The Week Ahead – February 7, 2022

Investors are still dealing with the sting of last week’s shock employment rate. This week we receive news on consumer price inflation that has the potential to rattle the markets if it is believed to reset the FOMC rate hike plan.

Economist forecast a 7.3% increase in CPI, which would mark the highest rate of inflation since 1981.

On the earnings front, blue chips Pfizer, Coca-Cola and Disney will report. We will also here from Peloton Interactive, a name that has fallen on hard times.

For Peloton, the company is seeing activist pressure and being the subject of increasing M&A speculation. Apple (“AAPL”) has been floated before as a natural fit to be interested in the Peloton ecosystem as have Nike (“NKE”) and Amazon (“AMZN”). Other suggestions also have Peloton working out a deal to combine with Garmin (“GRMN”) or SoulCycle.

Another big event will be the first investor day for Uber Technologies since it went public. Investors will be focused on the long-term targets presented by management. Also look for updates on the regulatory backdrop and the upside seen with the $1T grocery market opportunity. Oppenheimer recently reiterated its Outperform rating on Uber. Shares of Uber are down 11% YTD. The read-through from Uber could impact sentiment on Lyft and DoorDash.

Monday, February 7

Tyson Foods (“TSN”), Hasbro (“HAS”), Amgen (“AMGN”), Tenet Healthcare (“THC”) and Simon Property (“SPG”).

Tuesday, February 8
BP (“BP”), Centene (“CNC”), Pfizer (“PFE”), Sysco (“SYY”), DuPont (“DD”), Yum China (“YUMC”) and Chipotle (“CMG”).

Get Weekly Updates

Sign up for our weekly newsletter for news, insights, and the latest investment details.

Wednesday, February 9
Honda Motor (“HMC”), CVS Health (“CVS”), MSG Entertainment (“MSGE”) and DraftKings (“DKNG”), PepsiCo (“PEP”), Disney (“DIS”), Uber (“UBER”) and Mattel (“MAT”).

Thursday, February 10
AstraZeneca (“AZN”), Coca-Cola (“KO”), Philip Morris International (“PM”) and Kellogg (“K”), Zillow (“ZG”) and Equitable Holdings (“EQH”).

Friday, February 11
Enbridge (“ENB”) and Under Armour (“UAA”).

IPO Watch
No IPOs are on the calendar for next week as the market stays in a quiet mode with new offerings.

Recent Mentions in Barron’s
Barron’s mentions: stable earnings, steady returns on equity and strong cash flow. Booking Holdings (“BKNG”), Chevron (“CVX”), Intuitive Surgical (“ISRG”), Raytheon (“RTX”), McDonald’s (“MCD”) and United Parcel Service (“UPS”) make that list of post-pandemic winners. Boston Beer (“SAM”) is also recommended with shares looking cheap and the company having a good track record of innovation.

Leave a Comment

Get Weekly Updates