The Fool Looks Ahead
Mar 23rd 2013 7:30AM
Updated Mar 23rd 2013 7:36AM
There's never a dull week on Wall Street. Let's go over some of the news that will shape the week to come.
The market kicks off with Focus Media reporting its latest quarterly results on Monday. Focus Media is a leading provider of advertising services in China. From elevator poster boards to giant billboards to monitors in heavily trafficked locations serving up video ads, Focus Media excels at getting brand advertisers noticed.
Investors have been hesitant to buy into Chinese equities, but Focus Media's report should provide a good snapshot on how the consumer-facing economy is humming along.
Take-Two Interactive delayed the highly anticipated Grand Theft Auto V recently, but it hits the market with BioShock Infinity on Tuesday. The first two games in the BioShock franchise sold a combined 10 million copies, so Take-Two is hoping that this futuristic and politically tinged game proves popular. The industry can use a hit, too.
Five Below checks in on Wednesday. The fast-growing discounter lives up to its name, offering a wide range of merchandise for $5 or less. Thriftiness may not seem cool, but Five Below's appeal with young shoppers has been a welcome surprise. The company went public this past summer at $17, and the shares have more than doubled.
Investors looking for a company that's been on the market a little bit longer can check out Red Hat . The provider of Linux-based enterprise software solutions has carved out a cozy niche selling open-source software support and customized solutions. Red Hat's expected to post a profit of $0.30 a share on Wednesday.
Accenture will be an interesting name to watch on Thursday. The Irish-based company provides management consulting and business outsourcing services. It's truly a global juggernaut, though Wall Street sees Accenture posting a quarterly profit of $0.97 a share, flat with last year's showing.
The market is closed on Friday in observance of Good Friday. Take it easy for a day. CNBC and all those real-time stock quotes will still be there on Monday.
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The article The Fool Looks Ahead originally appeared on Fool.com.Longtime Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool recommends Accenture and Take-Two Interactive. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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