|Bid||86.02 x 800|
|Ask||88.06 x 800|
|Day's Range||86.88 - 88.64|
|52 Week Range||60.15 - 90.39|
|Beta (3Y Monthly)||0.84|
|PE Ratio (TTM)||15.26|
|Earnings Date||Aug 21, 2019|
|Forward Dividend & Yield||2.64 (3.00%)|
|1y Target Est||88.83|
Toys ‘R’ Us is coming back in the U.S. with two stores, but one expert says the industry has already moved on.
The following are seven of the largest data breach settlements in recent years. Following its 2017 data breach, Equifax will pay up to $700 million to the U.S. Federal Trade Commission, the Consumer Financial Protection Bureau and nearly all U.S. states and territories.
With over a quarter of the S&P 500 releasing earnings this week, we've officially reached the heart of earnings season. And while some traders are comfortable swinging bets into the elevated volatility of these quarterly events, others desire to sidestep the drama altogether. For this latter group, or anyone seeking sweet looking setups for the new week, these three stocks to buy will be of interest.I've finished my weekend scanning and discovered three powerful stocks eyeing new highs. They all boast powerful up-trends and are one resistance zone away from busting to new 2019 highs.And, perhaps, most importantly, none of them report earnings over the next month, leaving plenty of time to play before the volatility monster comes to town.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 High-Flying, Overvalued Stocks in Danger of Crashing Check out these three breakout stocks to buy for the week. Best Buy (BBY) Click to Enlarge Source: ThinkorSwim Nasty price action plagued Best Buy (NYSE:BBY) heading into and directly following last quarter's earnings announcement. But since finding a bottom in early June, BBY stock has put together quite the consistent little uptrend.The ascent has been strong enough to turn the 20-day moving average higher, and the 50-day has flattened and appears poised to start treading higher. Each pullback materializing in the stock since last month's low has been shallow, short-lived and resulted in powerful upside breakouts.Last week's three-day slide proved no different and ended with a bullish reversal on Friday.Watch for a break out of the $76 resistance zone, then pull the trigger on bullish trades in BBY stock. I like the Sep $75/$80 bull call spread, which currently costs $2. Target (TGT)Source: ThinkorSwim Short of one hiccup, this year's price action for Target (NYSE:TGT) has been quite bullish. TGT stock is now a stone's throw from reaching all-time highs. The ceiling near $90 is all that stands from the retailer and clear blue skies. And I think bull trades are worth a shot once resistance is finally felled.The past six weeks of consolidation have created a stable base to launch from. Friday's test of the ceiling failed, but it's only a matter of time before buyers finally succeed in their breakout bid. * 7 Cloud Computing Stocks to Buy for 2019 Watch for a breakout above $89.50, then deploy bull trades. Implied volatility sits at the 12th percentile of its one-year range, so options are cheap right now. I'm mirroring the BBY suggestion with a bull call spread idea. Buy the Sep $90/$95 call vertical for around $1.60 for a cheap upside bet. Home Depot (HD) Click to Enlarge Source: ThinkorSwim Home Depot (NYSE:HD) rounds out today's trio of key stocks to buy now. And while the pattern is more of a retracement than a breakout, it's too pretty to pass up. The past two months have seen a powerful uptrend emerge, delivering multiple breakout and pullback buy opportunities along the way. Last week's four-day retreat is delivering a perfect buy-the-dip opportunity right at the rising 20-day moving average.Also, we're testing the old resistance zone near $213, which could morph into support. Last week's breakout did take HD stock to a new all-time high, so buyers have proved their willingness to pay record-setting prices. If you're willing to bet on trend continuation, then deploying bullish trades here is worth a shot. Wait for a break above Friday's high at $215.23, then enter.With an implied volatility rank of 10%, options can be bought on the cheap. We're continuing our call spread theme with a suggestion to buy the Sep $215/$225 bull call for around $3.70.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Defense Stocks to Buy to Fortify Your Portfolio * 10 High-Flying, Overvalued Stocks in Danger of Crashing * 8 Stocks to Buy That Are Growing Faster Than Amazon The post 3 Breakout Stocks to Buy Immediately appeared first on InvestorPlace.
Target will offer four costumes this Halloween that cater to children with special needs, including covers that transform a wheelchair into a pirate ship or princess carriage and costumes without the tags and seams that can be problematic for children with sensory-processing disorders. The Cat & Jack pieces feature heat-transferred labels in place of tags, flat seams and one-dimensional graphics designed to minimize discomfort when in contact with the skin as well as pull-on pants cut more generously to accommodate diapers at an older age. Target (NYSE: TGT) designer Stacey Monsen said in a 2017 company blog that she was inspired to create the Cat & Jack collection by her daughter, who has autism, and in response to feedback from customers and store associates with special needs children.
Amazon's (AMZN) strengthening Prime enabled services and benefits, and expanding AWS services portfolio are likely to drive second-quarter 2019 results.
The differences between Walmart's business model and Target's are immediately apparent. Walmart prefers the lowest cost, while Target angles more toward profit margin and youthful image.
The cover story in this weekend's Barron's examines a cheap but controversial bet on the future of tech. Other featured articles offer gold mining, consumer spending and fintech stock picks. Also, the ...
The retailer has spent heavily to bolster its web operations and keep prices low, and this has started to pay off. Yet its shares still look undervalued.
(Bloomberg) -- Walmart Inc. is conducting its second U.S. restructuring in as many months to better integrate its money-losing online business with its 4,700 physical stores.The world’s largest retailer will merge the logistics and finance teams for its e-commerce unit and stores, according to an internal memo obtained by Bloomberg News. The company’s merchandising operation, which makes critical decisions on what products to carry, when to carry them and at what price, will maintain separate teams “to enable focus and speed,” Chief Executive Officer Doug McMillon said in the memo.Walmart’s digital business is inextricably tied to its stores, evidenced by its fast-growing grocery pickup service, where online orders are picked in its aisles, then trotted out to customers in the parking lot. Responsibility for that web grocery business falls under U.S. CEO Greg Foran rather than e-commerce chief Marc Lore.The decision to keep merchandising separate -- for now at least -- illustrates the primacy of Walmart’s in-store merchants, who for decades have wielded vast power inside Walmart’s sprawling corporate bureaucracy. It also shows the increasing complexity of managing an online business that sells about 75 million products, many from small third-party sellers, and now promises next-day delivery in many states to battle rival Amazon.com Inc.Separately, Walmart is expanding the role of Chief Customer Officer Janey Whiteside, who joined the company in 2018 after many years at American Express Co. She’ll now be responsible for running the team’s financial services, product returns and Walmart’s burgeoning advertising business -- ancillary units that are growing in importance as they generate incremental revenue and profit.Renewed PressureWalmart is facing renewed pressure to produce earnings at its online unit as it tries to keep traditional rivals like Target Corp. at bay and simultaneously chip away at the lead built up by Amazon. Underscoring the challenge, the Seattle-based e-commerce giant just wrapped up its Prime Day promotional event earlier this week, with sales surpassing those on Black Friday and Cyber Monday combined. Walmart’s mission is complicated by the recent loss of its e-commerce chief revenue officer in the U.S., Scott Hilton, who had been a long-time lieutenant of Lore.Another of Lore’s deputies, Nate Faust, who had been running the supply chain for Walmart.com, will move to a new, undefined role, the memo said. Faust was one of the founders of Jet.com, which Walmart acquired in 2016 and has now been fully integrated into the larger company amid declining traffic and revenue.The newly combined logistics division will be led by Greg Smith, who currently runs that unit for the U.S. stores, while U.S. stores finance chief Michael Dastugue will take charge of the integrated team there. Ashley Buchanan, who currently runs merchandising at Walmart’s warehouse subsidiary Sam’s Club, will assume the new role of chief merchandising officer for U.S. e-commerce, but will remain in Bentonville, Arkansas, instead of moving to the unit’s California headquarters.Walmart’s U.S. online business has grown, becoming a viable second fiddle to Amazon after the division’s revenue expanded 40% last year. But the business continues to be in the red, with losses expected this year of about $1.7 billion, up from $1.4 billion last year, according to Morgan Stanley estimates.To contact the reporter on this story: Matthew Boyle in New York at email@example.comTo contact the editors responsible for this story: Anne Riley Moffat at firstname.lastname@example.org, Jonathan Roeder, Mark SchoifetFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
As retailers get in line to roll out their quarterly earnings results in the coming weeks, the sharp divide between the fortunes of some of the nation’s largest retailers will come into focus. Given the record number of store closings already announced this year, investors shouldn’t expect a whole lot of good news to come out of some of the nation’s largest merchants. Many analysts expect department store retailers like J.C. Penney Company Inc (NYSE: JCP) and Kohl’s Corporation (NYSE: KSS), for example, to continue to show deteriorating sales as they struggle to keep up with the shifts in spending.
Solar power has captivated investors ever since Bell Labs developed the first modern solar photovoltaic (PV) cell in the mid-1950s. The basic idea that the sun could power something like a car used to seem like the ultimate sci-fi fantasy.Unfortunately, the solar industry's long road from sci-fi dream to everyday reality has been a conspicuously unprofitable one.Despite the spectacular worldwide growth of solar power, as shown in the chart below, many of the companies operating in the industry have struggled to turn a profit.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Click to Enlarge But the long years of famine are coming to an end. Within the last few months, several companies in the solar industry have reported record revenue, along with rising earnings and growing order backlogs.JinkoSolar Holding Co. Ltd. (NYSE:JKS), for example, reported record PV module shipments in the fourth quarter of 2018 and annual earnings growth of 140%. Canadian Solar Inc. (NASDAQ:CSIQ)reported a 129% jump in annual earnings, while Enphase Energy Inc. (NASDAQ:ENPH) and SolarEdge Technologies Inc. (NASDAQ:SEDG) produced annual earnings gains of 77% and 45%, respectively.One reason for solar's recent surge is a powerful new "X factor" that has entered the solar energy market and has the potential to supercharge demand. That X factor is energy storage - also known as batteries.Until recently, solar-power installations lacked the ability to store energy. They were simply use-it-or-lose-it power generators. Energy storage technologies were too expensive to be viable additions to solar-power facilities.But this old story is changing rapidly. Energy storage has arrived - and its arrival could be a very big deal for the solar industry.To see how we're getting there, let's take a quick trip (and it's a nice one) - to Hawaii… Profit in Paradise …Source: Shutterstock In the "olden days" of 2015, a company like Target Corp. (NYSE:TGT) would contract with a solar company to install solar panels on the roofs of its superstores. Once installed, the panels would deliver daytime electricity to supplement the electricity Target pulled from the regional power grid.But now, when Target installs new rooftop panels, it often also installs a battery system to store the excess energy it doesn't use immediately.In 2017, Target kicked off its solar-storage project at its store in Kailua-Kona, on the big island of Hawaii's east coast. There it installed a 910-kilowatt solar system from SunPower Corp. (NASDAQ:SPWR) that included a 250-kilowatt energy storage component.Source: TargetThis may have been the first time a Target store had added energy storage to solar - but it won't be the last."On emerging trends in energy innovation," the giant retailer stated, "we see energy storage as an integral tool to increasing our renewable energy consumption and improving resiliency at stores in climate-impacted communities."By the end of this year, Target expects to install rooftop solar systems on more than 500 store locations. And by 2030, the company plans to produce 100% of its energy needs from renewable sources.This storage component of the renewable energy industry is the new-new thing - and it has the potential to deliver big-big growth to SPWR stock and other solar companies that take advantage.This energy storage boom is increasing demand for new solar installations - and increasing the revenue-per-installation for a company like SunPower. It announced recently that one-third of its order backlog includes solar-plus-storage, and that these installs generate about 40% more revenue than ones without storage. … and BeyondLooking globally, the deployment of battery-based energy storage solutions (BESS) is ramping up quickly. According to JPMorgan, the cumulative installed base of BESS will soar 100-fold between now and 2030.Bottom line: Solar power is big … and getting much bigger.At the end of 2018, the world's installed capacity of solar-power generation totaled nearly half a billion megawatts - accounting for more than 7% of the globe's power capacity.But new capacity installations are on track to soar 25% this year, according to Bloomberg New Energy Finance, and to nearly double by 2021.Many forecasts anticipate an equally spectacular growth trajectory. According to the International Energy Agency's (IEA) "Sustainable Development Scenario," solar-power capacity will soar fivefold between now and 2025, accounting for a whopping 38% of global power generation.Looking further out, the IEA anticipates a 13-fold increase in solar-power capacity by 2040, at which point this renewable source would be providing two-thirds of the world's power needs.The IEA anticipates global spending on solar power to total $4 trillion over the next two decades - or about $180 billion per year.If investment of this magnitude were to occur, solar power would become the world's primary electricity source by 2040.But you don't have to wait 20 years to profit on this trend. By then, it could be too late - long after this spectacular growth trend has slowed.There are a lot of companies out there that are jumping on the solar bandwagon, and there is clearly a lot of investing potential here, but it's all about finding the right companies that offer significant long-term potential.That's why I've just released a special "all solar" edition of my brand-new newsletter - Fry's Investment Report.In it, I share two recommendations - and a whole lot of research - to get investors in on this technology's profit ground floor.To learn more, I strongly suggest you go here to find out how to join Fry's Investment Report.Eric Fry is a 30-year international finance expert, former hedge fund manager, and InvestorPlace's resident expert on global investment trends. He founded his own investment management firm and served as a partner several others. In 2016, he won the Portfolios With Purpose stock-picking contest - Wall Street's most prestigious investment competition - making him America's Top Trader. With Fry's Investment Report, Eric's goal is to track the world's biggest macroeconomic and geopolitical events - and help investors make big gains from those emerging opportunities. Click here to learn more.The post This Company's 'Hawaii Project' Reveals a $4 Trillion Opportunity appeared first on InvestorPlace.
Costco Wholesale Corp. (COST), the members-only, big box discount retailer, charges $60 for it's lowest level membership, the Costco Gold Star membership. This may seem like steep cost to buy things, but Costco uses a subscription model of business for three reasons. With several large supermarkets, Wal-Mart Stores, Inc. (WMT) Supercenters, Target Corp. (TGT), Sam’s Club, BJ’s Wholesale Club, and a variety of neighborhood groceries and farmer’s markets, Americans have lots of choice about where to spend their weekly food budget.
The U.S. House of Representatives on Thursday passed legislation to raise the federal minimum wage to $15 an hour by October 2025, a big win for workers and labor groups, even as it remained unlikely the bill would pass a Republican-controlled Senate. The move comes at a time when the $15 minimum wage fight, first started by fast-food workers in New York in 2012, has been gaining momentum around the country with several states and large private-sector employers that hire entry-level workers. Cities and states including Seattle, San Francisco, New York state, California, Arkansas and Missouri have raised their minimum wage.
Amazon’s Prime Day 2019 was its biggest sales event yet, the company reported Wednesday. And analysts, for their part, agreed.
EBay Inc. was added to the Zacks Rank 1 (Strong Buy) list on Tuesday, with the company set to report its quarterly earnings results Wednesday after the market closes. YTD, EBAY is up 42.5%.
Consumers seemed to think it was a prime time to shop. On Monday and Tuesday, Amazon (XE:AMZ) celebrated Prime Day — a two-day sales event — and millions of consumers were enticed by the deals. Indeed, Prime members snapped up upwards of 175 million items during the sale period, Amazon announced Wednesday.