Leigh Drogen
July 21, 2016
Leigh Drogen @ Estimize
Founder and CEO at Estimize, former Quant Hedge Fund Manager

Two Stocks to Watch Before the Market Opens Tomorrow

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GM : The automobile recovery is in full force and has helped propel key financial metrics: revenue growth, EPS growth and net income. Shares currently trade at an attractive valuation, close to Tesla despite expecting to do 25x more in revenue. GM’s investment in Lyft comes with the end goal of one day delivering self-driving cars. Until then car sales domestically and internationally continue to outpace the industry average.

LUV : Budget airlines have been successful lately as big airliners struggle with weak PRASM, currency headwinds and macroeconomic headwinds. Many of their cheaper alternatives have succeeded at only offering domestic flight to avoid those problems. Airline reports this season have been a mixed bag, with DAL seriously disappointing and UAL surprising to the upside on both earnings and revenues.

How do you think these names will report? Be included in the Estimize consensus by contributing your estimates here !

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