Markets

Market Watch: ABM Industries, Broadcom, and Others in Spotlight Ahead of Friday's Trading

Published September 7, 2024

As U.S. stock futures indicate a mixed outlook for the market on Friday, investors are turning their attention to a select group of companies. ABM Industries Incorporated ABM is poised to announce its quarterly earnings, anticipated to be 86 cents per share with $2.04 billion revenue before the market opens. In addition, a handful of other stocks are expected to command attention today.

Broadcom Inc. AVGO

AVGO, known for its extensive range of semiconductor and infrastructure software products, caters to a diverse set of markets including data center, networking, software, and more. Their performance is closely watched by investors interested in tech and semiconductor sectors.

ABM Industries Incorporated ABM

ABM, providing integrated facility solutions, is another stock in the spotlight with its upcoming earnings report. With their services widespread across the U.S. and globally, their financial results could signify underlying economic trends in the facilities management industry.

Big Lots Inc. BIG

As a major retail player, BIG's performance reflects consumer behavior and the health of the retail sector. Based out of Columbus, Ohio, the company's strategies and results are indicative of broader retail market conditions.

Brady Corporation BRC

BRC's role in manufacturing and supplying IDS and WPS highlights its importance in workplace safety and identification solutions. The Milwaukee, Wisconsin-headquartered company serves a crucial sector for security and identification products.

Smith & Wesson Brands, Inc. SWBI

The firearms manufacturer SWBI, headquartered in Springfield, Massachusetts, connects with both national and international markets. Its performance is a measure of the global demand for firearms and the overall state of this specific manufacturing niche.

Investor Awareness

Investors should note the dynamics of these diverse companies as they can provide insights into different sectors of the market. Economic, geopolitical, or sector-specific factors can significantly influence the performance of stocks like BIG, BRC, AVGO, ABM, and SWBI, making them ones to watch in the upcoming trading session.

Broadcom, ABM, Stocks, BigLots, BradyCorp, SmithWesson