|Bid||90.69 x 800|
|Ask||107.97 x 1100|
|Day's Range||104.76 - 106.79|
|52 Week Range||81.16 - 117.70|
|Beta (3Y Monthly)||1.47|
|PE Ratio (TTM)||37.33|
|Earnings Date||May 22, 2019|
|Forward Dividend & Yield||1.92 (1.83%)|
|1y Target Est||116.82|
MOORESVILLE, N.C. , March 22, 2019 /PRNewswire/ -- The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of forty-eight cents ($0.48) per share, payable May ...
[Editor's note: This story was previously published in February 2019. It has since been updated and republished.]When the stock market marches higher, it pushes the prices of many companies higher along with it. But as investors bid up good and bad businesses alike, that can make it hard to discern which companies are the best dividend stocks for long-term investors. That's especially true in the world of dividends.In this income-centric world, income-starved investors face great temptation to reach for high-dividend stocks that offer juicy yields. Fortunately, Simply Safe Dividends identified the nine best dividend growth stocks that investors can rely on for secure, fast-growing income.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThese companies all have very healthy Dividend Safety Scores, which measure a firm's most important financial metrics to gauge how likely it is to cut its dividend in the future. * 7 Beaten-Up Stocks to Buy as They Reverse Course Let's take a look at nine of the safest dividend stocks in the market. These dividend-paying companies generate excellent free cash flow, maintain safe payout ratios, are committed to rewarding shareholders with healthy dividend increases and have bright long-term outlooks.Source: Mike Mozart via Flickr (modified) Lowe's (LOW)Dividend Yield: 1.81% 5-Year Annual Dividend Growth Rate: 21.70% Year-to-Date Gain: 14.21%Lowe's Companies, Inc. (NYSE:LOW) is the world's second-largest home improvement retailer.With more than 65 years of existence, this dividend stock has gained recognition as one of the trusted national brands. Over the years, Lowe's has developed an extensive line of thousands of products for maintenance, repair, remodeling and decorating across lumber and building materials, tools and hardware, lawn and garden, paint, kitchens, outdoor power equipment and home fashion categories.The company serves a wide spectrum of "do-it-yourself" and "do-it-for-me" customers, including homeowners, renters and professional contractors from different construction trades.A large footprint of conveniently located stores across the U.S., an extensive range of products, a well-known brand and a diversified customer base are Lowe's key competitive advantages.The home improvement industry is also poised to grow as consumer confidence remains high, employment continues rising and home prices climb higher. This should lead to better growth prospects for the company and its dividend.Lowe's has an impeccable record of not only paying but also increasing its dividend since 1961, growing it by over 20% annually in the last five years. Lowe's forward price-earnings (P/E) ratio of 25.85 seems reasonable for a company of this quality.Source: Becky Wetherington via Flickr (modified) Honeywell (HON)Dividend Yield: 2.07% 5-Year Annual Dividend Growth Rate: 12.5% YTD Gain: 20.61%Honeywell International Inc. (NYSE:HON) is a diversified global technology and manufacturing company supplying industrial products, software and services to a diversified set of customers.Honeywell operates through four segments: aerospace; home and building technologies; performance materials and technologies and safety and productivity solutions .The company serves customers through a wide variety of products and services in aerospace, control, sensing and security. It also sells specialty chemicals and advanced materials as well as energy efficiency products.Simply put, Honeywell has invented key technologies that address some of the world's most critical challenges around energy, safety, security, productivity and urbanization. With a broad portfolio of physical products and software, the company has uniquely positioned itself to sell comprehensive solutions for homes and businesses across many industries.A broad portfolio of technology, extensive products and services, a global distribution network, and a presence in growing areas like the Internet of Things and energy efficiency are Honeywell's key strengths. * 10 Stocks on the Rise Heading Into the Second Quarter A track record of strong financial performance and a healthy payout ratio have enabled the company to grow its dividend by 11.5% per year over the last five years. Honeywell has paid uninterrupted dividends for more than two decades.The company's earnings per share are expected to rise nearly 10% this year. It should, therefore, continue its impressive dividend growth streak with high-single to low-double-digit annual payout growth in the future as well.Source: Shutterstock Apple (AAPL)Dividend Yield: 1.5% 3-Year Annual Dividend Growth Rate: 11.20% YTD Gain: 20.25%Apple Inc. (NASDAQ:AAPL) is one of the world's most valuable companies and one of the largest positions in Warren Buffett's dividend stock portfolio.Apple is the world's second-largest smartphone company, accounting for more than 10% of the global market share. The iPhone, iPad, Mac, Apple Watch and Apple TV are Apple's key products, with the iPhone representing over the majority of its 2018 sales. These products are globally recognized for their high quality, premium brand and ease-of-use, allowing Apple to enjoy substantial pricing power.In addition, the company also owns a portfolio of consumer and professional software such as iOS, macOS, watchOS and tvOS operating systems that act as key differentiators. Apple's products and solutions are known for their innovative design, user-friendly experience and seamless integration. All these innovative products have established Apple's supremacy in the mobile space, and the company invests around 5% of its revenues on R&D activities to stay ahead of competitors.Moreover, only Apple devices run iOS, which means that if customers want to remain within the Apple ecosystem, they must continue buying iOS devices. This results in sticky customer relationships. Its sales of games, music and other digital content through the iTunes store is another high-margin cash flow stream that keeps growing every year.A leading brand name, global geographical presence, impressive product portfolio and super-sticky customer relationships have helped form a huge moat around Apple's business.Apple started paying dividends again in 2012 and it has seen its payout grow by approximately 13.5% annually over the last three years. It last raised its payout by 16%.Given Apple's leading market share, loyal customers, innovative products and hoard of cash on the balance sheet, the company should continue raising its dividend at a strong pace in the future as well.Source: U.S. Embassy Kyiv Ukraine via Flickr (Modified) Medtronic (MDT)Dividend Yield: 2.14% 5-Year Annual Dividend Growth Rate: 13.30% YTD Gain: 4.3%Medtronic plc. Ordinary Shares (NYSE:MDT) is a leading medical technology, services and solutions company serving hospitals, physicians, clinicians and patients worldwide. It owns a portfolio of medical products, therapies and procedures for a wide range of medical disciplines.Medtronic's operating segments are classified into cardiac and vascular, minimally invasive therapies, restorative therapies and diabetes groups. The U.S. is Medtronic's largest market, followed by Western Europe, Japan and emerging markets.With nearly seven decades of existence, Medtronic has developed a strong reputation globally and claims to improve the lives of two people every second. Some of Medtronic's key innovations include the world's smallest pacemaker and artificial pancreas.As a leader in medical technology and solutions, Medtronic stands to benefit from growing healthcare needs as the global population ages. The business also benefits from meaningful barriers to entry created by various regulations from the U.S. Food and Drug Administration and other government agencies. * Top 7 Service Sector Stocks That Will Pay You to Own Them Thanks to its product innovation and conservative management, the company has increased its dividend for 40 years in a row and last raised its dividend by 8.7% in 2018.Given the company's technology leadership and unmatched breadth and scale, Medtronic should be able to continue its dividend growth streak at a high-single-digit rate going forward. Investors can learn more about Medtronic's competitive advantages and business profile here.Source: Shutterstock Texas Instruments (TXN)Dividend Yield: 2.74% 3-Year Annual Dividend Growth Rate: 57.50% YTD Gain: 19%Texas Instruments Incorporated (NASDAQ:TXN) is one of the largest designers and sellers of semiconductors globally. It develops analog integrated circuits and embedded processors that are subsequently sold to electronics manufacturers. The company's product portfolio consists of tens of thousands of products that are used to accomplish many different things, such as converting and amplifying signals, interfacing with other devices and managing and distributing power.Texas Instruments' focus on these segments provides a combination of stability and strong cash generation, owing to the products' long product life cycles and low capital-intensive manufacturing.Leading industry products, a diverse portfolio, unique technologies and manufacturing scale and a strong reputation enable Texas Instruments to generate stable and recurring cash flows.As a result, Texas Instruments has paid uninterrupted dividends since 1962 and it has recorded an impressive annual dividend growth rate of approximately 34.2% over the last three years.Last year marked the company's 14th consecutive year of dividend increases, wherein Texas Instruments raised its dividend by nearly 25%.Given its predictable cash flow generation, impressive dividend track record and reasonable payout ratio,, the company should be able to continue rewarding shareholders with double-digit dividend growth in the years ahead.Source: Shutterstock Costco (COST)Dividend Yield: 0.95% 5-Year Annual Dividend Growth Rate: 12.8% YTD Gain: 17.1%Costco Wholesale Corporation (NASDAQ:COST) is a membership warehouse club with more than 500 U.S. store locations that provide merchandise at low prices to its members. Costco sells a wide range of products, including packaged foods, groceries, appliances, cleaning supplies, clothing and electronics.The company is the world's second-largest retailer by sales and it generates the majority of its sales in North America. Costco's membership base is growing with a renewal rate of over 90% as of its December 2018 quarter.Over its 35 years of existence, Costco has succeeded in providing a great customer experience by blending together the convenience of specialty departments and a selection of wide merchandise at affordable prices. It has become a trusted name owing to its low cost and quality merchandise. * 7 Small-Cap Stocks That Make the Grade The company buys directly from many producers of national brand-name merchandise and sends products directly to its warehouses, eliminating multi-step distribution costs. High sales volumes, rapid inventory turnover, efficient distribution and self-service warehouse facilities also ensure high operational efficiency.A large and loyal customer base, economies of scale, a diverse mix of merchandise, and strategically-located warehouses are Costco's major competitive advantages.Analysts expect Costco's sales growth to sit in the mid-single-digits range over the long-term, which could result in 8%-9% annual earnings growth in the coming years. Costco could, therefore, continue its solid pace of dividend growth.Source: Shutterstock American Tower (AMT)Dividend Yield: 1.85% 3-Year Annual Dividend Growth Rate: 23.20% YTD Gain: 24.35%American Tower Corp (NYSE:AMT) is a leading owner, operator and developer of multitenant communications real estate. The company was formed in 1995 as a unit of American Radio Systems and it was spun off in 1998 when that company merged with CBS Corporation.American Tower reports its results in five segments U.S. (59% of 2016 sales), Asia (14%), EMEA (9%) and Latin America (17%) property, and services (1%). It owns a portfolio of over 170,000 communications sites.American Tower leases space on its communications sites to wireless service providers, radio and television broadcast companies, government agencies and tenants in a number of industries. Its top tenants include well-known names like AT&T Inc. (NYSE:T), Verizon Communications Inc. (NYSE:VZ), T-Mobile Us Inc (NASDAQ:TMUS) and Sprint Corp (NYSE:S).The real estate investment trust derives most of its revenue from tenant leases, which typically have an initial non-cancellable term of ten years with multiple renewal terms, as well as provisions for annual price increases. It is difficult for tenants to find suitable alternative sites and as such the lease renewal rates are generally high.Moreover, the incremental operating costs associated with adding new tenants to an existing communications site are relatively low and annual capital expenditures to maintain communications sites are also not high. All these factors provide high cash-flow visibility and excellent profitability for American Tower.American Tower should keep growing its earnings as demand for wireless services and data grows in the coming years. A global asset base, recession-proof demand for its sites, long-standing relationships with customers and low cash-flow volatility provide a moat around American Tower's business.Simply put, wireless tower companies possess many attractive qualities. That's probably why Crown Castle International (CCI), one of American Tower's peers, is a position in Bill Gates' dividend stock portfolio.Given American Tower's history of double-digit growth in property revenue and the near-tripling of its dividend in just the past five years, shareholders can likely expect at least 20% annual dividend growth in the years ahead.Source: Shutterstock Becton, Dickinson and Company (BDX)Dividend Yield: 1.25% 3-Year Annual Dividend Growth Rate: 29.10% YTD Gain: 8.8%Becton, Dickinson and Co (NYSE:BDX) is a global medical technology company engaged in the development, manufacture and sale of a broad range of medical supplies, devices, laboratory equipment and diagnostic products. The company uses independent distribution channels to distribute its products both in the U.S. and internationally.Europe, EMA, Greater Asia, Latin America and Canada are Becton Dickinson's major international markets. Becton Dickinson is also growing its presence in emerging markets.The company has major R&D facilities located in North America, China, France, India, Ireland and Singapore. BDX's customer base is also quite diverse, ranging from healthcare institutions, life science researchers and the pharmaceutical industry to clinical laboratories and the general public.Diversification across geographies, customers and products, strong R&D capabilities and a portfolio of successful brands are Becton Dickinson's key competitive advantages. With more than a century's worth of operating experience, the company is known for providing integrated products and services that seamlessly support healthcare providers across care areas. Its acquisition of C.R. Bard is also expected to create a stronger company in the future.Becton Dickinson is a dividend aristocrat with 46 years of consecutive dividend growth. It has grown its dividend at an impressive 10% compound annual growth rate over the last five years. * 15 Stocks That May Be Hurt by This Year's Big IPOs With its need to restore its balance sheet after acquiring C.R. Bard, dividend growth over the near-term will likely remain below the company's historical double-digit pace. However, with earnings expected to grow over 10% this year, it won't be long before investors are once again rewarded with strong payout growth.Source: Shutterstock ADP (ADP)Dividend Yield: 2.03% 5-Year Annual Dividend Growth Rate: 7.6% YTD Gain: 19.3%Automatic Data Processing (NASDAQ:ADP) is a top global provider of cloud-based Human Capital Management (HCM) solutions, and a leader in business outsourcing services, analytics and compliance expertise.Automatic Data Processing's business can be categorized into two reportable segments -- Employer Services and Professional Employer Organization Services. By geography, the U.S. is its largest market, accounting for most of its revenues followed by Europe, Canada and other .Automatic Data Processing provides a host of services ranging from recruitment to talent management to retirement that help customers improve their business results and alleviate the pain from non-core, administrative tasks.The company serves over hundreds of thousands of clients ranging from small and mid-sized to large organizations operating in more than 110 countries around the world. It caters to the needs of more than 70% of the Fortune 500 companies.Automatic Data Processing is responsible for making payments to approximately one out of every six U.S. workers and nearly 13 million workers internationally. In addition, its mobile applications enable over 10 million of its clients' employees to easily access to their HR information.With six decades of experience, Automatic Data Processing has developed deep insights and cutting-edge technologies that have transformed human resources from a back-office administrative function to a strategic business advantage.A client-centric approach, long-standing customer relationships, extensive experience in payroll services and a growing demand for cloud platforms are Automatic Data Processing's biggest advantages.The company has raised its dividend for 43 years in a row,. Automatic Data Processing's earnings-per-share is expected to rise over 10% this year, which should allow dividends to continue compounding at a high-single-digit rate over the medium-term.As of this writing, Brian Bollinger was long LOW, MDT, AMT, BDX, and ADP. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Video Game Stocks to Power Up Your Portfolio! * 7 Forever Stocks to Buy for Long-Term Gains * 5 Self-Driving Car Stocks to Buy Compare Brokers The post 9 Super-Safe-Growth Stocks for Long-Lasting Dividends appeared first on InvestorPlace.
Dancing with a fairly significant stumble after losing ground on Tuesday and Wednesday, the bulls opted to renew their bullishness on Thursday. The S&P 500 gained 1.09% in yesterday's action, leading the index to its best close since early October.Apple (NASDAQ:AAPL) offered the biggest helping hand, gaining 3.7% as investors wade in before Monday's event that will unveil its new on-demand video platform. Micron Technology (NASDAQ:MU) actually logged the bigger gain, however, advancing nearly 10% after posting second-quarter numbers that hinted at a turnaround taking shape in the second half of the year.They weren't all winners though. Biogen (NASDAQ:BIIB) plunged nearly 30% after the biopharma company decided to cancel the development of Alzheimer's drug aducanumab due to its ineffectiveness.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNone of those names are well suited for speculation as Friday's trading action kicks off, however. Rather, it's the stock charts of Morgan Stanley (NYSE:MS), Lowe's Companies (NYSE:LOW) and AT&T (NYSE:T) that hold the most promise, as each is only on the cusp of moving past catalytic levels. Morgan Stanley (MS)This week has been an especially tough one for banking and finance stocks. News that the Federal Reserve was going to put the brakes on its rate-hike plans upended these names, as the higher interest rates on the radar had led investors to believe bank earnings would also grow. Now they're not going to. * 10 Stocks on the Rise Heading Into the Second Quarter Curiously though, Morgan Stanley shares bounced on Thursday while most other financial names continued to lose ground. In context though, not only does the rebound make sense, it sets the stage for a major breakout thrust. Click to Enlarge • The big line in the sand now is around $45, plotted in yellow on the daily chart. That's where Morgan Stanley topped out the last two times it peaked.• MS shares have also already made their way above the upper edge of a falling trading range that has guided shares lower since early 2018.• Yesterday's reversal took shape right as the purple 50-day and gray 100-day moving average lines were revisited. This is the ideal spot to stage rekindled bullishness. Lowe's Companies (LOW)It has likely got more to do with the perceived rebound of the home-construction market and an encouraging outlook for remodeling spending this year. But whatever the reason, Lowe's Companies shares have largely confirmed that the uptrend put into motions in January is the real deal. Click to Enlarge • In December and January, the white 200-day moving average line acted as resistance. Once it was clearly in February though, it turned into support that prodded the current surge.• We're also nearing a so-called golden cross, where the purple 50-day moving average line moves above the 200-day average. This is often a sign of the beginning of a big bullish move.• Zooming out to a daily chart of LOW, we can see the path is cleared for a move to the $125 area, where the upper boundary of the trading range in place since late 2017 awaits. AT&T (T)The past two and a half years have been miserable ones for AT&T shareholders. From a peak near $43 in late 2016 to a low of less than $27 in December of last year, this blue chip has been very un-blue-chip-like. It's not like the past few weeks have offered any decisive hints that things are finally on the mend.There are a handful of very subtle but very telling clues, however, that point to real bullishness ahead if T shares can work past one important technical ceiling. Click to Enlarge • That ceiling is right around $31.40, where the stock peaked a couple of different times this year, and where the white 200-day line waits. The 200-day line has been a big problem for AT&T for a few months now.• Backing out to a weekly chart we can see T shares have already made a move above the falling resistance line -- plotted in yellow -- that's been guiding it lower since early 2018.• Still, this is a stock that has given us bullish headfakes before.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Specialty Retail ETFs to Buy the Industry's Disruption * 5 Stocks To Buy for the Happiest Employees * 3 Out-of-Favor Consumer Stocks to Buy Compare Brokers The post 3 Big Stock Charts for Friday: AT&T, Morgan Stanley and Lowe's Companies appeared first on InvestorPlace.
Williams-Sonoma Beats Analysts’ Fourth-Quarter Estimates(Continued from Prior Part)Fourth-quarter performance In the fourth quarter, Williams-Sonoma’s (WSM) comparable-brand revenue grew 2.4%, just missing analysts’ expectation of 2.5%. The
Retail stocks were hammered in late 2018 amid concerns that the global economy was slowing and that the global consumer was consequently losing confidence. The SPDR S&P Retail ETF (NYSEARCA:XRT) dropped 30% from early September 2018, to late December.Then, the post-Christmas rally happened. Retail stocks, and the market in general, staged a huge turnaround the day after Christmas. They have stayed on a solid uptrend ever since because global economic fundamentals have started to stabilize and improve, while the global consumer has regained confidence in 2019.All in all, the S&P Retail ETF is up 15% since Christmas Eve.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFor the most part, this rebound in retail stocks should continue because the fundamentals continue to improve. Trade and FX headwinds are becoming less severe. The rate hiking headwind has turned into a accommodating monetary policy tailwind. Consumer confidence metrics across the globe, and in particular the U.S., are bouncing back. Job markets globally remain healthy. Wages globally are heading higher.Overall, the economic fundamentals today continue to support a strong retail environment for the foreseeable future. Consequently, the early 2019 rebound in retail stocks should continue over the next several months. * 10 Stocks on the Rise Heading Into the Second Quarter Which retail stocks will lead this continued rebound? Let's take a deeper look. Nike (NKE)Source: rodrigofranca via Flickr Category: Athletic Apparel % Gain Since Dec. 24: 28%Shares of global athletic apparel giant Nike (NYSE:NKE) have been on a tear in 2019. Since bottoming out in late 2018, Nike stock is up nearly 30%, and now trades at fresh all-time highs.Why the big rally? Nike has continued to expand its dominance in the athletic-apparel category using faster-than-peer product innovation -- an enhanced direct retail strategy -- and unique marketing campaigns that have energized the core customer base. As Nike has done this, North America sales growth has come back into solidly positive territory. International growth has remained hot. Margins have recovered. And the whole company is back to firing on all cylinders.This rally in Nike stock will continue because this dominance is nothing new. Nike has dominated the athletic-apparel scene for over twenty years now. Time and time again, competitors arise and threaten Nike's dominance. Time and time again, Nike responds effectively, crushes the competition and only expands its dominance. This will continue to happen for the foreseeable future, and it will keep Nike stock on a long-term upward path. Home Depot (HD)Source: Shutterstock Category: Home Improvement % Gain Since Dec. 24: 17%Shares of Home Depot (NYSE:HD) dropped big in late 2018 amid concerns that the U.S. housing market was finally cooling after years of red-hot growth. But as financial markets have rebounded in 2019, so has Home Depot stock. It's up nearly 20% since late 2018.Why the big turnaround? U.S. housing market fundamentals have stabilized and improved in 2019. Specifically, the Fed went from hawkish to dovish, and stopped hiking rates. That caused mortgage rates, which had been on a sharp run up in late 2018, to fall big in early 2019. Also, consumer confidence has bounced back, wages have continued to rise, the unemployment rate remains low, housing starts have come roaring back and home-improvement-related retail sales rose over 8% year-over-year in January 2019. * 5 Stocks To Buy for the Happiest Employees All these improvements will continue so long as U.S. economic fundamentals remain solid, which they should. Americans will keep buying and remodeling homes. And Home Depot's sales and profits will continue to rise. As such, so long as the U.S. economy remains on solid footing, the rebound in Home Depot stock should persist. Lowe's (LOW)Source: Mike Mozart via Flickr (modified) Category: Home Improvement % Gain Since Dec. 24: 20%The story at Lowe's (NYSE:LOW) parallels the story at Home Depot. The stock was killed in late 2018 on slowing U.S. housing market concerns. It's rebounded in a big way in 2019 as housing market fundamentals have stabilized and improved.Importantly, though, Lowe's appears to finally be gaining share against Home Depot for the first time in a long time. For the past several years, Home Depot has consistently out-comped Lowe's in a sign that Home Depot was gaining market share and Lowe's was losing market share. But to end 2018, the gap between Lowe's and Home Depot's comparable sales growth was the narrowest it's been in two years. In January 2019, Lowe's actually out-comped Home Depot.The implication? For the first time in a long time, Lowe's is leveling the playing field with Home Depot and actually gaining share in the home improvement market. Lowe's stock is still materially cheaper than Home Depot stock. As such, as home improvement stocks continue to rebound, Lowe's stock could be the big winner. Target (TGT)Source: Mike Mozart via Flickr (Modified) Category: General Merchandise % Gain Since Dec. 24: 26%In late 2018, shares of Target (NYSE:TGT) fell off a cliff as investors were spooked by slowing comparable sales growth and compressing margins against the backdrop of a slowing U.S. economy. Target stock dropped big. But it's also rebounded big since then, staging a 26% rally since Christmas Eve.The turnaround in Target stock was powered by a few things. First, the U.S. economy stopped slowing and started stabilizing. Second, the U.S. consumer regained confidence in early 2019 and general merchandise retail sales rose 2.2% in January 2019. Third, Target reported solid holiday-quarter numbers that underscored that Target remains a healthy growth company with a red-hot digital business and stable margins. * 3 Out-of-Favor Consumer Stocks to Buy This turnaround in Target stock will continue because the fundamentals remain favorable and the stock remains cheap. Given stable U.S. economic fundamentals and Target's newly developed omni-channel retail presence, this company projects as a stable low single-digit revenue grower and high single-digit profit grower over the next several years. Yet, Target stock trades at just 13x forward earnings. That's too cheap for that level of growth, meaning this rally in Target stock will persist. Ulta (ULTA)Source: Mike Mozart via Flickr Category: Health & Personal Care % Gain Since Dec. 24: 46%Shares of Ulta (NASDAQ:ULTA) have been on a roller coaster ride over the past several months. In late 2018, Ulta stock dropped nearly 30% in just over a month. In 2019, however, Ulta stock has rebounded by nearly 50% in just over two months.The big selloff in late 2018 was the result of a below-consensus holiday-quarter guide converging on a rich valuation. The big rebound has been the result of the company blowing the lid off that below-consensus guide and reporting very strong holiday-quarter numbers. It also helps that comparable sales growth accelerated, margins expanded and the forward guide was strong -- all against the backdrop of a resurgent U.S. consumer. Now, Ulta stock is now making new highs.Ulta stock will continue to make new highs for the foreseeable future because this company is getting its groove back. New product launches in late 2018 helped reinvigorate comparable sales growth back to the near 10% range. These new product launches will continue to drive healthy customer enthusiasm and traffic gains through 2019. As they do, Ulta's revenues and profits will continue to impress, and Ulta stock will stay on an uptrend. Foot Locker (FL)Source: Shutterstock Category: Athletic Apparel % Gain Since Dec. 24: 22%Foot Locker (NYSE:FL) stock dropped big in late 2018 amid slowing U.S. economy concerns. But as the U.S. economy has stabilized, Foot Locker stock has rebounded.The rebound in Foot Locker stock has been especially large (over 20% since Christmas Eve) because of a strong holiday-quarter earnings report that underscored healthy operating fundamentals for the company. Comps rose 10%. Margins expanded in a big way. Inventories fell. The guide was healthy. Investors cheered. Foot Locker stock popped. * 3 Bank Stocks Whacked Down by the Fed In the big picture, Foot Locker's numbers have been getting better for a long time now. Now, they are finally good again, and this tells me that the worst is in the rearview mirror for FL. Going forward, Foot Locker will remain an important and stable player in the athletic-apparel retail landscape. FL's growth profile, coupled with the current 11x forward earnings multiple, should be enough to keep Foot Locker stock on a winning path. Best Buy (BBY)Source: Best Buy Category: Electronics % Gain Since Dec. 24: 43%In late 2018, there was a rumor flying around that the consumer electronics space was rapidly slowing. Consequently, shares of Best Buy (NYSE:BBY) dropped nearly 50% in a matter of three months.That rumor was a bunch of hot air. In early 2019, Best Buy reported strong holiday-quarter numbers that included positive comparable sales growth, big digital sales growth, margin expansion and an above-consensus full-year guide. Those numbers were proof that Best Buy remains the leader in the still-growing consumer electronics space. Consequently, Best Buy stock rallied.Still, Best Buy stock is pretty cheap at just 12x forward earnings. That's too cheap for Best Buy, a company which should report positive comps and healthy margins for the foreseeable future thanks to secular tailwinds (the widespread emergence of IoT and AI technologies). As such, a cheap valuation and favorable growth fundamentals should keep BBY stock on an upward trend for the foreseeable future.As of this writing, Luke Lango was long NKE, HD, TGT, FL, and BBY. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Specialty Retail ETFs to Buy the Industry's Disruption * 5 Stocks To Buy for the Happiest Employees * 3 Out-of-Favor Consumer Stocks to Buy Compare Brokers The post 7 Retail Stocks That Will Continue to Rebound in 2019 appeared first on InvestorPlace.
Morgan Stanley’s Simeon Gutman is ‘gaining confidence’ in Lowe’s, noting its stores are changing for the better and its pro division has room to grow.
The rating approach for securities backed by a single loan compares the credit risk inherent in the underlying collateral with the credit protection offered by the structure. The structure's credit enhancement is quantified by the maximum deterioration in property value that the securities are able to withstand under various stress scenarios without causing an increase in the expected loss for various rating levels.
Home improvement retailer Lowe's Companies Inc. (LOW) may not be as big as Home Depot (HD), but its stock should be at least priced on par with the larger rival. Lowe's generated $3.7 billion in net income on $71.1 billion in sales from 2,133 stores versus Home Depot's $105.5 billion in sales and $8.6 billion in profit from nearly 2,300 stores. Home Depot's forward earnings multiple is 18, while Lowe's is 16.6.
Let's see what to expect from FedEx's Q3 fiscal 2019 financial results, which are due out Tuesday, with larger global market conditions possibly trending in the wrong direction for the shipping and logistics powerhouse.
Shares of Lumber Liquidators Holdings Inc. fell 1.3% in afternoon trade Friday, ahead of the hardwood flooring seller's fourth-quarter results. It may not be a big surprise to see the stock sell off ahead of results--it has tumbled 14.3% this month (the S&P 500 has gained 1.6%). The stock has plunged on the day of the past five earnings reports, by an average of 13.1%. Even though some analysts said $33 million fine levied this week on the company, for making fraudulent statements to investors regarding unsafe flooring sourced from China, removes the last major legal overhand, Wall Street remains unanimously cautious, with all 8 analysts surveyed by FactSet rating the company the equivalent of "hold." Wedbush's Budd Bugatch said in a recent note that he's encouraged by the legal progress, there's still uncertainty regarding the underlying store operating model, the lack of resolution of the China tariffs and increasing competition from Home Depot Inc. , Lowe's Companies and Floor & Decor Holdings Inc. .
After reporting a less-than-stellar quarter on Feb. 26, investors began selling shares of Home Depot (NYSE:HD). It hasn't been catastrophic for Home Depot stock, but shares have been under pressure since the report.Source: Shutterstock The numbers of Lowe's (NYSE:LOW) are likely having an effect too. After initially rallying on the report, the stock fell for seven straight sessions. That's caused a lot of investors to ask whether these stocks are worth owning at this point. Spring SeasonInvestors are seemingly overlooking the spring season. When the holidays roll around, of course Home Depot, Lowe's and others do well in sales. Every family's handyman or DIY member is eligible for a home improvement gift, right? Right.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 15 Stocks That May Be Hurt by This Year's Big IPOs But that hardly compares to the numbers that HD stock will put up in the second quarter as homeowners and contractors get to work fixing up houses, cleaning up yards and renovating kitchens and bathrooms. As such, Home Depot will bring on 80,000 new workers to account for the increase in demand.The downside to all this? These results show up in Q2, not Q1, which HD is in right now. That said, the silver lining here is that investors have an opportunity to buy or accumulate Home Depot stock while it's under pressure. That's better than buying a stock red-hot into its best numbers. Valuing Home Depot StockHome Depot is a high-quality company, but it's seen better years when it comes to growth. For the current year, estimates call for earnings growth of just 2.2%, despite expectations for 3.2% revenue growth.Estimates for next year improve, where analysts expect 9.3% earnings growth on 4.6% sales growth. Although, it's hard to put too much weight into next fiscal year when we've only just begun this one.So where does that leave HD stock? Shares trade at about 18 times this year's earnings, which isn't necessarily cheap but is also far from expensive. Investors also need to consider the Home Depot's 3% dividend yield down near these levels.Over the last six years, Home Depot has traded with a trailing price-to-earnings (P/E) ratio of 20 on the low end and 25 on the high end. So below this mark now, it's technically undervalued vs. its recent five-year history.Further, assuming one overlooks the December selloff, they'd have to go all the way back to 2011 to find HD stock paying out a higher dividend yield. That's following the company's 32% boost last month.Home Depot is making the investments necessary to makes its online game stand tall against companies like Amazon (NASDAQ:AMZN), has a below-average valuation vs. its historical range and is paying out a 3% dividend yield. I'll admit that the growth is somewhat stagnant for the year, but there's a lot to like about HD stock for the patient investor. Trading HD Stock Click to EnlargeHome Depot has fallen about $10 from its pre-earnings levels, but that ~5% loss isn't too hard for most investors to stomach. For now, the 50-day moving average is propping up HD, while the 61.8% and 38.2% Fibonacci retracements are keeping it range bound.A break of either one of those Fib levels will likely send that stock in the continued direction. Meaning, a break below the 38.2% Fib will likely send HD stock lower and a breakout over the 61.8% Fib will likely send Home Depot higher.At this point though, with the lack of a real catalyst, the risk is to the downside. Should Home Depot stock lose the 50-day and subsequently Fib support, the stock could see $170 again.In that sense, investors who want to trade HD stock can go long near current levels, with a stop-loss on a close below this key area. Long-term investors though may consider this an advantageous spot to add to their position.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Stocks Sitting on Huge Piles of Cash * The 10 Best Stocks to Buy for the Bull Market's Anniversary * 7 Dividend Stocks With Big Yields Compare Brokers The post Now Is One of the Best Opportunities to Buy Home Depot Stock appeared first on InvestorPlace.
Lowe's (LOW) delivered earnings and revenue surprises of 0.00% and -0.46%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?
Lowe's Companies Inc NYSE:LOWView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for LOW with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting LOW. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold LOW had net inflows of $4.55 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. LOW credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Can Home Depot and Lowe’s Stock Price Momentum Continue?(Continued from Prior Part)Home Depot’s valuation multiple The strengthening broader equity market in 2019 has increased Home Depot’s (HD) stock price, which has raised its valuation
Lowe's new management team is undertaking more than a few renovation projects, but it still has a way to go before it's the envy of the home improvement neighborhood.
The bold moves he made in his first few days on the job at the home improvement retailer illustrate a philosophy that other leaders would do well to emulate.
Habitat for Humanity of Charlotte and Lowe’s Cos. Inc. teamed up Friday for an International Women Build Day.
Can Home Depot and Lowe’s Stock Price Momentum Continue?(Continued from Prior Part)Analysts’ revenue expectationsLowe’s Companies’ (LOW) management team expects the company’s revenue to rise 2.0% in 2019 with positive SSSG (same-store
Can Home Depot and Lowe’s Stock Price Momentum Continue?(Continued from Prior Part)Analysts’ revenue expectations For 2019, Home Depot’s (HD) management has set a revenue growth guidance of 3.3%, which accounts for one extra week of operations
Can Home Depot and Lowe’s Stock Price Momentum Continue?(Continued from Prior Part)Home Depot’s EPS growth In 2018, Home Depot (HD) posted adjusted EPS of $9.89, which represents growth of 32.6% from $7.46 in 2017. HomeDepot’s EPS growth was
Can Home Depot and Lowe’s Stock Price Momentum Continue?(Continued from Prior Part)Home Depot’s SSSGHome Depot (HD) beat Lowe’s Companies’ (LOW) SSSG (same-store sales growth) in all four quarters of 2018. Home Depot posted SSSG of 4.2%,
Can Home Depot and Lowe’s Stock Price Momentum Continue?(Continued from Prior Part)Home Depot’s revenue growth In 2018, Home Depot (HD) posted revenue of $108.2 billion, which represents a rise of 7.2% from $100.9 billion in 2017. The revenue