The Investing Week Ahead: 12/20/21
Join me as I highlight the most important topics to attack the investing week ahead.
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I hope everyone is beginning to wind down their work as the holiday season quickly approaches.
As a heads up - this week will be relatively light for me. I’m traveling to see family through Thursday, and won’t be back on the saddle until Friday morning.
Don’t worry, I have a few things already scheduled to go out this week. But, given that Christmas is this weekend and we have a very light Investing Week ahead of us - I encourage you to take it easy as well.
To the folks that joined us yesterday from Machine Learnings, welcome!
Every Monday I share what’s front of mind as we head into a new Investing Week - with a detailed recap then shared the following Sunday.
Here was a Sunday recap from the other week:
Let me know if you have any questions!
In this post, we’ll cover:
Hot IPOs taking place this week
Quarterly financial reports worth reading
Investor events to keep an eye on
Major economic releases
If you want to learn more about the companies mentioned in this post, consider using Unhedged to conduct your research.
The Investing Week Ahead - Too Long, Didn’t Read:
It’s a very light week! The markets are winding down as we prepare for the holiday season - leaving us with no buzzworthy IPOs this week, a limited list of earnings reports, and only a few major economic updates.
IPOs to Watch this Week:
Again, none this week. But in case you missed last week’s major IPO - Samsara (IOT) raised ~$800 million from their public debut. They’re a California-based software company founded to assist fleet operators.
Key Earnings Announcements:
A very light week of earnings, during which, Nike will be covered more in depth tomorrow as I highlight their recent $100M acquisition of an NFT studio. Stay tuned.
December 20: Nike (NKE), Micron Technologies (MU), Carnival (CCL)
December 21: FactSet Research Systems (FDS), BlackBerry (BB)
December 22: CarMax (KMX), Paychex (PAYX)
Seeing that Adidas (ADDYY) made $23 million last week by selling an NFT in collaboration with Bored Ape Yacht Club, it’ll be interesting to see what Nike will come up with in the coming quarters.
Remember, Adidas did $580 million in profits last quarter. If you’re telling me Adidas can sell an NFT collection — adding +$23 million to their bottom line in less than a day — things could begin to get very interesting for Nike as well.
Keep an eye out for Nike to mention anything regarding NFTs and the metaverse on their earnings call.
Again, light week in the markets given the upcoming holidays - so no major investor events are taking place. We did, however, hear from Campbell Soup (CB), Lowe’s (LOW), and Delta Air Lines (DAL) last week - click below to read.
Major Economic Updates:
Important updates as it relates to new home sales and personal income coming our way this week.
US New Home Sales for November 2021 from the Census Bureau
US Personal Income and Spending for November 2021 from the Bureau of Economic Analysis
Have a great start to your week! If you’re traveling like myself, be safe.
Disclaimer: This is not financial advice or recommendation for any investment. The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.