|Bid||81.55 x 2200|
|Ask||81.75 x 800|
|Day's Range||79.58 - 81.66|
|52 Week Range||60.15 - 90.39|
|Beta (3Y Monthly)||1.00|
|PE Ratio (TTM)||14.27|
|Earnings Date||Aug 20, 2019 - Aug 26, 2019|
|Forward Dividend & Yield||2.56 (3.31%)|
|1y Target Est||86.60|
This weekend's Barron's cover story takes a look at digital payments giants. Other featured articles review the top dividend payers of the first quarter; placing bets on the future of tech; tariffs and ...
Benzinga has examined prospects for many investor favorite stocks over the past week. Bullish calls included aerospace and automotive giants. Bearish calls included retailers and an EV maker. The markets ...
Target has focused on giving customers a number of options for getting their items same-day, which it says has paid off.
Best Buy is expanding the services it offers, going beyond the consumer electronics at the core of its business.
(Bloomberg) -- New tariffs, skittish consumers and no margin for error: 2019 is shaping up to be more challenging than expected for U.S. retailers.
Costco (NASDAQ:COST) stock continues its march higher. With stockholders having recovered all of their losses from last fall's sell-off, many might wonder where Costco stock goes from here. Amid the company's successes, valuations remain higher than that of most peers.Source: Shutterstock Moreover, with the stock price returning to the highs of last September, investors may want some assurance that COST stock will not see a double top. However, given the company's past growth and prospects for future expansion, I see COST stock as a buy on any pullback. Costco Stock Is Expensive, but Worth ItThose wanting Costco bargains should look inside their warehouse instead of at Costco stock. COST currently trades at a forward price-to-earnings (PE) ratio of around 29.4. Although one can argue that that comes in lower than Amazon (NASDAQ:AMZN), Amazon derives most of its profit outside of retail. Either way, Costco trades at a valuation premium above that of Walmart (NYSE:WMT), Target (NYSE:TGT), and its peer on the eastern seaboard, BJ's Wholesale (NYSE:BJ).InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 12 Reasons Facebook Stock Will Likely Sink 25%-35% Over the last five years, Costco's PE has averaged around 29.4. Hence, Costco stock has not moved far ahead of its average. Moreover, it benefits from a high degree of customer loyalty. This shows in a renewal rate of around 90% and its profit growth. Yes, customers pay a membership fee that amounts to pure profit for Costco. But in exchange, they pay little more than the cost of goods sold plus overhead for items. That may help explain why analysts have forecasted that earnings will increase 12.3% this year and 6.9% in fiscal 2020. Costco Can Keep Expanding for DecadesI also like the prospects for expansion. Yes, they currently operate in 44 states, and they cover most of America's large metros. However, tremendous potential exists in somewhat smaller markets. For example, in Texas, Costco operates only three warehouses located outside of the San Antonio, Austin, Houston, and Dallas-Fort Worth metro areas. Moreover, the company only operates two warehouses in Georgia outside of metro Atlanta. Hence, domestic saturation remains years away.Moreover, Costco has succeeded with international expansions. It has avoided the high-profile failures such as Target Canada or the pullouts like Walmart experienced in Germany and Brazil. In addition to Canada and Mexico, the company continues to add warehouses in Europe, East Asia and Australia. When to Buy Costco StockThe question for investors revolves around when to buy? Those holding out for a forward PE like the current 11.5 on Target will likely end up disappointed. However, Costco stock goes on sale periodically. During last fall's stock sell-off, COST fell as much as 22% before it began to recover. COST also saw corrections during the middle of the decade, as investors feared an "Amazon takeover" of retail. Anytime Costco has offered a 10-20% discount from its 29 forward PE, investors have profited by buying. I do not expect that to change soon. The Bottom Line on Costco StockInvestors should consider Costco stock a buy on any significant pullback. At just under 30 times forward earnings, some buyers may balk at paying such a multiple for a retailer. Moreover, with the stock trading at levels from which it previously fell, some might want to buy COST stock at this level.However, Costco stock has traded at PE in the high 20s or low 30s for several years. Moreover, for most of that time, profits have maintained a double-digit growth rate on average. Further, outside of North America, Costco has succeeded where Walmart and Target have failed. This ensures that the company can continue to add new warehouses for decades. * 6 Stocks to Buy for This Decade's Massive Megatrend The stock trades marginally above its average historical multiples. For this reason, I see it as a buy only for long-term investors. However, industry or macroeconomic conditions often lead to corrections in COST. If Costco stock falls to a PE ratio in the mid-20s or lower, investors should buy in bulk.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 * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Safe Stocks to Buy This Summer * The 5 Best Telecom Stocks to Buy Now * 6 Innovative Stocks With Big Long-Term Growth Potential Compare Brokers The post Buy Costco Stock on Any Pullback appeared first on InvestorPlace.
Amazon (NASDAQ:AMZN) is a worldwide phenomenon. That much is something few can argue about. In the past three years, AMZN stock is up 164%, and that includes all the hiccups and rallies. That's nearly 54% annual gains. And if you go back even further, that growth trend continues.Source: Shutterstock It's this regularity of outsized performance that keeps AMZN stock in the portfolios of all the major hedge funds, mutual funds and institutional portfolios.But this universal love wasn't always there. Historically, Amazon stock always got a sideways glance from big investors. The company would (and still does) pump most of its profits back into growth projects -- entertainment, groceries, cloud storage, supply chain management, etc. -- rather than banking some for a rainy day or giving it back to investors as a dividend.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat is what traditional companies have done. And when AMZN started growing, it was assumed it would do the same. It didn't.Every quarter analysts waited for results and would trade the stock for every tick up and down in its earnings and revenue, never quite sure whether to buy in deeper or run far, far away. * 10 Tech Stocks Walloped by the Huawei Ban But after a number of years, and especially after its Amazon Web Services started printing money, analysts got on the bull train for the long run. AWS launched in 2006, and is now the world's largest cloud provider.Granted in recent years, Microsoft (NASDAQ:MSFT) has been growing market share, as has IBM (NYSE:IBM), but AWS is so massive, it's even working joint ventures with its competitors.Last year, AWS was responsible for 58% of AMZN's operating income. The division generates about $26 billion, a 45% increase from 2017. Given that margins are around 30%, that's a lot of cash that gets dumped back into new products and services.Its moves into artificial intelligence (AI) via its Alexa platform is a good illustration on the big-thinking that powers AMZN stock.These devices are compelling on their own and are beginning to power many partnerships with delivery services, subscription services and the like. But AMZN sees beyond that. The company has partnered with a builder in Southern California that is currently doing a pilot project with AMZN to build smart houses powered -- and protected -- by AMZN AI.Also, coincidentally, Amazon is starting to sell DIY houses on Amazon.com for $20,000. Free shipping of course. And you can bet that in coming iterations, there will be pre-wired Alexa-friendly houses in the mix.As for its retail operations, there may some issues as the trade war heats up, which means there will be selling now in anticipation of a quarter or two of earnings disappointments. But that has never stopped AMZN in the past.It is still the one to beat when it comes to e-commerce, with retail players like Walmart (NYSE:WMT) and Target (NYSE:TGT) still playing catch-up.Yes, there may be some turmoil for AMZN stock near term, but that just makes it a better buy long term.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Safe Stocks to Buy This Summer * The 5 Best Telecom Stocks to Buy Now * 6 Innovative Stocks With Big Long-Term Growth Potential Compare Brokers The post Not Even a Trade War Can Stop Amazon Stock appeared first on InvestorPlace.
Editor's note: InvestorPlace's Earnings Reports to Watch is updated weekly. Please check back next week for our latest earnings picks.Earnings season is winding down -- and that doesn't seem like a good thing. Since May 3, roughly when the earnings calendar peaked, the S&P 500 has dropped more than 4%. Without strong earnings reports as a catalyst, investor attention has turned to external factors.Those include fears of a trade war, which augment broader worries that the economy, and the market, may be nearing a peak. Earnings reports have been strong enough to support new all-time highs: three-quarters of the S&P 500 components that had reported through May 10 beat consensus earnings estimates.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe question is what comes next.The earnings calendar this week likely isn't enough to move the market. But several key earnings reports could highlight the nature of the challenges facing key sectors at the moment -- and how those industries plan to respond. A key retailer will try and follow the strong trend set by leaders like Walmart (NYSE:WMT) and Target (NYSE:TGT). The biggest name in one of tech's once-hot sectors aims to reverse recent weakness. And a Chinese growth stock is one of several companies that should not only give more detail on that country's economy, but show where investor sentiment sits at the moment. * 5 Safe Stocks to Buy This Summer In a clearly nervous market, there's plenty to keep an eye on next week. Nio (NIO)Source: Shutterstock Earnings Report Date: Tuesday, May 28, before market openIt has unsurprisingly been a tough stretch for Nio (NYSE:NIO). The electric vehicle company often is referred to as the Tesla (NASDAQ:TSLA) of China. Tesla shares are plunging -- and so are many Chinese issues. NIO has fallen 60% from early March highs and sits 37% below its IPO price.That obviously sets up a key earnings report for Nio on Tuesday morning. But it's not the only struggling Chinese stock looking for a catalyst. Momo (NASDAQ:MOMO) also reports on Tuesday -- and has lost one-third of its value since early April. The next day, 58.com (NYSE:WUBA) will try and get back some of the 20% it has lost in just the last three weeks.The three reports set up an interesting test case for Chinese stocks. Strong reports haven't helped the likes of Alibaba (NYSE:BABA) and JD.com (NASDAQ:JD) -- but the group as a whole has become even cheaper. If any of the three companies reporting next week can top expectations, will investors see that as a chance to buy the dip? Or is there basically nothing China's publicly traded companies can do to change sentiment at this point? Palo Alto Networks (PANW)Earnings Report Date: Wednesday, May 29, after market closeCybersecurity stocks like Palo Alto Networks (NYSE:PANW) were a hot sector not all that long ago. But they've pulled back of late: PANW stock itself has dropped about 9% in the past three weeks.If any company can reverse the sector's trend, it's Palo Alto. But even strong earnings may not be good enough. Palo Alto posted a blowout Q2 -- but as I wrote at the time, the headline beat obscured real concerns about valuation. * 6 Stocks to Buy for This Decade's Massive Megatrend That valuation has come in, but the broader cybersecurity opportunity remains. And so PANW stock, too, looks like a bit of a test case. Do investors rush in if Palo Alto can post a beat-and-raise third quarter? Or are the cheaper multiples now assigned PANW the new normal? Dollar General (DG)Source: Mike Mozart via FlickrEarnings Report Date: Thursday, May 30, before market openRetail earnings for the most part have been solid. Walmart stock moved higher after its earnings beat, though the gains didn't hold. Target got an enormous boost after an even more impressive quarter.That puts pressure on Dollar General (NYSE:DG) stock to step up as well. Both DG stock and rival Dollar Tree (NASDAQ:DLTR) report on Thursday morning, and there's really no excuse for anything short of another beat. The economy is strong enough and retail is strong enough. Both Dollar General and Dollar Tree took some share from Walmart earlier this decade, one reason why that giant's same-store sales growth slowed.Any weakness from the dollar stores might suggest that Walmart -- and maybe even Target -- are taking those customers back. Meanwhile, few retailers can give a more direct, and more broad, picture of tariff impacts, meaning that likely will be a focus of discussion on post-earnings conference calls.After reaching all-time highs earlier this month, DG stock, in particular, isn't necessarily priced for much in the way of disappointment. Dollar General is unquestionably a wonderful stock, one I've recommended for some time and as an investment that can be held for decades. But from a short-term standpoint, Dollar General stock has little room for error on Thursday.As of this writing, Vince Martin has a bearish options position in Tesla. He has no positions in any other securities mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Safe Stocks to Buy This Summer * The 5 Best Telecom Stocks to Buy Now * 6 Innovative Stocks With Big Long-Term Growth Potential Compare Brokers The post 3 Earnings Reports to Watch Next Week appeared first on InvestorPlace.
After all the holiday specials fade, U.S. consumers could be in for a surprise: higher prices.
Shoppers at Target Corp.'s suburban stores know all about the so-called "Target effect" — that thing that happens when you go into a store for, say, shampoo — that's it, just shampoo — and walk out with $75 worth of stuff. Now Target's stepped-up delivery offerings is bringing the phenomenon to its small-scale, urban stores.
Shoppers are shifting their purchases online, competition is ramping up, and inventory is sitting dormant. But some big retailers are showing they can succeed in a tough environment.
Key Takeaways from Target’s Q1 Results(Continued from Prior Part)Key takeaways Target’s (TGT) digital sales continued to grow at a brisk pace driven by the expansion of its e-commerce platform. During the reported quarter, Target’s comparable
The market is starting to pick a direction and for many trend traders, that's great. They don't care which direction the market is going in, as long as it's going in one. Unfortunately, that direction may be lower. What makes this market so tough is, it takes one tweet from the president to surge or crush stocks on any given day. No matter your political affiliation, that makes trading tough. We'll do our best though, as we look at a few top stock trades for Friday. Top Stock Trades for Tomorrow 1: Amazon Click to EnlargeWe weren't surprised by the bounce in Amazon (NASDAQ:AMZN) with shares testing the 50-day earlier this month. However, InvestorPlace readers also shouldn't be surprised if AMZN goes on to test the 200-day now.InvestorPlace - Stock Market News, Stock Advice & Trading TipsShares are breaking below the month's low, is below the 50-day for the first time since March, and made a lower high when it found the 20-day moving average to be resistance a few days ago. * 6 Stocks to Buy for This Decade's Massive Megatrend The market can turn on a dime and AMZN could reclaim the 50-day on Friday or early next week. But right now, the charts are pointing to a further decline down to the 200-day. If it overshoots, look for the $2,700 breakout level to buoy the name.But I suspect Amazon will attract some buyers near $1,750 assuming it gets that low, and at least on its first test. Top Stock Trades for Tomorrow 2: Hormel Click to EnlargeHormel (NYSE:HRL) was a tricky post-earnings trade. Shares are down just 1.25% -- actually outperforming the S&P 500 on Thursday -- but took a mighty tumble earlier in the session.Shares hit a low of $37 in the first few minutes of trading and haven't looked back since. It gives investors a level to shoot against should they decide to take a position in this name. Holding up over $36 to $37 is constructive, but HRL still has its work cut out for it.The stock is still struggling to hurdle the 20-day moving average, currently at $39.74, while even larger resistance looms higher. Not only has $40 to $40.50 kept a lid on the stock since April, but the 10-week and 50-week moving averages are converging in this area. Further, the 50% retracement for the one-year range is up a little higher, near $40.90.If HRL can clear this area -- say to $41 -- it could continue moving higher. Top Stock Trades for Tomorrow 3: L Brands Click to EnlargeL Brands (NYSE:LB) is locked in a brutal multi-year downtrend. The 50-day and 20-day moving averages continue to act as resistance, which we're seeing play out on Thursday post-earnings, even though LB has so far rallied off its session lows. Incidentally, these were fresh 52-week lows as well.What now?While this is an apparel play, I would rather go with Target (NYSE:TGT), Home Depot (NYSE:HD), TJX Companies (NYSE:TJX) or another retailer that has momentum right now. As it relates to LB, shares need to reclaim the $25 level and the 20-day moving average for bulls make any headway. Below increases the odds that it will take out this week's low at some point down the road.This stock is down massively from its highs a few years ago, off more than 70% from peak to the recent low. Above $25 could get LB to $27.50 and/or the 50-day if momentum continues. Top Stock Trades for Tomorrow 4: Best Buy Click to EnlargeAmazon couldn't escape the selling and neither could Best Buy (NYSE:BBY). The latter is down 5.5% on earnings and the charts are breaking down.The 20-day and 50-day moving averages are acting as resistance and the stock has notched a lower high. Further, the 200-day is not holding as support, nor is the $66 level or uptrend support (blue line).Short of BBY reclaiming $68 to $69, a gap fill down to $60 seems more than possible. Top Stock Trades for Tomorrow 5: PepsiCo Click to EnlargeI really wanted to cover Roku (NASDAQ:ROKU) as it makes new highs, but we've been all over that one since Q4 2018. Instead, we'll do that on Friday and cover another strong stock instead: PepsiCo (NYSE:PEP).This dividend stud has been angry, up more than 22% from its January lows. Does it deserve this type of run?Maybe not, but I'm not going to fight the trend. Aggressive investors can buy dips into uptrend support, while more conservative bullish traders can nibble on tests of the 10-week moving average, provided it holds as support. Should trend fail, look for a possible retest of the $118 level as support. * 6 Innovative Stocks With Big Long-Term Growth Potential As for upside, PEP could run into the low $130s before it hits channel resistance, even though it's already had a strong run.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 and ROKU. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post 5 Top Stock Trades for Friday: AMZN, HRL, LB, BBY appeared first on InvestorPlace.
One of the best tools for winning in retail in 2019 is a good omnichannel strategy. But nothing can save you if you’re selling fashion that isn’t to customers’ tastes.
DEEP DIVE It costs a lot of money to play in Amazon’s world of retail. But brick-and-mortar retailers are doing what they can, and some are managing to improve their profitability despite spending more to compete.