|Bid||1,021.00 x 100|
|Ask||1,022.30 x 400|
|Day's Range||1,022.52 - 1,034.97|
|52 Week Range||710.10 - 1,034.97|
|PE Ratio (TTM)||193.73|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The National Retail Federation estimates that shoppers with children in K-12 will spend a total of $29.5 billion this year, with $4.9 billion going toward school supplies like notebooks and backpacks. According to WikiBuy, a price comparison site, families might spend more on back to school supplies if they only shop on Amazon than if they shopped elsewhere. After tracking 200 standard back to school products over a 30-day period, the study concluded that prices on Amazon could be up to 15% higher on average.
Sears, Amazon, Abercrombie & Fitch, Alibaba, Nike and Qualcomm are among the stocks to watch.
The U.S. retail trailing 12-month high-yield default rate rose to 2.9% in mid-July from 1.8% at the end of June, after J. Crew completed a $566 million distressed debt exchange, according to Fitch Ratings....