The Week Ahead: Banks, Netflix Kick Off Earnings Season
We'll see reports from General Electric, Johnson & Johnson, and IBM. Plus, retail sales, industrial production, and housing starts.
Jeremy Glaser: Earnings season moves into full swing this week. We'll get more results from large banks and asset managers including Bank of America, BlackRock, Goldman Sachs, and Morgan Stanley.
Analyst Neil Macker sees Netflix as significantly overvalued ahead of its earnings release. The firm had a good start to the year with strong subscriber growth, but over time Macker thinks the streamer will face more competition and be forced to spend lavishly to create compelling content.
Jeremy Glaser has a position in the following securities mentioned above: MSFT. Find out about Morningstar’s editorial policies.