From Coke to IMAX: 10 Companies Bloomberg Recommends Watching in the Fourth Quarter

Analysts at Bloomberg Intelligence have released a list of ten companies that deserve investors’ attention in the fourth quarter of 2026. The list features companies from a wide range of industries—from banking and energy to food service, building materials, and entertainment.

The Saudi commercial bank Banque Saudi Fransi topped the Bloomberg list. Its market capitalization stands at $13 billion, with expected revenue of $2.97 billion in 2026 and a growth forecast of 6%. A key catalyst for the bank will be the U.S. Federal Reserve’s (Fed) December decision, which will indicate whether interest rates will continue to support the margin on lending operations, according to Bloomberg.

"The Saudi bank is finding more ways to make money beyond traditional lending. Improved margins on corporate loans, cost reductions, and a focus on fee income from wealthier clients, cash management, and trade finance should boost revenue and profits faster than expected. Improving credit quality is also contributing to this,” notes analyst Edmond Hristu.

Banque Saudi Fransi shares on the Saudi Stock Exchange fell 0.4% during trading on October 1.

The mining company China Coal, with a market capitalization of $24 billion, is facing a challenging situation. The company’s expected sales in 2026 are estimated at $24 billion, and the sales growth forecast is 16%. Key indicators for the company will include monthly production data and the pace at which mines in Shanxi Province (west of Beijing) resume operations.

“Strict safety inspections in Shanxi Province, where the mining company generates more than 60% of its revenue, are limiting production and driving up costs. Add to that delays in opening two new mines, and earnings are likely to disappoint,” says analyst Ortiz Fan.

China Coal shares closed down 1.5% in Hong Kong on September 30.

Soft drink manufacturer Coca-Cola is at risk as it awaits a ruling from the U.S. Court of Appeals for the 11th Circuit in a protracted dispute with the Internal Revenue Service (IRS).

"A soft-drink manufacturer is facing a potentially costly setback in its protracted battle with the U.S. Internal Revenue Service. A loss in the appeals court on the expected ruling could leave the company owing billions of dollars in back taxes, while its future tax payments will increase, reducing future profits,” warns analyst Kenneth Shi.

The company's market capitalization is $378 billion, its projected sales for 2026 are estimated at $50 billion, and its sales growth forecast is 4%.

Coca-Cola's stock price edged down 0.01% in U.S. pre-market trading on October 1.

In contrast, the oil tanker operator Cosco Energy is benefiting from geopolitical tensions in the Middle East. The company’s market capitalization is estimated at $16 billion, with expected sales of $5.3 billion in 2026 and a projected sales growth rate of 48%. Future performance will depend on traffic through the Strait of Hormuz.

"The tanker operator is benefiting from higher freight rates due to the U.S.-Iran conflict. Cosco operates the world’s second-largest fleet of oil tankers, and the company is particularly strong in the segment of larger, more profitable vessels. More than three-fifths of its shipments are priced on the spot market rather than under long-term contracts, so it has been able to gain more momentum from rising prices than many of its competitors,” notes analyst Kenneth Lo.

Cosco Energy shares closed up 2.6% in Hong Kong on September 30.

Telecommunications operator Deutsche Telekom, with a market capitalization of $149 billion, is showing strong performance. The company’s expected revenue for 2026 is $140 billion, and its revenue growth forecast is 4%. Investors are awaiting the November quarterly results to assess the growth of T-Mobile US’s customer base and the stability of its German operations.

“The telecom operator’s cash generation appears stronger than expected, largely thanks to T-Mobile US, which accounts for nearly three-quarters of the group’s operating cash flow. Its robust network, with capacity to add broadband and business customers, should drive growth, while the expanding use of AI should help contain costs,” says analyst Erhan Gürses.

Deutsche Telekom's stock price on the Frankfurt Stock Exchange fell 0.15% on October 1.

Analysts are issuing a negative outlook for the Domino’s pizza chain, whose third-quarter results will reflect the impact of promotional campaigns on sales. The chain’s market capitalization is estimated at $9.5 billion, with expected sales in 2026 at $5.2 billion and a sales growth forecast of 5%.

“Sales at the restaurant chain in the U.S. are likely to be disappointing, as the boost it received last year from cheese-rimmed pizza and the launch of its integration with DoorDash is fading. And cash-strapped customers are switching to cheaper takeout orders, while competitors are aggressively offering discounts, leaving Domino’s with little room to raise prices without losing business,” explains analyst Michael Haylen.

Domino's shares rose 0.1% in pre-market trading in the U.S. on Thursday.

In the entertainment industry, IMAX, a developer of cinema technology with a market capitalization of $3 billion, is showing a positive trend. The company’s projected sales for 2026 are estimated at $0.46 billion, with a sales growth forecast of 13%. Further growth in its share of box office revenue will be confirmed by ticket sales results.

"More and more moviegoers are paying to watch films on giant IMAX screens, and studios are producing more blockbusters specifically for this format. As theater chains increasingly add IMAX screens, the company is poised to capture a growing share of box office revenue, and its relatively inexpensive licensing model allows most of that growth to translate into profit,” notes analyst Kevin Neer.

Imax shares closed Wednesday's trading session down 2.7%.

Kalshi, a prediction market platform with a business valued at $22 billion, is awaiting a Supreme Court ruling this fall. There is currently no data on the company’s expected sales or growth projections.

"As the battle over sports betting on prediction markets moves to the courts, Kalshi appears to have the upper hand over state attorneys general seeking to ban it. One federal appeals court has upheld the company’s argument that such contracts fall under federal commodities law, while conflicting rulings in other courts make a Supreme Court review increasingly likely. “A final ruling in Kalshi’s favor could prevent states from restricting the largest segment of its business,” concludes analyst Elliot Z. Stein.

The company's securities are not listed on the stock exchange.

Among European companies operating in the energy sector, Spain’s Naturgy stands out, with a market capitalization of $32 billion. The company’s expected revenue in 2026 will reach $23 billion, and its revenue growth forecast is 4%. Its third-quarter financial results will reflect demand for natural gas-fired electricity ahead of winter.

"Volatile energy prices are working in favor of the Spanish utility company. Naturgy can profit from fluctuations in the gas markets thanks to its large-scale trading operations in liquefied natural gas, while its gas-fired power plants are increasingly needed to balance Spain’s power grid amid fluctuations in renewable energy generation. "Together, these business segments should deliver earnings above expectations," explains analyst Juan Martins.

Naturgy shares fell 0.5% during trading on the Spanish stock exchange on October 1.

British building materials supplier Travis Perkins is facing challenges. The company has a market capitalization of $1.7 billion, expected sales of $6 billion in 2026, and a sales growth forecast of 0%. Data on housing transactions and mortgage approvals in the UK will be key determinants for the business.

“The slowdown in the U.K. housing market is hitting the building materials supplier from two angles. Fewer home sales mean less renovation work, and the slowdown in residential construction is dampening demand from developers. With mortgage rates still high, the prospects for recovery remain unclear, and Travis Perkins’ earnings appear set to bring further disappointments,” notes Ivona Hovenko.

Travis Perkins' stock price in London fell 1.1% during Thursday's trading session.

This article was AI-translated and verified by a human editor