Trending Stocks Jan 24th: Harley-Davidson, Coach, Texas Instruments, Verizon, Kimberly-Clark
As earnings season is well underway this week, investors and traders are digesting reports and looking to big ones on the horizon. Here are stocks buzzing on trading radars today:
Harley-Davidson, Inc. (NYSE:HOG): CEO Keith Wandell, commented: “At retail, we believe the solid improvement in new Harley-Davidson motorcycle sales reflects the strong appeal of our product lineup to a diverse customer base and the great efforts of our dealers, combined with results from our investments in growth opportunities across all regions and improved consumer confidence in the U.S. While we are encouraged by the retail sales trend, we continue to keep a close watch on the marketplace and remain cautious in our expectations for 2012.” Shares of Harley-Davidson, Inc. are trading 1.5% higher today.
Coach, Inc. (NYSE:COH): Says “Internationally, our directly-operated businesses are also growing nicely, as China continues to post excellent gains and remains on track to generate at least $300M in sales this year.” Says on track to acquire Malaysian retail business in July. Shares of Coach, Inc. are trading 6.41% higher today.
Texas Instruments Incorporated (NASDAQ:TXN): Oppenheimer believes that Texas Instruments reported “upbeat” Q4 results, and the firm raised its target on the stock to $40 from $37 while maintaining an Outperform rating. Shares of Texas Instruments Incorporated are trading 0.21% lower today.
Verizon Communications Inc. (NYSE:VZ): company added 1.5 million retail customers, including 1.2 million retail postpaid customers. While the wholesale channel grew during the fourth quarter, a loss of telematics customers resulted in a net decrease of 490,000 wholesale and other connections in the quarter. At year-end 2011, smartphones accounted for 44% of the Verizon Wireless retail postpaid customer phone. Shares of Verizon Communications Inc. are trading 2.06% lower today.
Kimberly Clark Corp (NYSE:KMB): The company expects the increase in operating cash flow will be helped by modest pension contributions. Comments taken from Q4 earnings conference call. Shares of Kimberly Clark Corp are trading 2.71% lower today.
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