|Bid||20.10 x 1000|
|Day's Range||23.03 - 23.53|
|52 Week Range||21.51 - 45.41|
|PE Ratio (TTM)||12.50|
|Dividend & Yield||1.51 (6.54%)|
|1y Target Est||N/A|
Here are some possible bargains for income-seeking investors willing to consider contrarian plays.
Nike Inc (NYSE:NKE) is set to report earnings on Thursday after the close. Investors are seemingly torn whether they should be long or short the athletic apparel maker heading into the results. Investors could make a bear case for Nike on this front, but it’s not as bad as it seems.
The national retail vacancy rate rose to 10 percent in the second quarter from 9.9 percent in the first quarter, partly due to new construction that was only partially absorbed by new leasing, Reis said. The mall vacancy rate inched up 0.2 percent to 8.1 percent in the quarter from the earlier quarter due to confirmed closings of Macy's Inc (M.N) stores, the research firm added. Net absorption, which is measured in terms of available retail space sold in the market during a certain time period, fell to 421,000 square feet in the quarter from 2 million square feet in the first quarter, the lowest level since 2011.