(PRO Views are exclusive to PRO subscribers, giving them insight on the news of the day direct from a real investing pro. See the full discussion above.) Investor Jay Woods is keeping a close eye on Walmart ‘s fourth-quarter earnings, due for release before the market opens Thursday. Woods, the chief market strategist at Freedom Capital Markets, believes that the retail giant could face a potential pullback after its report, opening up an attractive entry point for investors. “It’s getting a little parabolic as it heads into the numbers. If I was in the stock, I would take profits. In fact, I am, and I have, but watch to see any pullback on good news,” he said. The investor added that a pullback into the 120s would be a good level to add to the name. Walmart closed at $133.89 per share on Friday afternoon. WMT YTD mountain WMT YTD chart Woods, an NYSE insider, also touches on the following in the exclusive video: Stocks testing the floor for the S & P 500 and Dow Jones Industrial Average . How Nvidia’s earnings next week could potentially be the “last straw that breaks the camel’s back.” Traders rotating into the State Street Health Care Select Sector SPDR ETF (XLV) . An opportunity in mid-cap packaging name Sonoco , which has a good risk-reward setup heading into its Thursday earnings report. (This weekly video is exclusively for CNBC PRO subscribers.)
