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Three stocks you must watch this earnings season
This earnings season there are three stocks that you should watch especially closely, according to Saxo Bank's Head of Equity Strategy, Peter Garnry. Those stocks are General Electric, Qualcomm and Airbus.
Peter is expecting the global economy to improve and GE, a broad based industrial company with global diversity, is in a good place to benefit from that.
Qualcomm produces among other things technology for advanced wireless communications. He's says it's a high growth tech company in the tablet and smart phone business and Peter says he expects that to continue and the company's valuation appears to be good.
It's a similar story for plane maker, Airbus, according to Peter. The commercial aircraft business is growing "phenomenally", he says and orders are booming. He also says the Airbus has a competitive advantage over its rival, Boeing.
Aluminium producer, Alcoa, kicked off this year's earnings season on Thursday but disappointed analysts after it missed some estimates.
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