83.09 +0.05 (0.06%)
After hours: 7:34PM EDT
|Bid||82.83 x 1000|
|Ask||83.09 x 900|
|Day's Range||82.35 - 84.14|
|52 Week Range||53.90 - 84.14|
|PE Ratio (TTM)||15.24|
|Earnings Date||Aug 22, 2018|
|Forward Dividend & Yield||2.56 (3.11%)|
|1y Target Est||79.22|
Macy’s (NYSE:M) second quarter results, reported on Tuesday, indicate that its positive catalysts remain intact. Investors should buy M stock, as these catalysts should continue to boost its results going forward, while its valuation is extremely attractive and lower than that of many brick-and-mortar retailers. The sharp drop in Macy’s stock on Wednesday was irrational and has created an extremely attractive entry point.
Is Wall Street Underestimating Walmart despite Robust Q2? Walmart (WMT) reported net sales of $128 billion in its fiscal second quarter of 2019. Improved performance across all business segments, especially in its US business, drove the company’s top-line growth in the reported quarter.
In the second quarter, Walmart (WMT) topped analysts’ expectations for both sales and earnings. It reported robust numbers across all business verticals.
Is Wall Street Underestimating Walmart despite Robust Q2? Consensus target price: Does it make WMT stock unappealing? Walmart stock (WMT) rose 9.3% on August 16 after the company reported stronger-than-expected fiscal Q2 2019 earnings.
Walmart inc. (NYSE: WMT) almost 10 percent gain in its stock price Thursday led equities markets higher, following an earnings release that touted ecommerce growth as a key driver. U.S. same store sales for Walmart were up 4.5 percent, the best quarterly performance in 10 years. Walmart's stock rose Thursday by 9.33 percent, to $98.64.
Target Corp. has resumed selling farmed salmon in its stores, eight years after the retailer drew praise from environmental group for committing to sell only sustainable, wild-caught salmon.
Chinese robotics companies will have to do more if they want to stand out from the global competition, a senior partner at McKinsey tells CNBC. Karel Eloot says Chinese companies will have a competitive advantage if they move into other developing markets. There were more than 6,500 robotics companies in China at the end of 2017, according to Chinese media.
The stock market is having a really strong Wednesday, with all major indices gaining significant ground behind a few strong earnings reports. One of the stocks left out of today’s rally, however, is struggling department store JCPenney (NYSE:JCP). JCP stock dropped 25% in response to the awful numbers.
Shares of Walmart (WMT) surged over 10% Thursday after the company posted better-than-expected second-quarter earnings and revenue results. Now the question is should investors buy Target (TGT) stock ahead of the release of its Q2 financial results next week? Let's find out.
Jose Rasco, HSBC Head of Investment Strategy talks future of retail with Yahoo Finance's Seana Smith, Andy Serwer and Jennifer Rogers.