3 Stocks that Could Make Huge Moves This Week

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3 Stocks That Could Make Huge Moves This Week

Transcript of 3 Stocks that Could Make Huge Moves This Week

3 Stocks That Could Make Huge Moves This Week

Pier OnePier One is a leading retailer of home furnishings. The company is expected to report earnings on Wednesday evening.

Currently, 15% of Pier One’s shares are sold short.

Pier One, like many retailers, has been hurting since the Great Recession—as more and more sales shift online.

Here’s What You Should WatchOver the Short Term• Pier One is expected to

report earnings of $0.08 per share.

• Analysts expect the company to have collected $435 million in sales.

• For the rest of the fiscal year, expectations are set for $1.9 billion in sales and earnings of $0.84 per share.

Over the Long Term• Comparable-store sales are

always important for retailers. Pier One surprised investors with 5.7% growth last quarter. See if they were able to keep that up.

• The company also announced major plans to allow leases to expire and repurchase shares. See where the company is in terms of accomplishing those goals.

Smith & WessonSmith & Wesson is one of the largest firearms and ammunitions suppliers in America.

Currently, 18% of S&W’s shares are sold short.

The gun industry in general experienced a huge surge in sales over the past few years—based on fear of future restrictions by President Obama. This created a supply glut and subsequent lower demand.

Here’s What You Should WatchOver the Short Term• S&W is expected to report

revenue of $175 million.• Earnings are expected to

come in at $0.35 per share.• For the rest of the fiscal

year, expectations are set for $602 million in revenue and earnings of $1.07 per share.

Over the Long Term• Investors need to take the long-

term view. Listen in to the conference call to see if management sees demand cooling in the coming months, and if so, what steps will be taken to lower supply.

• In the same vein, keep an eye on profit margins, which may contract in the case of over-supply.

Amira Natural FoodsAmira is a Dubai-based company that produces rice products for consumption around the world. An official release time has yet to be set, but the company is expected to announce earnings this week.

Currently, 19% of Amira’s shares are sold short.

The company has been alleged by Prescience Point Research of being a fraud—which has led to a high short interest.

Here’s What You Should WatchOver the Short Term• Analysts are expecting

Amira to report revenue of $217 million.

• They are also expecting earnings to come in at $0.49 per share.

• For the fiscal 2016 year, expectations are set for $805 million in sales with earnings of $1.81 per share.

Over the Long Term• For investors who want to gain

confidence in the company, partnerships with many U.S. retailers have been a positive sign.

• That being said, the company needs to ensure investors that:– Its India sales numbers are legit.– An estate transaction through a

related party isn’t being listed on the company’s financial statements at highly elevated prices.