Whether you are a long-term investor or trader, earnings season will help determine if your portfolio is making the grade. It’s important to identify any factors that can affect your holdings ahead of time, so you can be proactive rather than reactive after the news is released.
While Citigroup Inc. (NYSE:C) remains my favorite large-cap bank, readers might consider JPMorgan Chase & Co. (NYSE:JPM) and Wells Fargo & Co (NYSE:WFC) based on the steepening yield curve. Earnings should rise at the major banks as the Federal Reserve winds down its dovish monetary policy.
Visibility remains limited at Yum! Brands ahead of Thursday’s earnings report, and I’m unable to recommend the stock for this reason. If you are truly a long-term investor, the market will provide an opportunity to buy as Yum! China begins to stabilize. Patient investors will be rewarded, and there’s no need to jump in here.
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The article 3 Earnings Plays to Watch This Week originally appeared on Fool.com and is written by John Macris.
John Macris has no position in any stocks mentioned. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of JPMorgan Chase & Co (NYSE:JPM). and Wells Fargo. John is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.
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