Coming Week: Earnings from Dell, Men's Warehouse, Movado and more

More earnings report set for this short trading week, enjoy the day off today Masters and get ready to place your bets this week.

Wednesday, May 28

Timing is everything they say. Movado Group, Inc. (NYSE: MOV) will probably agree with that. Watch earnings as they are expected to tick lower by 50% as compared to last year. First Call is showing estimates at 4 cents per share on $97.30 million of revenue. Earnings growth is slowing and has been estimated to continue to be negative through 2010... not encouraging.

Thursday, May 29

One of the Masters favorites - Dell Inc. (NASDAQ: DELL) has been up against hard times. In April the company announced a $1 billion share buyback plan. So, either management believes that it is the best use of their excess cash or they are doing everything possible to keep the share price up. Either way, this could be a short-term bullish sign. The problem is that they are just not sexy anymore. Even with the acquisition of AlienWare in 2006 and Michael Dell coming back to the helm as of January 2007, shares have been moving lower. The chart is showing a head-and-shoulders reversal pattern during 2008. Is Dell ready for a comeback? Just ask Dad what type of computer he wants this year for Father's Day. Want to bet it isn't a Dell? Look for earnings of 33 cents per share on $1.56 billion of revenue.

Recent analyst take:

Sears Holdings Corp (NASDAQ: SHLD) ...how about yours? Those tools and overalls, those washers and dryers...Oh, the riding mowers. I love that place! Yet it seems that the love affair with Sears waning. Last September, I wrote about the problems that Sears was about to endure. The idea had been that during the past several years, shares had been climbing because of the idea that the underlying real estate had unrealized value. That was the same reason that it was about to get clobbered. (see Sears in Focus) The stock has fallen from $125, at the time that analysis was written to about $85 today. The effect of falling land values combined with the problems of being a retailer in a slowing economy has been tough on Sears. Analysts are looking for .15 per share this quarter and it may be time to start nipping at this after earnings are released. If they make or exceed the number, shares should rebound to $100. If you want to play it conservatively, perhaps consider buying call options - just out of-the-money.

SOURCE: Andrew Horowitz at BloggingStocks.com