CNBC's Stock Pops & Drops
On CNBC's Stock Pops & Drops, Dan Nathan commented on a 2.46 percent move lower in Cliffs Natural Resources Inc (NYSE: CLF). For investors who are interested in buying a distressed name like , Nathan recommends a purchase of call options.
Guy Adami said that Symantec Corporation (NASDAQ: SYMC) fell 5.65 percent on the news that there is not much interest in Veritas. He likes the stock, but he likes Palo Alto Networks Inc (NYSE: PANW) better.
Pete Najarian explained that Fossil Group Inc (NASDAQ: FOSL) fell 4.07 percent after KeyBanc lowered its earnings expectations for the company. Najarian believes that the stock is probably going lower because of the Apple Watch.
Brian Kelly is not a buyer of Barnes & Noble, Inc. (NYSE: BKS) despite the 6.46 percent move higher on Monday.
Stocks You Should Be Watching Today
Some of the stocks that may grab investor focus today are:
Wall Street expects JPMorgan Chase & Co. (NYSE: JPM) to report its Q1 earnings at $1.40 per share on revenue of $24.50 billion. JPMorgan shares gained 0.13% to $62.15 in after-hours trading.
Analysts are expecting Johnson & Johnson (NYSE: JNJ) to have earned $1.54 per share on revenue of $17.31 billion in the first quarter. Johnson & Johnson shares rose 0.71% to $101.26 in after-hours trading.
Norfolk Southern Corp. (NYSE: NSC) issued a weak outlook for the first quarter. Norfolk Southern shares dipped 5.52% to $99.08 in the after-hours trading session.
Analysts expect Wells Fargo & Company (NYSE: WFC) to report its Q1 earnings at $0.98 per share on revenue of $21.24 billion. Wells Fargo shares gained 0.04% to $54.61 in after-hours trading.
Best Buy Co., Inc. (NYSE: BBY) announced the retirement of its chairman of the board, Hatim Tyabji. The company appointed current CEO Hubert Joly as chairman. Best Buy shares declined 0.62% to close at $38.34 yesterday.
CSX Corp. (NYSE: CSX) is estimated to post its Q1 earnings at $0.44 per share on revenue of $3.02 billion. CSX shares tumbled 2.93% to $32.11 in the after-hours trading session.
Analysts expect Intel Corporation (NASDAQ: INTC) to post its Q1 earnings at $0.41 per share on revenue of $12.90 billion. Intel shares rose 0.06% to $31.75 in after-hours trading.