Stocks are under pressure Friday, pushing the Dow Jones Industrial average back below its 50-day moving average.
The catalyst for the correction of fresh weakness in key consumer sales and inventory technology as in the first quarter of the season earnings on the rolls, confirming concerns about structural constraints to many of these famous companies that the bulls can’t easily shake off.
Here are five feeling the pressure:
The name of the action: Apple (aapl stock)
Source: Yuanbin Du Via Flickr
The company’s shares are in trading on Friday fell by 4% After analysts lowered their profit forecasts. Shares fell almost 3% on Thursday after weak reports and forecasts from Taiwan semiconductor (Ticker NYSE:TSM), citing softness in the high end of the smartphone market. We all know that iPhone’s, which they referred to as so-called “supercycle”, was not realized. 999 $ is too much to pay for many people.
The company will next report results on may 1 after the closing. Analysts are looking for earnings of $2.69 per share on revenues of 61.2 billion. When he last reported on Feb. 1, earnings from $3.89 to break the calculations at four cents on the growth 12.7% of revenues.
Name-name of the action: PepsiCo (pep)
Source: Mike Mozart via Flickr (modified)
Pepsi co (Ticker NYSE:PEP) shares are getting crushed, down nearly 3% on Friday, returning to levels not seen in the beginning of last year, in response to weak sales from rival Procter & gamble (Ticker NYSE:PG) this morning. PG reported weak sales with organic revenues amounted to only 1%.
The company will next report results on April 26 before the bell. Analysts looking for a profit of 93 cents a share on revenue of $13.4 billion When the company last reported on Feb. 13, the estimated earnings of $1.31 beat by a penny on a 0.1 percent rise in revenue.
Name-the name of the stocks: Colgate (CL)
Source: Shutterstock From
Colgate-Palmolive (US:CL) shares fell 2.7% on Friday, retreated to the February-March lows to threaten disruption in early 2017 levels. Shares of KHL as PEP, falling in sympathy to the weak results of GHG in the large-scale sales of consumer products through space.
The company will next report results on April 27 before the bell. Analysts looking for a profit of 73 cents a share on revenue of $ 4 billion. When the company last reported on Jan. 26, earnings of 75 cents per share in line with expectations for a rise of 4.6% in revenue.
Name-name of the action: Kimberly Clark (KMB)
Source: Shutterstock From
Kimberly Clark (indexKMB) shares fell 3.2% on Friday falling down to levels not seen since the end of 2015 and by 23% from their highs of mid-2017.
KMB is being dragged down as consumers staples as a whole will decline by 1.7%, leading the market lower for the second day in a row. Pressure on sentiment this morning was the story of the wall Street Journal about the inability of the consumer products companies to raise prices.
The company will next report results on April 23. Analysts looking for a profit of $1.69 per share on revenue of $4.6 billion When the company last reported on Jan. 23 revenues estimated to be $1.57 to beat for three cents on the growth of 0.8% in revenues.
Name-name of the action: Kraft Heinz (HC)
Source: Mike Mozart via Flickr
Kraft Heinz (indexof prices) shares fell 3.4% on Friday falling from a two-month consolidation range to return to levels not seen in the beginning of 2015, which represents a decrease of about 40% with a maximum value at the beginning of 2017. The shares were downgraded by analysts credit Suisse on April 16.
The company will next report results on may 2 after the close. Analysts looking for profit of 82 cents a share on revenue of $ 6.3 billion. When the company reported yesterday February 16, the profit of 90 cents a share missed estimates by five cents for a rise of 0.3% in income.
Anthony Mirhaydari is founder of the edge (etfs) and edge Pro (variants) of the investment newsletters. Free two – and four-week study of offers extended to InvestorPlace readers.