Here’s Why These Five Stocks Are in Spotlight on Friday

Campbell Soup Company (NYSE:CPB)’s stock is also deep in the red today following the release of the company’s financial results for the fiscal third quarter. The company posted EPS of $0.65, just $0.01 above the consensus estimate, while the revenue slightly missed the estimates by $40 million. In addition, Campbell Soup Company (NYSE:CPB) raised its full-year guidance and currently expects net sales growth in the range of -1% to 0% and adjusted EPS between $2.93 and $3.00. Cliff Asness‘ AQR Capital Management boosted its position in Campbell Soup Company (NYSE:CPB) by 119% on the quarter to 750,200 shares.

Applied Materials, Inc. (NASDAQ:AMAT)‘s stock has grown by 12.51% on Friday on the back of the company posting EPS of $0.34 for the fiscal second quarter, above the estimates by $0.02, while the revenue of $2.45 billion was higher than the anticipated $2.42 billion. For the third quarter, Applied Materials, Inc. (NASDAQ:AMAT) said it forecasts EPS in the range of $0.46 to $0.50, compared to a consensus estimate of $0.36. John Overdeck and David Siegel‘s Two Sigma Advisors reported holding 6.77 million shares of Applied Materials, Inc. (NASDAQ:AMAT).

Finally, Ross Stores, Inc. (NASDAQ:ROST) reported EPS of $0.73, in line with analysts’ expectations, while revenue of $3.09 billion, missed the estimates by $30 million. In a statement, CEO Barbara Rentler said the company forecasts same store sales for the current quarter in the range of 1% to 2% and EPS in the range of $0.64 to $0.67, while for fiscal 2016, Ross Stores, Inc. (NASDAQ:ROST) expects EPS between $2.63 and $2.72. AQR Capital Management held 1.65 million shares of Ross Stores at the end of March.

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