Orenbuch is looking for AXP to report 12 percent revenue growth, but in the end, recommends investors go with Visa or MasterCard . Those credit card companies, he said, have comprable growth prospects. He said financial regulatory reform has put pressure on those names, too, but has already depressed their value to a level where investors should buy now.
Meanwhile, optionMONSTER.com's Pete Najarian will be watching CSX when it reports Monday night. The options trader and "Fast Money" trader has long liked the rails. So he expects the Jacksonville, Fla.-based company to report postive earnings results, but would use any pullback to buy this name.
Finally, Corning will report quarterly results before the bell on Tuesday. Based in Corning, N.Y., the company makes glass that's used in televisions and touch-screen cell phones, among other electronic devices.
Zachary Karabell, president of RiverTwice Research, likes GLW. Karabell said the company has defied expectations and expects it could go to $30 a share. He added that the negativity around LED chip makers, like Cree , may suggest pricing problems could go toward them instead of toward glassmakers.
POPS & DROPS
Stocks extended gains Monday as techs turned a corner and lifted the Nasdaq for the first time in several sessions as investors awaited a handful of major earnings from the sector later this week. In the wake of it all, the "Fast Money" traders were watching these market movers:
Pops (stocks that went up)
Lululemon (LULU) popped 2%: The yoga-wear retailer saw its estimates and target raised at RBC Capital. Nonetheless, Stuart Frankel's Steve Grasso would use any rally to sell this name.