Stocks To Watch For July 21

Some of the stocks that may grab investor focus today are: Wall Street expects Pepsico Inc PEP to report its Q2 EPS at $1.21 on revenue of $16.41 billion. PEP shares fell 0.07% to close at $68.49 yesterday. Intel Corp INTC reported upbeat results for the second quarter and trimmed its 2011 forecast for personal computer unit sales. Intel's quarterly net income surged to $2.95 billion, or $0.54 per share, from $2.89 billion, or $0.51 per share, in the year-ago period. Excluding some expenses, Intel's earnings came in at $0.59 per share. Its revenue climbed 21% to $13.03 billion. Analysts were expecting earnings of $0.51 per share on revenue of $12.8 billion. Intel shares dropped 1.91% to $22.55 in the after-hours trading session. Analysts are expecting Microsoft Corporation MSFT to have earned $0.58 per share on revenue of $17.25 billion in the fourth quarter. MSFT shares declined 0.07% to $27.04 in after-hours trading. eBay Inc EBAY reported upbeat results for the second quarter. EBAY's quarterly earnings dropped to $283.4 million, or $0.22 per share, from $412 million, or $0.31 per share, in the year-earlier period. Excluding one-time items, eBay's earnings came in at $0.48 per share. Its revenue surged 25% y/y to $2.76 billion from $2.22 billion. Analysts were expecting earnings of $0.46 per share on revenue of $2.60 billion. EBAY shares dropped 1.42% to $32.70 in the after-hours trading session. Analysts expect Morgan Stanley MS to report a Q2 loss at $0.62 per share on revenue of $8.04 billion. MS shares rose 0.05% to $21.73 in after-hours trading. Trading Ideas.