Why Costco and Dollar Tree Are 2 Top Retail Stocks to Buy Now
Costco Wholesale Corporation (NASDAQ:COST) and Dollar Tree Inc. (NASDAQ: DLTR) are two stocks in the retail sector that are recession-resistant and are a good inclusion in any portfolio. Let’s have a look at those two ... [Read]
3 Retail Stocks to Avoid Despite the Recent Sell-Off
The retail industry was already struggling prior to the coronavirus outbreak, but the current crisis has made things far more difficult for retail giants. Retail stocks, like Macy’s and Nordstrom, have experienced steep declines in ... [Read]
JWN Stock Tanks as Q4 Earnings Disappoint, Provides Weak Outlook
JWN stock tanked this morning after the luxury apparel retailer Nordstrom Inc’s (NYSE:JWN) financial performance in the fourth quarter proved to be a disappointment. On top of that, the retailer’s profit projection for 2020 was ... [Read]
TGT Stock Drops After Mixed Earnings Miss the Mark
TGT stock is in the red today after Target Corporation (NYSE:TGT) reported mixed fourth-quarter earnings, despite seeing solid growth in the e-commerce section of its business. For the fourth quarter, Target saw earnings outpace analysts’ ... [Read]
BABA Stock Falls Despite Earnings Beat, But Coronavirus Might Hit Hard
BABA stock is getting hammered this morning after Alibaba Group Holding Ltd (NYSE:BABA) cautioned of a fall in revenue at its key e-commerce businesses this quarter due to the coronavirus. Earnings Beat Estimates Chinese retail ... [Read]
UAA Stock Sinks as Q4 Sales Fall Short of Expectations
UAA stock is tanking today after Under Armour Inc’s (NYSE:UAA) fourth-quarter sales fell short of analysts’ estimates, with the sports apparel maker forecasting a sales drop in 2020. For the three months ended December 31, ... [Read]
AMZN Stock Jumps 9% After Topping Q4 Results Estimates
AMZN stock is the biggest gainer on Friday after Amazon.com, Inc. (NASDAQ:AMZN) reported its Q4 earnings that topped expectations. Amazon’s Q4 Results Top Estimates The company reported a 21% increase for the quarter to $87.44 ... [Read]
GPS Stock Gains as Gap Backs Away from Old Navy Spin-Off
GPS stock popped this week after Gap Inc (NYSE:GPS) ditched plans to split its Old Navy brand into a separate public company, as well as announcing the departure of CEO Neil Fiske. Gap announced its ... [Read]
HAS Stock Drops on Underwhelming Seasonal Sales
HAS stock is trading down on Wednesday after retailer Target (NYSE:TGT) reported weaker than expected toy sales over the holiday period. This could mean trouble for Hasbro (NASDAQ:HAS). The US retailer reported that its toy ... [Read]
AMZN Stock Drops on Attempt to Block Microsoft Military Contract
AMZN stock is in the red today after it was reported that Amazon (NASDAQ:AMZN) will ask a judge to block Microsoft (NASDAQ:MSFT) from taking up a US$10 billion cloud computing contract for the US military. ... [Read]