Stocks To Watch For May 18 (DE, DELL, TGT, ADI, SPLS)

Some of the stocks that may grab investor focus today are: Wall Street expects Deere & Company DE to report its Q2 EPS at $2.06 on revenue of $8.14 billion. DE shares gained 0.66% to $87.53 in after-hours trading. Dell Inc DELL reported its fiscal first-quarter net income at $945 million, or $0.49 per share, up from $341 million, or $0.17 per share, in the year-ago period. The company's revenue rose 1% to $15 billion. On an adjusted basis, the company's earnings came in at $1.05 billion, or $0.55 per share, for the latest quarter. However, analysts were projecting earnings of $0.43 per share on revenue of $15.4 billion. Dell lifted its earnings forecast for the fiscal year. The company now projects its non-GAAP operating income to rise 12% to 18%, versus with its earlier growth range of 6% to 12%. DELL shares surged 6.16% to $16.88 in the after-hours trading session. Analysts are expecting Target Corp TGT to have earned $0.94 per share on revenue of $16.02 billion in the first quarter. TGT shares rose 0.87% to close at $87.53 yesterday. Analog Devices Inc ADI reported a 44% rise in its profit for its fiscal second quarter. The company's net income surged to $241.8 million, or $0.78 per share, from $167.1 million, or $0.55 per share, in the year-ago period. Excluding the impact of a one-time federal tax benefit, the company's earnings came in at $0.75 per share. Its revenue increased to $790.8 million, from $668.2 million. However, analysts were expecting earnings of $0.68 per share on revenue of $746.5 million. Analog Devices projects FQ3 earnings of $0.70 to $0.75 per share, on revenue of $765 million to $795 million. However, analysts expected earnings of $0.70 per share on revenue of $762.7 million. The company lifted its quarterly dividend by 14% to $0.25 per share. ADI shares jumped 4.52% to $42.05 in the after-hours trading session. Analysts expect Staples Inc SPLS to post its Q1 EPS at $0.32 on revenue of $6.19 billion. SPLS shares dropped 0.10% to $19.63 in after-hours trading. Trading Ideas.