Bank of America, Morgan Stanley And 3 Stocks To Watch Heading Into Tuesday
Portfolio Pulse from Lisa Levin
Bank of America, Morgan Stanley, Novartis AG, Masimo Corporation, and Lockheed Martin Corporation are the stocks to watch heading into Tuesday. Bank of America and Morgan Stanley are expected to post earnings before the opening bell. Novartis AG reported better-than-expected Q2 results and boosted its full-year earnings forecast. Masimo Corporation reported weak preliminary Q2 revenue results. Lockheed Martin is expected to report earnings before the opening bell.

July 18, 2023 | 8:10 am
News sentiment analysis
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NEGATIVE IMPACT
Masimo Corporation reported weak preliminary Q2 revenue results. Its shares tumbled 25.3% in the after-hours trading session.
The weak Q2 revenue results could lead to decreased investor confidence, potentially driving the stock price down.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Bank of America is expected to post quarterly earnings at 84 cents per share on revenue of $25.05 billion. Its shares gained 0.8% in after-hours trading.
The anticipation of the earnings report could lead to increased trading activity, potentially driving the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Lockheed Martin is expected to report quarterly earnings at $6.45 per share on revenue of $15.91 billion. Its shares rose 0.4% in after-hours trading.
The anticipation of the earnings report could lead to increased trading activity, potentially driving the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Morgan Stanley is expected to have earned $1.15 per share on revenue of $13.08 billion for the latest quarter. Its shares rose 1% in after-hours trading.
The anticipation of the earnings report could lead to increased trading activity, potentially driving the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Novartis AG reported better-than-expected Q2 results and boosted its full-year earnings forecast. Its shares fell 0.6% in the after-hours trading session.
The positive earnings report and increased forecast could lead to increased investor confidence, potentially driving the stock price up despite the after-hours dip.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100