Nike, Q2 Due, Leads 5 Top Stocks Testing Key Level
Five IBD 50 stocks are testing a key level in the stock market today: Nike (NKE), Constellation Brands (STZ), Facebook (FB), Integrated Device Technology (IDTI) and Monster Beverage (MNST). Nike reports quarterly earnings after the close on Tuesday. Wall Street expects the bottom line to rise 16%, a slowdown from last quarter’s 23% growth. Revenue is projected to grow 6%, a faster rate than last quarter’s 5% gain. Analysts say that athletic shoes