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12 Stocks To Watch For May 5, 2016

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TripAdvisor, Inc. NASDAQ:TRIP, Discovery Communications, Inc. NASDAQ:DISCA - 12 Stocks To Watch For May 5, 2016

Some of the stocks that may grab investor focus today are:

Wall Street expects Kellogg Company K to post its quarterly earnings at $0.94 per share on revenue of $3.47 billion. Kellogg shares gained 0.03 percent to $77.02 in after-hours trading.

Analysts expect Alibaba Group Holding Ltd BABA to report its quarterly earnings at $3.60 per share on revenue of $23.22 billion. Alibaba shares rose 0.87 percent to $76.44 in after-hours trading.

MGM Resorts International MGM is expected to report its quarterly earnings at $0.11 per share on revenue of $2.28 billion. MGM Resorts shares gained 0.05 percent to close at $21.45 on Wednesday.

Tesla Motors Inc TSLA reported a narrower-than-expected loss for its first quarter on Wednesday. An important note was the advancement of the target date to hit production of 500,000 cars annually by 2018 (it originally forecast for 2020). Tesla shares gained 2.67 percent to $228.50 in the after-hours trading session.

Wall Street expects AmerisourceBergen Corp. ABC to report its quarterly earnings at $1.59 per share on revenue of $35.82 billion. AmerisourceBergen shares fell 1.39 percent to close at $84.29 on Wednesday.

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Fitbit Inc FIT reported better-than-expected results for its first quarter, but issued a weak guidance for the current quarter. Fitbit shares dipped 12.51 percent to $14.90 in the after-hours trading session.

Analysts are expecting Merck & Co., Inc. MRK to have earned $0.85 per share on revenue of $9.46 billion in the latest quarter. Merck shares slipped 0.51 percent to close at $54.80 on Wednesday.

Activision Blizzard, Inc. ATVI is projected to post its quarterly earnings at $0.12 per share on revenue of $812.12 million. Activision Blizzard shares rose 0.64 percent to $34.50 in the after-hours trading session.

Whole Foods Market, Inc. WFM reported upbeat earnings for its second quarter, but the company missed analysts' sales estimates. Whole Foods shares gained 1.16 percent to $28.84 in the after-hours trading session.

Analysts expect GoPro Inc GPRO to post a quarterly loss at $0.60 per share on revenue of $169.08 million. GoPro shares dropped 1.75 percent to $11.20 in after-hours trading.

Discovery Communications Inc. DISCA is estimated to report its quarterly earnings at $0.40 per share on revenue of $1.56 billion. Discovery Communications shares fell 0.34 percent to $26.50 in the after-hours trading session.

Tripadvisor Inc TRIP reported weaker-than-expected results for its first quarter on Wednesday. Tripadvisor shares declined 3.77 percent to $60.75 in the after-hours trading session.

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