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Megcap stocks are making a big comeback, but that doesn't mean the recent rally is thin, BMO Capital Markets says. Read their research.
These three names mark the best cyclical stocks to invest in now amid the current market turmoil. Here's why each is a buy toay.
French retail giant Carrefour (OTC: CRRFY) has partnered with European venture capital firm Daphni to launch Dastore, a venture capital fund....
Like many U.S.-listed stocks, U.S.-listed ETFs have not gotten off to a great start in 2022. Here are 10 funds to buy on the dip.
Market player Jim Cramer does not see stagflation in the U.S. economy given robust consumer spending and impressive retail earnings reports lately. Furthermore, unemployment claims have fallen considerably over the past month, and the recently-signed infrastructure bill is expected to further stimulate the economy. Hence, we think ETFs with exposure to cyclical sectors—Consumer Discretionary Select Sector (XLY), iShares US Consumer (IYC), SPDR S&P Retail (XRT), and Invesco S&P 500 (RCD)—could be ideal bets now. These funds are rated A (Strong Buy) in our proprietary rating system. Read on.
On CNBC's "Fast Money Halftime Report," Jon Najarian said he bought Vipshop Holdings Ltd - ADR (NYSE: VIPS) during the show and he intends to sell calls against it...
April retail sales were only disappointing to the experts, and didn’t deter investors from buying up nearly all stocks. Even consumer-discretionary stocks were strong.
The Dow fought back from an early drop to close in the black, with help from strong consumer data. Shippers UPS and FedEx saw shares rally on the former’s strong earnings.
Next month’s payroll data could be even softer than November’s underwhelming figures. Plus, investment-newsletter commentary on Chinese bond defaults, undervalued stocks, and Tesla’s impact on the S&P 500.
The retail sector is outperforming on the day with the S&P Retail ETF (NYSEARCA:XRT) up 2.44% in comparison to the 1.38% gain for the S&P 500 Index.
The SPDR S&P Retail ETF (XRT +0.5%) is a mild outperformer after retail sales came in solid for July in comparison to expectations."Retail sales are starting the third quarter on a solid footing considering the nosedive we saw this spring, but we have to remember that there’s uncertainty about economic policy and that the resurgence of the virus is putting pressure on the fledgling recovery," notes National Retail Federation Chief Economist Jack Kleinhenz."While households are spending, they are anxious about their health and economic well-being, so they are being pragmatic.
Consumer discretionary took the title of the S&P 500's best-performing sector in July, and there are still ways to benefit from its rally, ETF researchers say.
Retail sales topped expectations for June with a 7.5% increase from May. The June tally was also up 1.6% from a year ago after gas and auto-related sales were stripped out.
The current risk to reward doesn't appear to be in the investors' favor for MGM stock.
76% of Americans plan to celebrate Independence Day this year, down from 86% in 2019, as concerns run high over gathering in large groups or attending public events due to the coronavirus pandemic.Tho
Redbook Johnson reports chain store sales are down 1.4% M/M in June so far and decreased 6.1% Y/Y for the week ending June 20. Month-to-date sales are down 8.0% Y/Y through June 20. Looking ahead, re
The CDC just threw a wrench in Royal Caribbean’s restart plans. If you own RCL stock, you might want to change course.
Q1 E-Commerce Retail Sales: +2.4% Q/Q vs. +2.6% in Q4.E-commerce sales accounts for 11.4% of total sales in 1Q20. ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, PBJ, IYK, FXD, IYC, RHS, FDIS, PEJ, F
Retail sales plummeted 16.2% on a month-to-month comparison and were off 16.0% year-over-year in April after backing out the auto and gas categories. Laggards during the month with eye-popping declin
As the Covid-19 outbreak takes a toll on the restaurant and fast-food industry, YUM stock is likely to stay volatile in the coming weeks.
Jefferise thinks consumer discretionary stocks will outperform staples this year off a favorable macroeconomic backdrop and increase in the gap between Treasury yields and dividend yields.The firm no
U.S. consumers are setting more holiday shopping set records, as job growth and fatter wallets, along with stronger household finances, have put many in a buying mood this season.Marking the biggest s
The disappointing retail sales print was highlighted by weakness across the furniture stores, health/personal care stores, sporting goods stores and department store categories. The nonstore retailer
Consumer discretionary stocks are underperforming the broad market today as trade news wipes away some of the good cheer from a strong Black Friday to Cyber Monday sales performance. The damage is be
The biggest shopping weekend of the year is here and 165.3M Americans are planning to shop or are considering shopping during the holiday, according to the National Retail Federation.Strong numbers co
Adobe Analytics forecasts holiday sales rose 15% from November 1 to November 26 in comparison to a year ago as a much higher percentage of shoppers took advantage of early deals. "With the shorte
Retailers are preparing for one of their biggest weekends of the year, with an estimated 165.3M Americans going shopping Thanksgiving Day through Cyber Monday, according to the National Retail Federat
Retail store stocks are getting pulled in two different directions after Target (TGT +13.3%) dazzled with its earnings report and guidance, while Urban Outfitters (URBN -14.3%) disappointed.Dollar Ge
Q3 E-Commerce Retail Sales: +5.0% Q/Q vs. +4.2% in Q2.E-commerce sales accounts for 11.2% of total sales in 3Q19. ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, PBJ, IYK, FXD, IYC, RHS, FDIS, PEJ, F
More than 172M Americans plan to celebrate Halloween this year and are expected to spend about $8.8B on the holiday, according to the National Retail Federation.That's the third-highest figure in the
U.S. retail sales unexpectedly fell last month, yet shares of a variety of retailers (XRT +0.8%) are outperforming the broader stock market today.Even shares of automakers and auto-parts dealers - whi
It has to be one of the tougher years to issue a holiday sales forecast, but the National Retail Federation is jumping right in. The NRF predicts retail holiday sales will increase between 3.8% and 4
AlixPartners forecasts retail sales in the U.S. will rise between 4.4% and 5.3% this holiday season. Last year, holiday sales disappointed by only rising 2.9%. The global consulting firm says "un
Underneath a mixed retail sales report for August some categories showed strength, while others lagged. Categories showing strong consumer spending included motor vehicle & parts dealers (+6.8% Y