Top 5 Stocks to Watch: Visa, PayPal, and More for Tuesday
As the U.S. stock futures trade slightly lower, several companies are poised to capture investor attention this Tuesday. Key players in the financial markets include United Parcel Service Inc., Waste Management Inc., Visa Inc., Nucor Corp., and PayPal Holdings Inc.
Key Stocks to Watch
- United Parcel Service Inc. (NYSE: UPS)
- Waste Management Inc. (NYSE: WM)
- Visa Inc. (NYSE: V)
- Nucor Corp. (NYSE: NUE)
- PayPal Holdings Inc. (NASDAQ: PYPL)
United Parcel Service Inc. (UPS)
UPS is expected to report quarterly earnings of $1.31 per share, with anticipated revenue of $20.83 billion. Following positive after-hours trading, shares increased by 0.7% to $89.80.
Waste Management Inc. (WM)
Waste Management reported disappointing third-quarter results after the market closed on Monday. Shares fell by 3.4% to $206.50 after posting weaker-than-expected earnings.
Visa Inc. (V)
Visa is set to release its earnings report today, with estimates predicting quarterly earnings of $2.97 per share and revenue of $10.61 billion. In after-hours trading, Visa shares rose by 0.3% to $348.80.
Nucor Corp. (NUE)
Nucor exceeded analysts’ expectations with quarterly earnings of $2.63 per share, surpassing the $2.25 estimate. Revenue reached $8.52 billion, above the $8.15 billion consensus forecast. However, Nucor expects fourth-quarter earnings to decline, causing shares to slip by 0.6% to $143.24 in after-hours trading.
PayPal Holdings Inc. (PYPL)
PayPal is projected to announce quarterly earnings of $1.20 per share and revenue of $8.23 billion before the market opens. Shares gained traction with a 1.3% increase to $71.15 after hours.
Investors should keep an eye on these companies as they unveil their quarterly earnings, which could impact market trends significantly.
