Stocks to watch: Spotlight on Nvidia, Walmart, Intel and Fedspeak

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Investors will tackle huge wildcards on interest rates and Ukraine, even as big earnings reports from companies like Walmart (NYSE: WMT)Nvidia (NASDAQ: NVDA) and ViacomCBS (NASDAQ:VIAC) to pay. Next week’s economic calendar includes updates on producer prices, retail sales, housing starts and existing home sales. Fedspeak will once again be front and center with Chicago Federal Reserve Chairman Charles Evans, New York Federal Reserve Chairman John Williams, St. Louis Federal Reserve Chairman James Bullard, and Cleveland Federal Reserve Chair Loretta Mester, all of whom will deliver speeches. The FOMC minutes are also due out on February 16.


Earnings Spotlight: Monday, February 14 TreeHouse Foods (NYSE:THS)Advanced auto parts (NYSE: AAP)Budget Reviews (NASDAQ:CAR) and Arista networks (NYSE:ANET).

Earnings Spotlight: Tuesday, February 15 Marriott International (NASDAQ:MAR)ViacomCBS (VIAC), Airbnb (NASDAQ: ABNB)Akamai Technologies Inc. (NASDAQ:AKAM)Wynn Resorts (NASDAQ:WYNN) and Roblox (NYSE:RBLX).

Earnings Spotlight: Wednesday, February 16 Kraft-Heinz (NASDAQ: KHC)Analog devices (NASDAQ:ADI)Shopify (NYSE: SHOP)Energy transfer (NYSE:ET)Cisco (NASDAQ: CSCO)Nvidia (NVDA), Applied Materials (NASDAQ: AMAT)Matterport (NASDAQ: MTTR) and Door Dash (NYSE: dash).

Earnings Spotlight: Thursday, February 17 Walmart (WMT), Auto Nation (NYSE:AN)Roku (NASDAQ: ROKU)Shake Shack (NYSE: SHAK),

Earnings Spotlight: Friday, February 18 Deere (NYSE:DE).

IPO and SPAC monitoring: No IPO is expected to start trading next week. End of analyst silence period for NSTS Bancorp(NASDAQ: NSTS) February 14th. IPO lock-up periods expire on Crescent Capital (NASDAQ: CCAP) February 14, Iris Energy (NASDAQ: IREN) February 15, Newlake Capital Partners (OTCQX: NLCP)sweetgreen (NYSE:SG) and user testing (NYSE:USER) February 16 and CYNGN (NASDAQ:CYN) February 17. IPO blocks only apply to certain blocks of shares. On the SPAC calendar, shareholder votes are set for Roth CH Acquisition III Co. (NASDAQ: ROCR) agreement to take QualTek public, Astrea Acquisition Corp (NASDAQ: ASAX) agreement to publicize HotelPlanner and Reservations.com, as well as Healthcare Capital Corp. (NASDAQ: HCCC) consent to publicize Alpha Tau Medical.

Projected dividend increases: Companies planning to increase their quarterly dividend payouts include Foot Locker (NYSE:FL) to $0.38 from $0.30, Bruker Corporation (NASDAQ: BRKR) at $0.05 from $0.04, Kinsale Capital (NYSE: KNSL) to $0.13 from $0.11, Humana (NYSE:HUM) to $0.78 from $0.70, Louisiana-Pacific (NYSE:LPX) at $0.20 from $0.18, Analog Devices (ADI) at $0.76 from $0.69 and Garmin (NYSE: GRMN) to $0.72 from $0.67.

Nvidia revenue overview: Nvidia (NVDA) will release its results on February 16 and is expected to discuss the impact of ending its pursuit of Arm Ltd acquisition during the conference call. Analysts believe the company’s data center growth will be one of the key takeaways from the report, with consensus calling for a 68% year-over-year gain to $3.2 billion. Bank of America thinks supply remains main constraint for Nvidia, but points to positive updates from AMD (NASDAQ:AMD)Taiwan Semiconductor Manufacturing Company (NYSE:TSM) and its own controls over Steam/cloud gaming portal capex trends. Also look for comments from Nvidia management on a downturn in the crypto industry and more details on the software’s benefits with the Omniverse platform. The conference call will be closely watched to see if there are any hints of new mergers and acquisitions. Nvidia closed Friday about 30% below its 52-week high.

3M Spotlight: 3M Company (NYSE: MMM) is due to hold a strategy update event on February 14. The company plans to discuss how its core strengths are leveraged across businesses to create value, as well as updates on strategic priorities, growth trends, capital allocation priorities and sustainability . The company will also provide its financial outlook for 2022 and host a Q&A session. Deutsche Bank sees the event sparking interest in 3M shares with the likelihood of discussing a medium-term financial framework as well as its longer-term strategic priorities. Shares of 3M rose more than 10% in the six weeks following a similar event.

Walmart Revenue Snapshot Walmart (WMT) is set to report results on February 17, with analysts expecting the retail giant to generate $150 billion in revenue, 5% comparable sales growth and EPS of $1.48. Walmart should have posted a strong holiday quarter and reported market share gains in some key categories. The conference call could see executives highlight some of the new revenue streams for Walmart, delve into the implications of food inflation and discuss the impact of overshooting stimulus quarters.

Corporate events: Metaplatforms (NASDAQ:FB) will hold a general employee meeting on February 15 during which a major announcement is expected on how the company plans to achieve its vision of the metaverse. Intel (NASDAQ: INTC) will be watched closely with CEO Pat Gelsinger and other executives due to discuss the company’s business strategy on February 17. Nu Skin Enterprises (NYSE: NUS) is expected to provide financial advice during its Investor Day on February 16. Mattel (NASDAQ: MAT) will hold its Investor Day on February 18. Check out some of the other events scheduled for next week that could lead to stock price movements in Seeking Alpha’s Catalyst Watch.

Leisure games: Citi explained how investors should view the entertainment sector with five important themes highlighted. Advice to investors is to consider the sustainability of the external push, late reopening games/pent up demand, unprecedented pricing power, supply chain constraints/product availability and labor shortages/availability. The stocks that Citi says pass the test are Polaris’ best (NYSE:PII)Six Entertainment Flags (NYSE: SIX) as a turnaround story meets an underrated reopening game, Royal Caribbean (NYSE:RCL) as the best operator in the hardest hit sector, Brunswick Corp (NYSE: British Columbia) with its distinctive long-term transformative plan, Winnebago (NYSE: WGO) as the best game in the secular growth VR industry and Cedar Fair (NYSE: FUN) for its combination of pricing power, pent-up demand and improved balance sheet.

Information on mergers and acquisitions: The M&A calendar is marked by the closing of the Xilinx (NASDAQ: XLNX)-AMD agreement (AMD) on February 14. Also on the agenda is the expiring takeover bid on Oracle (NYSE: ORCL)-Find out (NASDAQ: CERN) agreement and a UK court hearing involving Ortho Clinical Diagnostics Holdings (NASDAQ:OCDX)-Quidel (NASDAQ: QDEL) merger on February 15. Shareholders with Monmouth Real Estate Investment (NYSE: MNR) vote on the Industrial Logistics Properties Trust (NASDAQ: ILPT) agreement on February 17.

Annual meetings: Companies with annual meetings scheduled for next week include Plexus Corp. (NASDAQ:PLXS)English markets (NASDAQ:IMKTA) and model N (NYSE: MODN).

Mentions of Barron: The annual list of the best sustainable companies includes Intel (INTC), Clorox (NYSE: CLX)Ecolab (NYSE:ECL)best buy (NYSE:BBY) and HPV (NYSE: PVH) on top. This is a distinction that is becoming increasingly important in the context of ESG investing. The sports betting backdrop is dissected by the Super Bowl pre-post. The total addressable market for sports betting and iGaming is now expected to reach $20.6 billion by 2025. DraftKings (NASDAQ:DKNG)MGM Resorts International (NYSE: MGM)Flutter Entertainment (OTCPK: PDYPY) FanDuel and Caesars Entertainment (NASDAQ:CZR) are noted to have around 80% market share between them, with Penn National Gaming (NASDAQ: PENN) via Barstool Sports and Bally’s (NYSE: BALY) are also looking to break through. A dormant pick in the industry would be Boyd Gaming (NYSE: BYD)who owns a 5% stake in FanDuel that could be worth more than $500 million.

Sources: EDGAR, Bloomberg, CNBC, Reuters, Renaissance Capital