Analyst: This Stock Could Double After Earnings

Fellow FAANG stock AAPL is sinking ahead of earnings

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Midday Market Check
 
 

4/30/2019

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Stocks Head Lower on GOOGL Revenue Miss

By Lillian Currens

Share On

The Dow Jones Industrial Average (DJI) is down roughly 50 points, erasing early gains stemming from well-received blue-chip earnings. Apple (AAPL) is the leading laggard on the Dow, dropping ahead of earnings tonight, as fellow FAANG stock Alphabet (GOOGL) sinks on weaker-than-expected first-quarter revenue. The tech-rich Nasdaq Composite (IXIC) is dropping in response, pulling back from recent record highs.

Elsewhere, traders are keeping an eye on U.S.-China trade talks, after Mick Mulvaney, the current White House chief of staff, said a trade deal could be inked in the next couple of weeks. Investors are also anticipating the Fed's two-day policy meeting, which kicks off today, though the central bank is expected to stand pat on interest rates.

Continue reading for more on today's market, including: 

  • The biotech stock that could double after earnings, according to one analyst.   
  • This Chinese stock just scored a pre-earnings bull note. 
  • Plus, Weight Watchers gets an upgrade; the best Nasdaq stock today; and DBD stock eyes worst day in nine months. 
>> Continue reading...
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Most analysts remains wary, though
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