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Stocks To Watch: Investors Eye 2018 Picks

By SA Stocks To Watch :

Welcome to the first edition of Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn on the e-mail alert on to receive this article in your inbox every Saturday morning.

Coming off a busy period of tax reform and spending bill action in D.C., the table is set for investors to sort out their 2018 stock picks. While it's a slow week ahead for earnings, expect guidance updates from some major players. There's also a comeback in the tech sector and a little phenomenon called Bitcoin to factor in.

Expected IPO filings: Adial Pharmaceutical ( ADIL ), Casa Systems ( CASA ) and Burger King Brasil on Dec. 14; Newmark Group ( NMRK ) on Dec. 15.

Star Wars: The timing for Disney's ( DIS ) The Last Jedi opening on Dec. 15 is promising amid the consumer spending bounce and with the MoviePass ( HMNY ) model generating interest with millennials. Numbers to watch include the early box office forecast for a +$200M opening weekend and the $248M mark delivered by The Force Awakens in 2015. Theater chains AMC Entertainment (AMC), Cinemark (CNK), Regal Entertainment (RGC), Marcus Corporation (MCS) and IMAX (IMAX) aim for a strong buzz factor into the weekend, while Hasbro (HAS) eyes a Star Wars toys boom.

Bitcoin watch: Looking for Bitcoin exposure without having to deal with tokens, mining and eye-popping volatility? Fundstrat says potential Bitcoin/Blockchain equity plays include Bitcoin Investment Trust (GBTC), MGT Capital Investments (MGTI), HIVE Blockchain Technologies (PRELF), U.S. Global Investors (GROW), DigitalX (DGGXF), Nvidia (NVDA), AMD (AMD), CME Group (CME), CBOE Holdings (CBOE), Overstock.com (OSTK), Goldman Sachs (GS) and Square (SQ).

Notable earnings reports: Salesforce.com on Dec. 11; Casey's General Stores (CASY), VeriFone (PAY) on Dec. 12; ABM Industries (ABM) and Nordson (NDSN) on Dec. 13; Costco (COST), Oracle (ORCL), Jabil (JBL) and Adobe (ADBE) on Dec. 14. See Seeking Alpha's Earnings Calendar for more .

Quiet period expirations: Retail upstart Stitch Fix (SFIX) is up over 50% since its IPO into the quiet period expiration on Dec. 12. Other names to watch include SendGrid (SEND) and Arsanis (ASNS) on Dec. 11, along with Bluegreen Vacations (BXG), SailPoint Technologies (SAIL) and Level Brands (LEVB) on Dec. 12.

IPO/secondary share lockup period expirations: Athenex (ATNX) and Micron Technology (MU) on Dec. 11; Portola Pharmaceuticals (PTLA) and Adomani (ADOM) on Dec. 12; Boston Omaha (BOMN), Interspace Diagnostics (IDXG), Curis (CRIS) and Workhorse (WKHS) on Dec. 13; Acushnet (GOLF) on Dec. 14; Genpact (G) on Dec. 15.

Annual meetings: The headliner of the week is Deckers Outdoor (DECK) on Dec. 14 amid the heated proxy fight between the retailer and Marcato Capital. 1-800-Flowers.com (FLWS) and Cisco (CSCO) on Dec. 11, as well as United Natural Foods (UNFI) on Dec. 13 are also on the calendar.

Analyst/investor meetings: Arthur J. Gallagher (AJG) on Dec. 12; TE Connectivity (TEL), Lending Tree (TREE) and Jones Lang Lasalle (JLL) on Dec. 13.

Business update/Guidance calls: American Water Works (AWK), Glencore ([[GLCNF]], [[GLNCY]]) and Principal Financial (PFG) on Dec. 12; Charles Schwab (SCHW) on Dec. 13; Axalta Coating Systems (AXTA) and Prudential (PRU) on Dec. 14; MetLife (MET) on Dec. 15.

M&A watch: Deals are heating up in a number of sectors. The deadline for bids on Unilever's ([[UN]], [[UL]]) spreads business is Monday, while an Apollo Global acquisition of Qdoba (JACK) is said to be imminent. Disney ( DIS ) and Twenty-First Century Fox ([[FOX]], [[FOXA]]) are a step closer to striking an asset deal which could include Hulu.

FCC watch : The commission will vote on repealing current net neutrality rules during a scheduled meeting. The usual media suspects such as Netflix (NFLX), Sprint (S), AT&T (T), Dish Network (DISH) and Comcast (CMCSA) are likely to weigh in on the consequences of the vote.

Credit card delinquency reports : American Express (AXP), Bank of America (BAC), Citigroup (C), Capital One (COF), Discover Financial (DFS), JPMorgan (JPM) and Synchrony Financial (SYF) are all due to post credit card chargeoff data on Dec. 15.

Cowen Networking & Cybersecurity Summit : Presenters at the gathering from Dec. 12-13 include execs from Arista Networks (ANET), MACOM Technology (MTSI), NeoPhotonics (NPTN), Check Point Software (CHKP), Cisco (CSCO) and Quatenna Communications (QTNA).

Barron's mentions: The publication cuts right to the chase to name its top picks for 2018. Alphabet ([[GOOG]], [[GOOGL]]), Delta Air Lines (DAL), Berkshire Hathaway ([[BRK.A]], [[BRK.B]]), Volkswagen (VLKAY), Pioneer Natural Resources (PXD), Applied Materials (AMAT), Enterprise Products Partners (EPD), Ally Financial (ALLY), Anthem (ANTM) and US Foods Holding (USFD) all make the list. There's a less optimistic view on the off-price retail sector expressed, with Ross Stores (ROST) and TJX Companies (TJX) seen at risk for share price falls.

Sources: EDGAR, Bloomberg, Nasdaq.com, CNBC

See also Vera Bradley: The Short Goes Back On After A Silly Post-Earnings Rally on seekingalpha.com

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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