Netflix, AT&T, Snap, Chipotle, Twitter, and Other Stocks for Investors to Watch This Week

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Second-quarter net play picks up this week, arsenic 76 S&P 500 companies are scheduled to report. IBM and  J.B. Hunt Transport Services volition beryllium Monday’s highlights, followed by Netflix, Chipotle Mexican Grill, Halliburton, Intuitive Surgical, and United Airlines Holdings connected Tuesday.

Wednesday volition beryllium busy, with SAP, Coca-Cola, Johnson & Johnson, Texas Instruments, and Verizon Communications each releasing results. AT&T, Twitter, Biogen, Snap, American Airlines Group, Intel, and Southwest Airlines spell adjacent connected Thursday, earlier American Express, Honeywell International, and Schlumberger adjacent the week connected Friday.

The economical calendar this week volition bring plentifulness of information connected the authorities of the U.S. lodging market. On Monday, the National Association of Home Builders releases its NAHB/ Wells Fargo Housing Market Index for July, followed by the Census Bureau’s caller residential operation information for June connected Tuesday. Then, connected Thursday, the National Association of Realtors reports existing-home income for June. Economists connected mean expect a inactive robust lodging market, but 1 that’s little explosively increasing than earlier this year.

Monday 7/19

IBM, J.B. Hunt Transport Services, PPG Industries, Prologis, Tractor Supply, and Zions Bancorp study quarterly results.

L Brands holds a league telephone to sermon the spinoff of its Victoria’s Secret brand. The caller company, to beryllium called Victoria’s Secret, is expected to commercialized nether the ticker VSCO connected the New York Stock Exchange successful aboriginal August. The remaining institution volition beryllium renamed Bath & Body Works, and besides person a caller banal symbol, BBWI.

The National Association of Home Builders releases its NAHB/Wells Fargo Housing Market Index for July. Consensus estimation is for an 82 reading, somewhat higher than the June data. Home builders stay rather bullish connected the lodging market, but the June fig was the lowest since August 2020, amid rising materials prices and supply-chain shortages.

Tuesday 7/20

Chipotle Mexican Grill, Citizens Financial Group, Halliburton, HCA Healthcare, Intuitive Surgical, KeyCorp, Netflix, Philip Morris International, Synchrony Financial, Travelers, and United Airlines Holdings denote earnings.

The Census Bureau reports caller residential operation information for June. Economists forecast a seasonally adjusted yearly complaint of 1.6 cardinal lodging starts, somewhat much than the June figure.

Wednesday 7/21

Anthem, ASML Holding, Baker Hughes, Coca-Cola, Crown Castle International, CSX, Johnson & Johnson, Nasdaq, Northern Trust, Novartis, SAP, Seagate Technology Holdings, Texas Instruments, and Verizon Communications merchandise quarterly results.

Thursday 7/22

The NAR reports existing-home income for June. Economists forecast a seasonally adjusted yearly complaint of 5.8 million, matching the May figure. Existing-home income person declined for 4 consecutive months.

Abbott Laboratories, American Airlines Group, AT&T, Biogen, Capital One Financial, D.R. Horton, Danaher, Intel, Marsh & McLennan, Newmont, Nucor, Snap, Southwest Airlines, Twitter, and Union Pacific clasp league calls to sermon earnings.

The Conference Board releases its Leading Economic Index for June. Consensus estimation is for a 1.1% month-over-month increase, aft a 1.3% emergence successful May. The LEI has present surpassed its erstwhile highest from January 2020.

The European Central Bank announces its monetary-policy decision. The cardinal slope is wide expected to support its cardinal short-term involvement complaint unchanged astatine antagonistic 0.5%. The ECB precocious changed its ostentation extremity to 2% implicit the mean word alternatively of targeting ostentation of adjacent to, but below, 2%.

Friday 7/23

American Express, Honeywell International, Kimberly-Clark, NextEra Energy, and Schlumberger study quarterly results.

Write to Nicholas Jasinski astatine nicholas.jasinski@barrons.com

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