Stocks to Watch: Amazon, Visa, IBM, Johnson & Johnson

By James Willhite

Here are some of the companies with shares expected to trade actively in Friday's session. Stock movements noted by ticker reflect movements during regular trading hours.

Amazon: The e-commerce giant's fourth-quarter sales blew past a previous record as robust holiday sales and profit from cloud and advertising businesses helped offset growing shipping costs for its one-day Prime program.

Visa: The credit-card company reported record quarterly profit and processed more than $3 trillion in transactions, a record for the quarter, driving a 10% revenue growth.

IBM: Ginni Rometty is retiring after almost 40 years at IBM and will be succeeded as CEO by Arvind Krishna, who heads the company's cloud and cognitive-software division.

Johnson & Johnson: A California judge ordered the company to pay $344 million in a lawsuit in which state officials accused the company of deceptively marketing surgical mesh devices for use in pelvic procedures in women.

Electronic Arts: Its latest Star Wars game helped the company deliver robust holiday-quarter results, though the publisher will have a thin release slate this year as next-generation gaming consoles are primed to hit the market.

Caterpillar, Chevron, Exxon Mobil, Honeywell and KKR are among the companies reporting earnings Friday.

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 James Willhite at james.willhite@wsj.com

(END) Dow Jones Newswires

January 31, 2020 05:18 ET (10:18 GMT)

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