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May 26, 2020, 10:25 a.m. EDT

8 Stocks to Look out for This Week

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May 26, 2020 (IAM Newswire via COMTEX) -- Last week, we saw yet another glimpse of optimism with investors hoping economy will kick into higher gear as the COVID-19 threat fades. Despite still being down this year, at least both the Dow Jones Industrial Average and the S&P 500 rose over 3%. As the market embraces the hope for an economic rebound, several companies will show if these hopes are justified.

Workday

Workday /zigman2/quotes/201157610/composite WDAY -0.57% a software company whose offerings are used by 40% of the Fortune 500 and 50% of the Fortune 100 companies. Being an established in human capital management, this dominant-cloud based company is expected to benefit with many companies needing aid to recover from the pandemic.

Dollar General

Dollar General /zigman2/quotes/200691429/composite DG -1.92% , The company has certainly benefited from consumers stock piling but increase in sales is likely to come at increased costs and some gross margin mix pressure, but the company's supply chain as well as in-store efficiency should limit the span of these costs.

Salesforce.com

On Thursday, we will get a glimpse into a new reality of e-commerce through Salesforce.com /zigman2/quotes/200515854/composite CRM +0.05% , as besides reporting earnings the company has launched Quick Start Commerce Solutions to help businesses get set up online as quickly as possible.

Costco Wholesale

Retailing giant Costco Wholesale /zigman2/quotes/201191698/composite COST -2.13% has outperformed the recent market slump due to its persistently strong operating trends. Surging sales led to comparable core sales jumping 11% in the US in April, with 88% in the online sales channel.

Ulta Beauty

The beauty Ulta Beauty /zigman2/quotes/210513442/composite ULTA +2.32% troubles were only emphasized with the pandemic due to core makeup segment shrinking for several quarters with the demand slump pressuring both top and bottom lines so details of the restart plan to get the company back on track by 2021 is eagerly awaited on Thursday.

VMWare

While expecting a decline in earnings with higher for the quarter that ended in April, VMWare /zigman2/quotes/209864107/composite VMW -0.55% has shrunk the hardware requirements for its shiny new native Kubernetes on vSphere product, making it rather more affordable as the company aims to improve its standing with developers.

Canopy Growth

Although the Canadian cannabis market has evolved more slowly than expected, Canopy Growth /zigman2/quotes/200603886/composite CGC +1.45% is set to become the sector leader in the long-term.

Autodesk

With shares being pushed up, expectations for the earnings report on Wednesday for Autodesk /zigman2/quotes/209828392/composite ADSK +0.09% are high as the tech specialist is expected to have held up well through the challenging economic conditions and reduced demand in March and April.

So, there you have it- from software to retail and the cannabis revolution, this week will be full of new insights!

This article is not a press release and is contributed by Ivana Popovic who is a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full disclosure . Ivana Popovic does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors – IAM Newswire accepts pitches. If you're interested in becoming an IAM journalist contact: contributors@iamnewswire.com Questions about this release can be send to ivana@iamnewswire.com

The post 8 Stocks to Look out for This Week appeared first on IAM Newswire .

COMTEX_366139430/2618/2020-05-26T10:25:16

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/zigman2/quotes/201157610/composite
US : U.S.: Nasdaq
$ 224.15
-1.28 -0.57%
Volume: 1.03M
Dec. 3, 2020 3:46p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$54.10 billion
Rev. per Employee
$296,809
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/zigman2/quotes/200691429/composite
US : U.S.: NYSE
$ 213.36
-4.18 -1.92%
Volume: 2.35M
Dec. 3, 2020 3:46p
P/E Ratio
23.32
Dividend Yield
0.67%
Market Cap
$54.17 billion
Rev. per Employee
$194,084
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/zigman2/quotes/200515854/composite
US : U.S.: NYSE
$ 220.90
+0.12 +0.05%
Volume: 18.13M
Dec. 3, 2020 3:46p
P/E Ratio
57.96
Dividend Yield
N/A
Market Cap
$202.09 billion
Rev. per Employee
$348,939
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/zigman2/quotes/201191698/composite
US : U.S.: Nasdaq
$ 375.32
-8.18 -2.13%
Volume: 2.95M
Dec. 3, 2020 3:46p
P/E Ratio
41.72
Dividend Yield
0.74%
Market Cap
$169.21 billion
Rev. per Employee
$610,846
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/zigman2/quotes/210513442/composite
US : U.S.: Nasdaq
$ 288.53
+6.53 +2.32%
Volume: 1.20M
Dec. 3, 2020 3:46p
P/E Ratio
59.82
Dividend Yield
N/A
Market Cap
$15.88 billion
Rev. per Employee
$193,562
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/zigman2/quotes/209864107/composite
US : U.S.: NYSE
$ 140.54
-0.78 -0.55%
Volume: 1.16M
Dec. 3, 2020 3:46p
P/E Ratio
37.51
Dividend Yield
N/A
Market Cap
$59.43 billion
Rev. per Employee
$348,742
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/zigman2/quotes/200603886/composite
US : U.S.: Nasdaq
$ 28.59
+0.41 +1.45%
Volume: 3.63M
Dec. 3, 2020 3:46p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$10.47 billion
Rev. per Employee
$115,039
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/zigman2/quotes/209828392/composite
US : U.S.: Nasdaq
$ 277.31
+0.25 +0.09%
Volume: 1.15M
Dec. 3, 2020 3:46p
P/E Ratio
144.52
Dividend Yield
N/A
Market Cap
$60.75 billion
Rev. per Employee
$322,446
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