Amazon.com Inc. (NASDAQ: AMZN) had its biggest holiday season ever this year and its best-selling products were the Echo Dot voice-controlled speaker and the Fire TV Stick that sold for $29.99 and $39.99, respectively.
Apple Inc. (NASDAQ: AAPL) delayed the launch of its $349 HomePod voice-controlled speaker until sometime in January. Even if it had been available, chances are the HomePod....More>>>
(Source: Yoga class in a Lululemon store.)
Lululemon (NASDAQ:LULU) is a good company with solid fundamentals, a positive vibe, a community-type culture, and more growth potential. It is known for having the best quality yoga pants, its signature product, but I dont believe Lululemon has enough of a competitive advantage to be a stable long term investment.
In the stock market, I have a couple rules I like to follow. One of them is to almost always stay away from stocks trading under $5. After all, there is a reason they are under $5, and its not because things are going well. But every once in a while, one finds a hidden gem among these cheap stocks. I think Rite Aid Corporation (NYSE:RAD) is one of those hidden gems.
Thanksgiving week dawns with a light economic calendar and earnings season in its last embers. The excitement might tick up on Black Friday when holiday shoppers hit the malls or get online, potentially providing more insight into consumer health as the end of....More>>>
Jack Ma led Chinese eCommerce giant Alibaba Group Holding Ltd (NYSE:BABA) has had a mind-boggling single’s day sales which seem to justify itsprice to earnings multiple of 62. BABA stock investors too are a happy lot with the share price doubling in the year. We had rightly hinted in our earlier coverage that Alibaba is all set to have record-breaking single’s day....More>>>
Another quarter, another beat for Home Depot Inc (NYSE:HD) and another rally for HD stock.
Once again, Home Depot smashed analyst estimates in its third quarter earnings report. Comparable sales rose 7.9%, well above analyst estimates which stood at up 5.4%. As was widely expected, the big beat was driven by a flurry of hurricane-related buying.
The NASDAQ Composite keeps on going from strength to strength. Recently, we saw the big three — Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), and Microsoft (NASDAQ:MSFT) — report very strong earnings, which resulted in strong spikes in their respective share prices. Over time, this should only add to the returns of the NASDAQ going forward. Why? Because it looks as if the sustained....More>>>
According to Collectors Universe’s (NASDAQ:CLCT) companys description, We provide authentication and grading services to dealers and collectors of coins, trading cards, event tickets, autographs and historical and sports memorabilia (collectibles). We believe that our authentication and grading services add value to these collectibles by enhancing their marketability....More>>>
Image Source: WSJ.com
Sales Trends A Bit Soft, But Nothing To Worry About
I have been a bit disappointed by Nordstroms (NYSE:JWN) recent results. Not because it was a bad quarter per se, but because it broke the sequence of constant overperformance compared to other peers in the department stores space. This was particularly evident on the side of comps, which decreased....More>>>
Ever since the proposed acquisition of Rite Aid Corporation (NYSE:RAD) by Walgreens Boots Alliance Inc (NASDAQ:WBA) was restructured multiple times and eventually turned into an all-cash deal for a couple stores, RAD stock has been left for dead.
When Walgreens announced its intention to buy Rite Aid for $9.4 billion in October 2015,....More>>>