|Bid||24.11 x 800|
|Ask||24.13 x 900|
|Day's Range||23.06 - 24.18|
|52 Week Range||16.05 - 52.44|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||53.41|
|Earnings Date||Jun 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||36.63|
The markets opened the week with more losses, with trade-war worries still on investors' minds. In particular, semiconductor stocks took a hit, but on the flip side, financials showed some resilience. It's a tricky market in the short term and one investors need to be careful with. Let's look at some must-see stock trades for Tuesday. Must-See Stock Trades 1: T-Mobile Click to EnlargeThe FCC chairman gave his OK for the T-Mobile (NASDAQ:TMUS) and Sprint (NYSE:S) merger, sending shares higher by 3.7% and 22%, respectively. It's one more step in getting the deal done. InvestorPlace - Stock Market News, Stock Advice & Trading TipsTMUS shares are jumping to new 52-week highs and over channel resistance on Monday. Interested buyers who were waiting for some clarity before getting long now have their chance. A pullback into prior channel resistance -- now near $77 -- could be their opportunity to get long. * 7 High-Yield REITs to Buy (Even When the Market Tanks) A larger correction down to channel support and the 50-day moving average may also be an advantageous spot to initiate a position. Must-See Stock Trades 2: Broadcom Click to EnlargeBroadcom (NASDAQ:AVGO) stock has been hammered over the past few sessions. The stock fell 6% on Monday and has shed 10.5% over the last three trading days. Where will it bottom? I'm watching to see if AVGO will get down to $260. This $256 to $260 area has been notable over the past year, while the 50% retracement for the one-year range is at $257.70. Further, the 200-day moving average is just below at $253.76 and trending higher. While AVGO already sports an attractive dividend yield of more than 3.9%, that yield would surpass 4% on a pullback to $260. Finally, shares are entering an overbought condition. While I don't really want to dabble much with stocks that could get caught in the trade-war crosshairs, this level offers a reasonable risk/reward in Broadcom stock. Must-See Stock Trades 3: Burrito Breakout? Click to EnlargeChipotle Mexican Grill (NYSE:CMG) is flirting with a potential breakout right now. We highlighted this stock as an important one to watch given how strong it has been in the face of market-wide weakness. Learn to spot the stocks showing relative weakness. In any regard, the $721 level has kept a lid on CMG stock since April, but now shares are pushing through. Coupled with a series of higher lows and all of CMG's moving averages trending higher, and this one looks good for more upside. Look for a slightly lower open on Tuesday to see if CMG maintains or recovers this $721 level. A quick recovery likely sends it to new highs. A false breakout could send shares down to the 50-day. Must-See Stock Trades 4: AT&T I like AT&T (NYSE:T) for its cash flow and dividend, but the stock's aggressive rally on Monday morning certainly caught my eye. The stock has been moving much better over the past few sessions and Monday morning's 4% jolt was nice… at least while it lasted. Click to EnlargeT stock has since given up most of those intraday gains, as the 200-week moving average is -- for now at least -- keeping a lid on the stock. A weekly close over $32.31 would gives us confidence more gains can be had. Otherwise, we'll have to see how T does on a pullback into the $30.40 to $31.40 area and see if it can put in another higher low. AT&T has been doing well, but Monday's pop-and-flop is a bit discouraging. Must-See Stock Trades 5: Stitch Fix Click to EnlargeUp 5% on the day and Stitch Fix (NASDAQ:SFIX) is looking better. However, the stock is far from out of the woods. Shares are lodged in a downtrend and are bouncing off channel support on Monday. I first want to see if SFIX can push through the $24 to $24.35 area. If it can, it sets up a test of its 20-day moving average and channel resistance near $25.32 to $25.50. Above that and it can gain some real momentum, but for now, I'm in the wait-and-see camp rather than the benefit-of-the-doubt camp. * 7 Stocks to Buy for Over 20% Upside Potential If $24 to $24.35 is resistance, look for another test of channel support. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long T. Compare Brokers The post 5 Must-See Stock Trades for Tuesday: TMUS, CMG, T, AVGO appeared first on InvestorPlace.
Using recent actions and grades from TheStreet's Quant Ratings and layering on technical analysis of the charts of those stocks, Trifecta Stocks identifies five names each Friday that look bearish. While we will not be weighing in with fundamental analysis we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names. recently was downgraded to Sell with a D+ rating by TheStreet's Quant Ratings.
SAN FRANCISCO, May 14, 2019 -- Stitch Fix, Inc. (NASDAQ:SFIX), the leading online personal styling service, today announced that it will release its financial results for its.
Wall Street's oversight can work to the advantage of individual investors. See why these out-of-favor stocks present long-term opportunity.
Management is set to present at the JP Morgan Global Tech, Media, and Communications Conference next week, but there's been little specific to Stitch Fix for a couple of months. While the users said they have mixed reactions to some of their "fixes" none planned to discontinue using Stitch Fix as the hits outweighed the misses. Stitch Fix still has plenty of disbelievers as evidenced by the 20% short interest in the stock.
Tractor Supply (TSCO) hikes quarterly dividend by 12.9% to 35 cents per share. The company perks up share buyback program by $1.5 billion, bringing total authorization to $4.5 billion.
Lake, who is elegant in a long spotted dress which looks high-end designer but turns out to be boring old Hobbs, is the chief executive of Stitch Fix, the US etailer and online clothing styling service she started in 2011. While the company will not share the stylists’ average number of clients, it says it monitors stylists’ work and success rate.
Fossil (FOSL) Q1 loss narrows year over year. However, net sales decline due to dismal sales in the company's watches segment in Americas and Europe, partially offset by increase in Asia.
Friday is set to be a big day for U.S. markets, with President Trump expected to push ahead with new tariffs on Chinese imports and Uber -- the unicorn of unicorns that really represents the current VC-backed craze -- debuts in its eagerly awaited IPO.Expectations are extremely high, as billions in private capital has funneled into pre-IPO companies in the hope of getting in early on the next Amazon (NASDAQ:AMZN) or Facebook (NASDAQ:FB). But all the capital available has resulted in many companies staying private longer, avoiding the rush to IPO that typified prior cycles, and thus seeing valuations soar in multiple venture capital funding rounds.Uber could mark the end of this amid a recent rush to get out the door as stocks have pushed to new record highs in recent days. The action has the feeling of musical chairs, with everyone rushing to cash out before the music stops.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Great Stocks to Buy on Dips But with many newly minted IPOs showing modest, at best, financial performance it's unsurprising many are faltering under the scrutiny that comes with being publicly traded. Here are four recent IPOs that have fallen flat: Lyft (LYFT) Click to EnlargeUber's most direct competitor here in the U.S., Lyft (NASDAQ:LYFT), IPO'd in late March to great fanfare only to see its stock crater in the weeks that followed. A fresh breakdown is underway now, taking shares below a two-month consolidation range. Uber is sucking the air out of the room, alongside a drivers' strike and realization that the road to profitability will be long and troubled and unlikely to be driven by the dockless bikes and scooters you see littered on the streets of America's largest cities.The company will next report results on Aug. 6 after the close. The company last reported on May 7 with a loss of $9.02 per share beating estimates by $1.86. Snap (SNAP) Click to EnlargeShares of Snapchat parent Snap (NYSE:SNAP) have crossed back below their 50-day moving average in what looks like the beginning of the end for the powerful uptrend that started in January and saw shares jump more than 50%. Watch for prices to drift lower on profit-taking as SNAP stock remains well below its 2017 IPO price. Analyst opinion has been mixed, with a series of downgrades in April followed by a batch of upgrades in May. * 10 Lithium Stocks to Buy Despite the Market's Irrationality The company will next report results on July 23 after the close. Analysts are looking for a loss of 21 cents per share on revenues of $359.1 million. When the company last reported on April 23, a loss of 10 cents per share beat estimates by 2 cents on a 38.9% rise in revenues. Stitch Fix (SFIX) Click to EnlargeClothes-in-a-box provider Stitch Fix (NASDAQ:SFIX) debuted to great fanfare in late 2017 as it seemed poised to disrupt the fashion industry with its army of stylists and its "try at home" convenience. But shares have lost roughly 50% from their post-IPO high and are mired in a trading range below its 200-day moving average as competitors popped up and heavyweights like Amazon have waded into its territory.The company will next report results on June 10 after the close. Analysts are looking for a loss of 1 cent per share on revenues of $395.1 million. When the company last reported on March 11, earnings of 12 cents per share beat estimates by 7 cents on a 25% rise in revenues. Sonos (SONO) Click to EnlargeBluetooth speaker maker Sonos (NASDAQ:SONO) IPO'd in the summer of 2018 and has since also lost roughly 50% from its post-IPO high. Shares have once again cut below its 50-day moving average and remain mired in a six-month consolidation range. The space is highly competitive, with Amazon and Apple (NASDAQ:AAPL) among the heavyweights pushing into the space as the company lacks a strong economic moat or unique intellectual property. * 7 Tips for New Investors Young and Old The company will next report results on May 9 after the close. Analysts are looking for a loss of 35 cents per share on revenues of $215.6 million. When the company last reported on Feb. 6, earnings of 55 cents per share beat estimates by 11 cents on a 193.5% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Great Stocks to Buy on Dips * 6 Growth Stocks to Buy for the Rest of 2019 * 4 Mega-Cap Stocks to Sell Before They Melt Down Compare Brokers The post 4 IPOs That Have Fallen FlatÂ appeared first on InvestorPlace.
SAN FRANCISCO, May 07, 2019 -- Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, today announced that Katrina Lake, founder and CEO of Stitch Fix,.
Looking for stocks with high upside potential? Just follow the big players within the hedge fund industry. Why should you do so? Let’s take a brief look at what statistics have to say about hedge funds’ stock picking abilities to illustrate. The Standard and Poor’s 500 Index returned approximately 13.1% in the 2.5 months of 2019 (including […]
Amazon.com Inc. is scheduled to report its first-quarter earnings on Thursday after the closing bell, and J.P. Morgan thinks 2019 will be all about revenue growth. “We look for Amazon to stabilize revenue growth more this year, which we believe is important as Amazon remains a growth story and it’s too early for the company to be in harvest mode,” analysts wrote. J.P. Morgan is bullish on Amazon’s (AMZN) prospects, with U.S. e-commerce sales growing and Amazon’s hold on the cloud, with a 70%-plus share of market.
Amazon (NASDAQ:AMZN)has taken another huge step towards becoming an omnichannel retailer. The Seattle-based firm has expanded its alliance with Kohl's (NYSE:KSS).Source: Shutterstock Under the terms of the deal, customers may return the items they purchased on Amazon at all Kohl's stores. Previously, the service was only available at 100 Kohl's stores. * 10 Stocks to Sell Before They Give Back 2019 Gains Although the impact of the deal on Amazon stock remains unknown, the move makes buying producvts on Amazon more like making in-store purchases. It also could eventually enable Amazon to greatly expand its physical-store footprint.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Returns at Kohl's Could Lead to Something BiggerKohl's already sells some items from Amazon in about 200 of its stores. Moreover, some Kohl's stores have an Amazon Smart Home Experience, which places the Alexa smart-speaker ecosystem on display. Now, with all Kohl's stores accepting Amazon returns, Amazon will be able to provide more personalized service to its customers. Consumers tend to feel dissatisfaction with a company when they return items, so adding a personal touch when returns are made can help a company avoid losing customers.However, I think the announcement speaks to a goal that's more directly critical to both AMZN and Amazon stock. Last year, Amazon launched Prime Wardrobe, a "try before you buy" clothing service. The service meets the needs of customers who want to feel and try on clothes before buying them. It also helps AMZN compete with firms such as Stitch Fix (NASDAQ:SFIX). Stitch Fix, another "try before you buy" outfit, uses artificial intelligence (AI) to determine individuals' clothing preferences.Still, some still might feel more comfortable buying clothes at a physical store. Consequently, an expanded alliance between AMZN and KSS or an outright buyout of Kohl's by Amazon would be a logical step for Amazon. Such a step would bring Amazon's Echo, returns, and clothing sales to over 1,100 stores across 49 states. It would also make Amazon a true omnichannel retailer in more areas. Furthermore, since consumers consider both Amazon and Kohl's "discounters," such a merger would likely be a better fit for Amazon than its acquisition of Whole Foods has been. Retail Profits Don't Affect Amazon Stock MuchHowever, the Whole Foods deal should lead investors to question the extent to which a merger with KSS will help Amazon stock. The single-digit revenue growth of Whole Foods falls short of the growth of other parts of AMZN. Likewise, the owners of Amazon stock would have to realize that an acquisition of Kohl's would further slow Amazon's revenue increases.Moreover, despite the massive revenues that AMZN obtains from its retail business, the company earns most of its profit from its cloud business, Amazon Web Services (AWS). As a result, I do not see how any additional deals with Kohl's will help Amazon stock. Concluding Thoughts on Amazon StockAmazon's decision to accept returns at more Kohl's stores will make consumers view Amazon as more of an omnichannel retailer. The deal will also enable AMZN to provide an increased level of personal service to its customers. By buying KSS, AMZN would boost Prime Wardrobe and become one of the larger clothing retailers.However, for all of the buzz and revenue such moves generate, yesterday's deal increases the attractiveness of KSS stock more than AMZN stock. An acquisition of Kohl's by AMZN will likely not produce the massive profit increases which is important for the owners of of Amazon stock. AWS affects AMZN's profits much more than its retail business, and that will remain the case, no matter what happens between Amazon and Kohl's.Prime shoppers have a lot to smile about in the wake of the deepening alliance between AMZN and Kohl's. Prime Wardrobe customers and the owners of KSS stock may have more reasons to rejoice in the future. However, for the holders of Amazon stock, this deal should elicit little more than a yawn.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Oversold Stocks to Run From * 7 Red-Hot E-Commerce Stocks to Consider * 4 Stocks Surging on Earnings Surprises Compare Brokers The post The New Kohl's Deal Probably Won't Affect Amazon Stock Significantly appeared first on InvestorPlace.
Amazon.com (NASDAQ: AMZN) has already completely disrupted the traditional retail space, helping Amazon stock to rise tremendously. Amazon's share of total U.S. retail sales hit 5% last year. In 2019, Amazon's share of all online U.S. retail sales will reach 47% percent, according to eMarketer.Source: Shutterstock Despite Amazon's unprecedented retail success, its new Prime Stylist service suggests Amazon is looking to take even more business away from physical retailers. If AMZN is able to take a bigger piece of the retail pie, that will be very good news for Amazon stock. * 10 High-Yielding Dividend Stocks That Won't Wilt What Is Prime Stylist?Prime Stylist is Amazon's new offering which is supposed to provide personalized shopping assistance. It's geared primarily for Amazon's female online shoppers. Users fill out a personalized shopping profile by answering questions about clothing size, preferred look, brand preferences and budget. From there, Amazon's staff of professional stylists select outfits from Amazon's massive trove of apparel offerings.InvestorPlace - Stock Market News, Stock Advice & Trading TipsCustomers are allowed to view and approve the selections before they are shipped. Once customers receive the selections, they are given seven days to try on the outfits and return them if they are not satisfied. AMZN will presumably be relying on its human stylists, but will likely also incorporate customer data and artificial intelligence.At this point, Prime Stylist is still in the testing phase. However, following the launch of Prime Wardrobe last year, AMZN seems to be very serious about clothing. Why Prime Stylist Matters for Amazon StockAmazon has already gone toe-to-toe with brick-and-mortar mall retailers and won on pricing, convenience and selection. The only area in which traditional clothing retailers still have the upper hand is personal touch. Many shoppers like to receive personalized fashion recommendations. They like to know that another human being thinks their outfit looks good, especially if that person is a professional stylist.Many shoppers also enjoy the process of trying on apparel before buying it. That shopping experience has traditionally been available only in in-store dressing rooms. However, AMZN is actively encouraging Prime Wardrobe and Prime Stylist shoppers to try on outfits at home. The company is making returns free and easy in an effort to change shoppers' mindsets about the traditional shopping experience.Wall Street analysts are already gushing about the long-term potential of Prime Stylist."For Amazon apparel broadly, we think that the site has been lacking is curation/merchandising," KeyBanc analyst Edward Yruma says. "We think Amazon has recognized this and has improved photography and storytelling, and Prime Stylist can be another strong step to enhance its capabilities," he added. The Impact on Amazon StockPrime Stylist is just in its infancy, and investors shouldn't expect it to make a huge impact on Amazon stock right away. However, longtime owners of AMZN stock know Prime Stylist is right out of the Amazon playbook. Prime Stylist doesn't need to be a big money-maker for Amazon. Amazon's e-commerce and cloud business are firing on all cylinders, so it can be patient.AMZN is slowly shifting the way shoppers think about clothing shopping by subtly challenging the traditional model. It's the same approach Amazon is taking to smart speakers with its Echo device.Customers who buy these new products start out thinking, "Oh, I wanna try out this crazy new thing." Soon, they think, "Wow, this cool new thing isn't really that weird." Finally, they say, "Jeez, I can't remember life before this new thing."Yruma specifically mentioned Gap (NYSE: GPS), Nordstrom (NYSE: JWN), Stitch Fix (NASDAQ: SFIX) and Urban Outfitters (NYSE: URBN) as potential Prime Stylist victims.Amazon Stylist may not be a big deal for Amazon stock in the near-term. However, it's just one more way that the company is suffocating traditional retailers. That strategy could end up being huge for Amazon stock in the long-term.AMZN has already captured nearly half of all online retail sales. If Jeff Bezos has his way, Amazon's share may reach half of all retail sales.As of this writing, Wayne Duggan did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 High-Yielding Dividend Stocks That Won't Wilt * 4 Energy Stocks Soaring as Trump Tightens on Iran * 7 Tech Stocks With Too Much Risk, Not Enough Upside Compare Brokers The post Prime Stylist Could Be a Catalyst for Amazon Stock appeared first on InvestorPlace.
Scotia Global Asset Management announces April 2019 cash distribution for Scotia Strategic Fixed Income ETF Portfolio