The next few weeks will have a lot of exciting stock picks, so here are some of the stocks to keep an eye on.
Gamestop stocks prediction: The popular online shopping website is forecasting that it will outperform its peers in the second quarter, according to analysts at Credit Suisse.
The company’s stock rose 2.4% to $3.98 on Thursday.
Gamestop, based in Los Angeles, Calif., is based in New York and is known for its convenience and loyalty programs.
It’s also known for partnering with Disney, a company that owns several of its brands.
It’s the No. 3 overall player in online retail.
Credit Suisse analysts believe Gamesto will outperface the S&P 500 index over the next six months, when it will be expected to gain 8.6%.
This would give it a market cap of $15.6 billion.
Gamesteins earnings were revised lower by 1% Thursday to $1.06 per share, from $1,206 per share.
This is a slight increase from $922 per share the company earned in the same quarter last year.
Gamiestop’s revenue rose 0.4%, from $5.5 billion to $6.9 billion.
The stock’s profit margin was 0.7%, from 6.7%.
The company says it will add an additional 500,000 full-time positions during the quarter, bringing the total full- and part-time jobs it has to more than 1 million.
The net effect is expected to result in an annualized growth rate of 6% over the past 12 months.
Gamstop stock forecast: Apple, the world’s most popular smartphone maker, has been the best performing company this year, according a report from S&p Global Market Intelligence.
The firm’s stock gained 4.3% to trade at $215.50 on Thursday, but it is down 2.9% year to date.
Apple has been struggling with a slowing iPhone sales and falling smartphone prices.
Its stock has been surging this year and is expected by analysts to rebound this year.
Its stock rose 3.4%.
Apple said its iPhone 7 will launch in April, but analysts said that will depend on the quality of the new iPhone 6s and 6s Plus.
They are expecting a mid-range model with a camera, faster processor and an edge-to-edge display.
Apple stock is down about 1% this year on a year-to the-date basis.