morning trading as investors prepare for its earnings report.

There is typically a large volume of trading for MGM the day it announces earnings. Today is no different. It has already seen a trading volume of over 600,000 before the markets opened.

Analysts predict the company will post EPS of $0.20. That is down 65% from last quarter's EPS of $0.58.

Despite the prediction being below last quarter's earnings, there is still a chance the stock will rebound today. MGM beat analysts' predictions in each of the last three quarters. Last quarter the company beat EPS predictions by over 400%.

MGM stock is currently trading at $29.60 for a gain of almost 3% YTD.

Top Stocks to Watch Today: Cabela's Inc. (NYSE: CAB)

Cabela's stock is down 6% in early morning trading after a disappointing earnings report.

The company announced revenue declined almost 5% compared to the same quarter a year ago. The decline is mostly driven by a decrease in store sales. The company saw an over 6% decline in sales at its retail stores.

Cabela's reported an EPS of $1.05, which is down from $1.26 for the same quarter a year ago.

CAB stock is currently trading at $48.54 for a decrease of 17% YTD.

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