Ross Stores Inc
Stocks making the biggest moves midday: Xerox, Logitech, Upstart, Hibbett, Planet Fitness & more
In this article LOG.N-CH LOGI UPST STEM HIBB Follow your favorite stocksCREATE FREE ACCOUNT Tony Avelar | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Logitech — The computer peripherals maker jumped 11.8% after Logitech reiterated its full-year guidance, which was lowered in July. Logitech has struggled with weaker demand […]
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3 takeaways from our daily meeting: Halliburton earnings beat, Club stocks in the news, TJX is best-of-breed
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. HAL earnings beat Club stocks making news: STZ, LIN TJX is a best-of-breed stock 1. HAL earnings beat Halliburton (HAL) beat earnings and revenue expectations in its third-quarter results, reported […]
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Bargain retailer TJX strategically placed to navigate a recession, JPMorgan says
TJX Companies (TJX) is competitively positioned to weather an economic slowdown, JPMorgan said, underscoring the Club case for owning the off-price retailer. Source
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Holiday bargains will dent retail profits. How investors can avoid taking a beating
Everyone loves a deal and consumers this holiday season can expect more savings at the store thanks to a glut of inventory at some of their favorite retailers. While the surplus merchandise is a boon for consumers, it means a potential hit to profitability for retailers — even if it encourages more shopping. It also […]
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UBS pinpoints the shares with upside opportunity and draw back danger heading into earnings
3rd quarter earnings time will kick off at the finish of the 7 days and between the financial slowdown and tricky inflation surroundings, the earnings are anticipated to present their slowest development of this calendar year and the weakest considering the fact that 2020, in accordance to Refinitiv. That doesn’t suggest there aren’t chances for […]
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Retailers have a serious inventory problem. Here are the stocks most at risk, according to UBS
UBS said the inventory problem at retailers is worse than investors are expecting and identified some stocks that will be hardest hit. “[We] analyzed industry inventory levels now that Softlines earnings season is essentially over,” analyst Jay Sole wrote in a note Wednesday, referring to retailers that specialize in soft goods, such as clothing, footwear […]
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We’re buying more shares of two companies, stepping off the sidelines in this down market
After patiently waiting for the market to pull back over the past few days, we are nibbling on two stocks of high-quality companies. Source
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Buy these cash kings for downside protection and flexibility in tough market, Morgan Stanley says
As Wall Street surveys for potential risks heading into September, some large-cap companies with strong balance sheets could offer investors both downside protection and even some growth, says Morgan Stanley. In the second quarter, certain companies in the Russell 1000 maintained healthy cash balances, even as they fortified their businesses by putting cash toward share […]
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Shares making the major moves premarket: Deere, Foot Locker, Mattress Bathtub & Beyond and additional
Verify out the organizations building headlines in advance of the bell: Deere (DE) – Deere slid 5.2% in premarket investing right after the significant gear maker skipped quarterly earnings estimates inspite of higher-than-envisioned sales. Deere earned $6.16 per share, underneath the consensus estimate of $6.69, as it productively implemented selling price hikes but also confronted […]
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Stocks making the biggest moves midday: Walmart, Bed Bath & Beyond, Zoom, Ally and more
Vehicles pass a Walmart store in Torrance, California, on Sunday, May 15, 2022. Bing Guan | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Walmart, Home Depot — The retailers’ shares rose about 5% each after both companies reported better-than-expected earnings for the most recent quarter. That lifted other retail […]
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