61.02 0.00 (0.00%)
After hours: 4:55PM EST
|Bid||61.03 x 400|
|Ask||61.20 x 500|
|Day's Range||60.88 - 61.95|
|52 Week Range||48.56 - 78.37|
|PE Ratio (TTM)||12.79|
|Forward Dividend & Yield||2.48 (4.04%)|
|1y Target Est||N/A|
Beaten-up meal kit maker Blue Apron Holdings Inc (NYSE:APRN) just had its day. It was the first time since the IPO that a major investment firm upgraded APRN stock. Revenue growth has come tumbling down, losses are widening and competition is increasing.
It's challenging enough for a company to keep its dividend rising for a few consecutive years at a stretch, but these noted businesses stand out from the crowd.
With the strong quarterly results and outlook, bulls should wonder why JD stock is not rallying. Baidu, Inc. (NASDAQ:BIDU), which trades at a 33 price-earnings ratio, and Alibaba Group Holding Limited (NYSE:BABA), with trades at a 50 P/E ratio, are two other examples of richly-valued Chinese firms. JD.com depends on high-end apparel sales for its revenue growth and it may face headwinds as competition in China heats up.
Alongside the rest of the retail sector, Target Corporation (NYSE:TGT) stock has been in rally mode. Since Black Friday, TGT stock has risen about 7% versus a 2% gain for the S&P 500. Research firms have been saying that Black Friday weekend was really good for almost all retailers, while multiple recent retail earnings reports corroborate this bullish sentiment.
Here’s what I like about Target Corporation (NYSE:TGT): Its stores have most of the everyday stuff I need, there’s a store down the street and prices are very reasonable — even downright cheap. Regrettably, that does not mean TGT stock is a good investment. The most important metric for any retail store is same-store sales and, in the case of Target, that metric is awful.
U.S. equities are continuing to hold near the unchanged line on Wednesdays investors worry about the prospect of a government shutdown on Friday as well as the still undetermined fate of tax reform legislation working through Congress. According to both UBS and Credit Suisse analysts, retailers are among the sector groups poised to benefit the most from current tax cut plans.
A new survey from Payscale found a good Santa Claus can make as much a $100 an hour. Yahoo Finance’s Alexis Christoforous, Rick Newman, and Justine Underhill discuss what makes a good Santa.
Shares of American Eagle Outfitters are rallying after after reporting profits and revenue in line with estimates. Yahoo Finance's Alexis Christoforous and Jared Blikre discuss.