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3 stocks to watch as earnings' season kicks off
Alcoa kicks off the US earnings season on Monday. The aluminium maker releases Q2 earnings after the close. The consensus EPS estimate is currently 6 cents per share, down 49 percent, amid a slowdown in global demand. But the real action is on Friday when JPMorgan Chase and Wells Fargo release earnings before the open. Both banks have seen rising EPS estimates over the last three months and EPS is expected to grow 32 percent and 12 percent respectively. Saxo Bank's Peter Garnry sees upside potential in both stocks and discusses how he's positioning himself.
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