NYSE:FND - New York Stock Exchange, Inc. - US3397501012 - Common Stock - Currency: USD
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Floor And Decor (NYSE:FND) and the rest of the home furnishing and improvement retail stocks fared in Q3.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Floor And Decor (NYSE:FND) and the rest of the home furnishing and improvement retail stocks fared in Q3.
Floor And Decor currently trades at $114.10 per share and has shown little upside over the past six months, posting a small loss of 1.6%. The stock also fell short of the S&P 500’s 12.9% gain during that period.
Warren Buffett has been reducing his exposure to stocks lately, focusing on the consumer discretionary end of the market for clear reasons.
Retail growth opportunities with XRT, Floor & Decor, and Shake Shack with strong margins, rising consumer spending, and 2024 momentum drive these investments.
The major indexes retreated, with Treasury yields climbing to four-month highs.
Kamala Harris lost 2024 US election, 10 large-cap stocks performed poorly: Moderna, Honda, Akamai, ADS, AstraZeneca, Pinterest, MercadoLibre, First Solar, POSCO, Floor & Decor