Nike, FedEx, Johnson & Johnson, Darden, and Other Stocks for Investors to Watch This Week
A handful of notable companies will release their latest results toward the end of this week.Nike,FedEx,andDarden Restaurantswill report on Thursday, followed by CarMax and Paychex on Friday. Wednesday will also feature analyst days and investor events from Johnson & Johnson, GlaxoSmithKline,and Equinix.Economic data out this week include IHS’ Manufacturing and Services Purchasing Managers’ Indexes for June on Wednesday. Both are expected to hold near their record highs. The Census Bureau will r
Elon Musk automaker reports first annual profit, though fourth-quarter earnings miss expectations.Tesla Inc -Get Report said it sees deliveries growing at least 50% in 2021, while it reported fourth-quarter earnings below estimates after the bell Thursday.Tesla didn't provide specific deliveries guidance for 2021, but said it expects 50% average annual deliveries growth "over a multi-year horizon." The company added that "In some years we may grow faster, which we expect to be the case in 2021