Home Stocks Stocks to Watch: Coty, Starbucks, Salesforce, Molina Healthcare, Chegg, Under Armour – Wall Street Journal

Stocks to Watch: Coty, Starbucks, Salesforce, Molina Healthcare, Chegg, Under Armour – Wall Street Journal

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Starbucks climbed to a fresh high Monday.


Photo:

Waldo Swiegers/Bloomberg News

Here are some of the companies with shares expected to trade actively in Tuesday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.

Apple
Inc.


AAPL 0.49%

—Up 0.6% premarket: iPhone shipments in China slumped far more than overall smartphone shipments there last quarter, costing Apple further ground against local rival Huawei Technologies in the world’s biggest smartphone market.

Amazon.com Inc.—Up 0.8% premarket: Amazon said it is buying Eero, a company that offers a Wi-Fi system that ditches the traditional router, in its latest bet to control the smart home.

Coty
Inc.


COTY 13.15%

—Up 17% premarket: The investment firm JAB wants to boost its stake in beauty products company Coty, offering to buy shares from existing stockholders if independent directors on the company’s board sign off on the plan.

Chegg
Inc.


CHGG 9.60%

—Up 9.8% premarket: The online textbook company exceeded quarterly sales targets and gave upbeat 2019 projections.

Under Armour
Inc.

—Up 2.4% premarket: The sportswear company reported flat revenue in the holiday quarter, as strong gains overseas offset declines in North America and in its footwear business.

Molina Healthcare
Inc.


MOH -6.21%

—Up 1% premarket: The company swung to a profit in the latest quarter and said it expects strong earnings growth this year.

Starbucks
Corp.


SBUX 0.29%

—Up 0.7% premarket: The coffee chain climbed for the third consecutive session Monday to a fresh all-time high. Its record last week was its first since November.

Salesforce
.


CRM 1.29%

com Inc.—Up 0.9% premarket: The business-software company hit an all-time intraday high for the first time since October Monday before closing up 2.1% at $159.91, just below its record close of $160.43.

Jones Lang LaSalle
Inc.

—Up 3.2% premarket: Jones Lang LaSalle reported better-than-expected sales in the fourth quarter, as the commercial real estate services firm reported growth across its service lines in the Americas.

Sabre
Corp.

—Down 4.1% premarket: The airline reservations software maker said profit rose 2.8% in its fourth quarter as a tax expense recorded last year reflected favorably this quarter.

US Foods Holding
Corp.

—Down 4.8% premarket: US Foods Holding reported profit fell 61% in the fourth quarter, led by margin-expansion initiatives and a decline in case volume.

FMC
Corp.

—Up 0.3% premarket: The Philadelphia maker of chemicals said its fourth-quarter profit fell on an impairment charge, but its adjusted profit and revenue topped expectations.

Charles Schwab
Corp.

—Unchanged premarket: The online brokerage is making hundreds more exchange-traded funds free to trade on its platform.

Welltower
Inc.

—Unchanged premarket: The health-care real estate company reported a profit in its fourth quarter as expenses dropped slightly and revenue rose.

Fidelity National Information Services Inc.—Up 0.1% premarket: Profit declined at Fidelity National Information Services in the fourth quarter, as the company adopted a new accounting standard and recorded a tax benefit from the year earlier.

This is a version of the “Stocks to Watch” section of our Markets newsletter. To receive it every morning via email, click here.

Write to Francesca Fontana at francesca.fontana@wsj.com and Amrith Ramkumar at amrith.ramkumar@wsj.com

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