|Bid||180.36 x 800|
|Ask||192.04 x 800|
|Day's Range||191.23 - 193.50|
|52 Week Range||168.10 - 213.17|
|PE Ratio (TTM)||113.97|
|Beta (3Y Monthly)||1.04|
|Expense Ratio (net)||0.43%|
Consumer discretionary stocks, of those companies which offer goods and services which are desirable to consumers when they have sufficient means, were able to ride out some of the overall downward pressures on the stock market in late 2018. While many sectors plummeted in the final weeks of the year as a result of increasing trade tensions, geopolitical events and more, consumer discretionary companies were more likely than many of their rivals to see a boost from holiday shopping. For investors interested in broad exposure to the consumer discretionary space, exchange-traded funds (ETFs) remain a strong option.
Though the last quarter of 2018 was the worst in a decade for Amazon, it still has plenty to offer for investors, putting related ETFs in focus.
For the third quarter, analysts are expecting Southwest Airlines (LUV) to have 5.7% YoY (year-over-year) growth in revenue to $5.6 billion. In the first quarter, its revenue grew 1.2% YoY to $4.9 billion. For the second quarter, its revenues were flat at $5.7 billion. LUV’s Flight 1380 accident subdued bookings, resulting in no revenue growth.
Due to increasing crude oil prices, Southwest Airlines (LUV) expects fuel costs to rise more in the third quarter. It expects a rise of $2.25 per gallon, which is slightly higher than $2.21 per gallon that it guided for after its second-quarter results. In the second quarter of 2017, the price of fuel was $1.99 per gallon.
Most ETFs with heavy Amazon exposure are experiencing an uptick today as the online retail company reported its second-quarter earnings on Thursday, trouncing expectations with an earnings per share figure ...
Online retailer Amazon is ready to shake up the drugstore market as the company announced it would acquire online pharmacy PillPack. ETFs with the heaviest Amazon exposure were mostly down in the early ...
The Bureau of Economic Analysis (or BEA) released its second estimate for the first-quarter real GDP on May 30. The report indicated that all four major components had a positive contribution to GDP growth in the first quarter. The service sector (IYC) was the second-highest contributor to US economic growth.
The “Job Openings and Labor Turnover Survey” (or JOLTS) data for March was reported on May 8 and contains key information about job openings and total separations. The total number of separations include layoffs, retirements, and voluntary quits. As per the latest JOLTS report, the total separations for March came in at 5.3 million at a rate of 3.6% of the total workforce, an increase from the February reading of 5.2 million and 3.5%, respectively.
The “Job Openings and Labor Turnover Survey” (or JOLTS) data for February was reported on April 13, and it contains information about job openings and total separations. The total number of separations includes layoffs, retirements, and voluntary quitting. As per the latest JOLTS report, the total separations for February was 5.2 million at a rate of 3.5% of the total workforce and a decrease from the January reading of 5.9 million and 4.1%, respectively.
The Institute of Supply Management (or ISM) releases a monthly report on economic activity in the non-manufacturing sector or the services sector. This report has a similar format as the manufacturing sector report and is prepared by conducting a survey of purchasing and supply executives in these sectors. In March, the service sector continued to grow but at a slower pace.
January’s JOLTS (Job Openings and Labor Turnover Survey) data, which contains information about job openings and total separations, was reported on March 16. The separation total includes layoffs, retirements, and voluntary quits. Total separations in January stood at 5.9 million, representing 4.1% of the total workforce and a minor increase from the December reading of 5.1 million.
The Zacks Analyst Blog Highlights: First Trust NASDAQ, Guggenheim Solar, iShares U.S. Aerospace, Spirited Funds and iShares U.S. Consumer
President Donald Trump cites plans of producing a $1.5-trillion infrastructure bill; tax reform and strong consumer confidence expected to benefit consumer and financial sector.
The renamed communication services sector will combine select technology and consumer discretionary stocks with current telecommunication services names.