Stocks

Johnson Controls and Oracle Lead Stocks to Watch as Market Trends Higher

Published December 13, 2023

As U.S. stock futures point upward on Tuesday morning, investors are turning their attention to several key stocks that may impact market focus. Johnson Controls International plc JCI, known for its fire, HVAC, and security equipment for buildings, is anticipated to report a quarterly earnings of $1.09 per share with a revenue forecast of $7.09 billion prior to market opening. The Irish-domiciled conglomerate, which operates out of Cork, Ireland, is closely monitored by investors for signs of growth in the building equipment sector.

Noteworthy Stocks Drawing Attention

Technology giant Oracle Corporation ORCL is also at the forefront, with investors keen on the performance of the Austin, Texas headquartered company. Oracle has established a significant presence in the software industry with its database technologies, enterprise software products, and cloud systems. Their financials are a barometer for the tech sector, especially with their recent shift from California to Texas.

Spotlight on Specialty Vehicle and Healthcare Sectors

Blue Bird Corporation BLBD, with its headquarters in Macon, Georgia, is yet another stock to watch. As a company that manufactures school buses and associated parts, it has a substantial domestic and international market share. Their performance can reflect wider economic trends, particularly in U.S. manufacturing and education sectors.

Meanwhile, Champions Oncology, Inc. CSBR, operating from Hackensack, New Jersey, presents a different angle for investors. This company focuses on developing technology products for personalizing cancer drug development and is an indicator of the innovation and growth within the biotechnology and healthcare industry.

Lucid Group Incorporated as Potential Market Mover

Additionally, attention is being drawn to Lucid Group Incorporated LCID, which represents the electric vehicle sector that has been gaining momentum among environmentally-conscious investors and consumers. Market reactions to LCID's activities are often seen as a read on the vitality of green technology investments.

JCI, ORCL, BLBD, CSBR, LCID