Consumers are going back to cash saving and lower spending especially with the luxury brands that are not the necessity in life.
Tiffany is facing the same fate and destiny like Coach. Michael Kors is another great example that stock dropped from high $70 to low $40.
Sentiment: Strong Sell
Numbers never lie. After all, Tiffany did miss the earning and warned of lower guidance. CEO's interview spoke of the continuation of margin pressure for its business.
Tiffany's brand name is going down as its products getting sold on auction web sites.
Mark this post. Its chart has shown the bullish hammering pattern.
Sentiment: Strong Buy
If the news today by TIF happening to Macy, Gaps, JC Penny, they would have gotten hugely killed. TIF tankED nearly 8% this morning and now is nearly even. Talk about dead cat bouncing. I think the company is using its cash resource to do shares buying. It won't last though as soon as the buying stop and the investors start selling by the negative news.
Any bounce of the stock shall consider a selling opportunity for a blessing. Take care.
The shares buyback is not going to save the business.
Why Himax Technologies (HIMX) Could Be a Potential Winner
Zacks By Zacks Equity Research
May 20, 2016 7:52 AM
Himax Technologies, Inc.
Why Himax Technologies (HIMX) Could Be a Potential Winner Zacks 5 days ago
One Reason Why Himax Technologies (HIMX) Stock is Advancing Today TheStreet q 7 days ago
It commonly happens in stock investing that investors miss the chance of buying winning stocks that they knew would stand out. Before they take the plunge, others get to know the hidden potential and enter into these stocks, pushing them out of reach.
So, instead of repenting, spotting the off-the-radar potential winners and immediately investing in them could be a smart decision.
One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is Himax Technologies, Inc. HIMX. This semiconductor stock has actually seen estimates rise over the past month for the current fiscal year by about 19.4%. But that is not yet reflected in its price, as the stock lost 10.4% over the same time frame.
You should not be concerned about the price remaining muted going forward. This year’s expected earnings growth over the prior year is significantly high, which should ultimately translate into price appreciation.
And if this isn’t enough, HIMX currently carries a Zacks Rank #2 (Buy) which further underscores the potential for its outperformance (See the performance of Zacks' portfolios and strategies here: About Zacks Performance).
So if you are looking for a stock flying under-the-radar that is well-equipped to bounce down the road, make sure to consider Himax Technologies. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for HIMX and that now might be an interesting buying opportunity.
Sentiment: Strong Buy
My fiance's close friend runs a Pawn Shop at San Jose downtown and you will not believe the amount of jewelries selection and great qualities and name brands they carry in the shop. People are getting wiser about their shopping and saving.
My fiance, my son and my son in law bought all the jewelries from Blue Nile, 3 party web site and jewelries whole seller. The qualities are darn good that are impeccable near perfect. We did not even think about shopping on Tiffany whatsoever.
EBAY is an auction web site. Tiffany now places their jewelries on EBAY website for bidding. No wonder the CEO says he expects the continuation of margin squeeze.
well short of both the $0.49 a share it served up a year earlier and the $0.50 a share that Wall Street pros were targeting. Margins will shrink (which is why it's a good thing you didn't pull the trigger on those confetti shooters).
Best Buy Isn't Dead, but It Is Dying
The consumer electronics superstore chain's shares slumped after it reported a mixed quarter, and its long-term outlook isn't very encouraging.
Things aren't going so well in Circuit City's waiting room. Shares of Best Buy (NYSE:BBY) fell 7% Tuesday after the consumer electronics retailer followed up mixed financials with an uninspiring near-term outlook.
The first quarter of Best Buy's fiscal 2017 wasn't horrible. Revenue slid 1.4% to $8.4 billion, but that was the handiwork of an 8% decline internationally and the closing of several namesake superstores and Best Buy Mobile locations.
Store-level comps dipped just 0.1% -- but that's a metric worth digging into deeper. Best Buy divides its online sales -- up 24% and now accounting for 10.6% of its domestic revenue versus 8.5% a year ago -- into its existing store sales to pad comps. That's not cheating. A growing number of retailers do this, and many online sales at Best Buy originate at its stores or consist of online orders that are picked up a physical storefront. However, we still can't assume that store-level activity is merely flat.
The news gets better on the way down to the bottom line, with adjusted earnings up 10% to $144 million. Aggressive share buybacks over the past year are pumping up its profitability on a per-share basis; EPS is up 19% to $0.44 a share.
Best Buy exceeded analysts' expectations for the quarter, and expanding margins on flat sales are certainly the type of numbers that confetti shooters were made for. However, then we get to Best Buy's take on the current quarter. It sees another period of flat comps with international sales dragging down overall performance. It sees $8.35 billion to $8.45 billion in revenue for the fiscal quarter that closes at the end of July, 1% to 2% below the prior fiscal second quarter's tally. The real dagger is its profit outlook. It expects to clock in with adjusted earnings of between $0.38 a share and $0.42
Mark my post.
Don't touch this stock for more than $27.