4 Stocks to Watch on Wednesday: DLTR, HPE, and More

Breaking News

Investors should keep an eye on these four stocks on Wednesday, August 24, 2023, as they are expected to make significant moves.

Stocks to Watch

• DLTR (Dollar Tree): The discount retailer is scheduled to report its second-quarter earnings, and analysts are expecting a strong performance.
• HPE (Hewlett Packard Enterprise): The tech giant is expected to announce a major partnership with Microsoft.
• TSCO (Tractor Supply Co.): The farm and ranch retailer is set to release its quarterly results, and investors are hoping for a positive surprise.
• ETSY (Etsy): The online marketplace for handmade and vintage goods is expected to report strong growth in its latest earnings report.

Why These Stocks?

These stocks are all expected to make big moves on Wednesday for the following reasons:

• DLTR: The company has been benefiting from strong consumer demand, and its earnings are expected to reflect this.
• HPE: The partnership with Microsoft is expected to boost HPE's cloud computing business.
• TSCO: The company is benefiting from the strong demand for farm and ranch supplies.
• ETSY: The company has been growing rapidly, and its earnings are expected to continue to reflect this growth.

What to Watch For

Investors should watch for the following key metrics when these companies report their earnings:

• DLTR: Revenue, earnings per share, and same-store sales.
• HPE: Revenue, earnings per share, and cloud computing revenue.
• TSCO: Revenue, earnings per share, and comparable store sales.
• ETSY: Revenue, earnings per share, and gross merchandise value.

Disclaimer

This article is for informational purposes only and should not be considered investment advice. Please consult with a financial advisor before making any investment decisions.