2 Stocks Every Investor Should Watch This Week
The stock market will close on Thursday for Thanksgiving and have just a half-day of trading on Friday. As a result, many investors are simply tuning out for the entire week, figuring they can start paying attention again after a long weekend.
However, there are a few key companies that are reporting their financial results, and what they say will tell those who are paying attention a lot about the state of their respective industries and of investor sentiment more broadly. Here's some information about two stocks that you should watch this week, with an eye toward figuring out whether one can keep moving forward and the other can regain its lost momentum.
Farm equipment manufacturer Deere (NYSE: DE) is set to report its fiscal fourth-quarter financial results before the market opens on Wednesday, Nov. 23. Unlike many stocks in 2022's bear market, Deere has managed to move higher so far this year, and investors want to see whether the maker of tractors and other heavy equipment can keep taking advantage of favorable industry tailwinds that are helping its customers.
Source Fool.com
