Strong global demand for aluminum is likely to push Alcoa’s quarterly results above expectations this quarter and the company looks to be positioned for a strong second half of the year.
While Costco appears to be seeing improvement in their operating margins, we feel that severe weather that blanketed much of the nation over the last few weeks could limit any upside surprise.
Following strong earnings results by IBM and Intel, Wall Street appears to be increasingly confident that Microsoft will also deliver better than expected quarterly results.