Breakout

  • Kroger surges, Pier 1 sinks and Blackberry may be back from the dead

    Breakout Staff at Breakout5 mths ago

    Time for your daily dose of Trending Tickers, the stocks that you're tracking as measured by Yahoo Finance ticker searches. Making the list today are:

    Kroger (KR) - The super market giant is up more than five percent on an earnings beat. We've said it a hundred times - grocery is the most unforgiving business on the planet. Kroger shares have doubled in the last two years and the company has a net margin of 1.5%. Staying alive gets you into the grocery Hall of Fame. Thanks to its purchase of Harris Teeter and successful roll-out of in-house organics, Krogers was able to boost its earnings forecast to a range of $3.19 to $3.27 versus prior outlook of $3.14 to $3.25. At Facebook that'll get you fired but for Kroger it's good for a 5% gain.

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