Stocks

Key Stocks to Keep an Eye on As Markets Open Today

Published June 20, 2024

Investors are observing a mixed sentiment in the U.S. stock futures as the market opens on Thursday. Today's focus is likely to be on several noteworthy companies as they make headlines either due to earnings reports or other crucial business updates. Among these are technology and service giants as well as key players in the home construction, restaurant, and manufacturing industries.

Earnings Spotlight on Darden Restaurants

Darden Restaurants, Inc. DRI, a powerhouse in the multi-brand dining sector, is anticipated to publish earnings before market opening. Wall Street analysts have set expectations for the company to report earnings of $2.62 per share alongside revenue forecasts of $2.98 billion.

Hewlett Packard Enterprise in the Tech Focus

HPE, the Hewlett Packard Enterprise Company, stands out as a leading multinational enterprise IT firm based in Houston, Texas. With its focus on various technology solutions, investors are keeping a close watch on its performance heading into Thursday.

Accenture's Influence on Consulting and Processing Services

Accenture ACN, the Dublin-headquartered consulting behemoth, is another major entity that remains under investor scrutiny this Thursday. Known for its robust range of services, the company's performance could signal broader trends in the consulting sector.

Building Interest in KB Home

KBH, the Los Angeles-based KB Home, is attracting attention as a major name in U.S. home construction. With housing market dynamics frequently influencing economic outlooks, KBH's activities are closely monitored by market participants.

Nvidia's Position in the Technology Landscape

Nvidia Corporation NVDA, headquartered in Santa Clara, California, is at the forefront of technology with its cutting-edge GPUs and SoC units. As the tech industry evolves, NVDA's developments are of prime interest to stakeholders.

Jabil's Manufacturing Solutions Command Attention

Jabil Inc. JBL, based in Saint Petersburg, Florida, provides expansive manufacturing solutions. Its global presence and services make it a significant player for investors to observe in the manufacturing sphere.

HP Inc. on the Watchlist

Investors are also eyeing HP Inc. HPQ, the Palo Alto-headquartered technology company known for its PCs and 3D printing solutions, as a potential influencer on technology stock trends.

Darden, HP_Enterprise, Accenture, KB_Home, Nvidia, Jabil, HP