Earnings season is now in high gear, with all eyes on Apple’s (AAPL) report Tuesday. While the iPhone maker should deliver another quarter of solid profit and sales growth, Apple isn’t on the IBD 50 list of the very best stocks. In the coming week, eight companies from the elite IBD 50 are on tap to report earnings: Starbucks (SBUX), Alaska Air (ALK), Manhattan Associates (MANH), Illumina (ILMN), Celgene (CELG), Valeant Pharmaceuticals (VRX),
With a heavy load of distribution days on both the S&P 500 and the Nasdaq, the market uptrend is under pressure. Here’s a look at five IBD 50 stocks that are holding up in the wake of Monday’s plunge and trading near highs: Ulta Beauty (ULTA), Fleetmatics (FLTX), Manhattan Associates (MANH), Ellie Mae (ELLI) and Illumina (ILMN). Ulta Beauty is trading near its 50-day line, an area where it has gotten support as it’s made its run. Shares are 4%
Manhattan Associates (MANH) stock seesawed Wednesday despite a Q1 earnings beat late Tuesday and at least two price target hikes. Manhattan started out touching a new high for the third straight trading day in the stock market today, rising as much as 6.8% to just below 60. Shares then fell as much as 3.1%. In midday trading, Manhattan stock was down 4%, near 54. But at least two analysts hiked their price targets on Manhattan stock after the