92.22 +0.14 (0.15%)
After hours: 4:42PM EDT
|Bid||91.56 x 800|
|Ask||92.22 x 800|
|Day's Range||91.80 - 93.79|
|52 Week Range||78.67 - 114.25|
|Beta (3Y Monthly)||1.14|
|PE Ratio (TTM)||20.52|
|Forward Dividend & Yield||1.32 (1.27%)|
|1y Target Est||N/A|
As an investor, I look for investments which do not compromise one fundamental factor for another. By this I mean, I...
The decided bullishness seen during the two previous trading sessions didn't persist through Friday. Rather, the modest 0.09% gain logged by the S&P 500 on the last trading day of last week suggests traders are still ultimately on the fence about the economy, worried August's disappointing payroll growth figure could be an omen.Source: Shutterstock Advanced Micro Devices (NASDAQ:AMD) was a key culprit to that weakness, falling nearly 3% for no particular reason. Investors simply remain suspicious that it will be able to continue growing in the foreseeable future as it has in the recent past. Most trade turbulence with China could bolster the prospect of that headwind. Also holding the broad market back, albeit with less net impact than AMD, was Twilio (NYSE:TWLO). It tumbled 4.6%, as profit-takers dug in, worried this year's big gains are being threatened by brewing weakness as well.Meanwhile, Symantec (NASDAQ:SYMC) may have been the reason the S&P 500 mustered its small gain on Friday. Shares of the cybersecurity outfit rallied 4.5% after reports surfaced that a private equity firm was mulling an outright acquisition of the company.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Buy-and-Hold Stocks to Own Forever As for the names most deserving of a look moving into the first trading day of the new week, however, take a look at the stock charts of Tractor Supply Company (NASDAQ:TSCO), WEC Energy Group (NYSE:WEC) and C.H. Robinson Worldwide (NASDAQ:CHRW). Here's why. WEC Energy Group (WEC)Utility stocks have been especially strong this year, as investors seek out safety in anticipation of economic turbulence. It's sound thinking, in fact, and WEC Energy Group was no stranger to that trend.More so than most other utility names, however, WEC stock has raced too far, too fast. The speed and scope of the move carried shares well past the upper boundary of a long-established trading range. As of the end of last week, WEC Energy was starting to crack and break under the weight of those gains. It may be an omen of what's to come. * Click to EnlargeThursday's dip followed by Friday's even-stronger dip is a red flag in and of itself, but the real problem is the amount of volume that showed up with that weakness. It says there are lots of sellers on the sidelines. * Such a wave of weakness was inevitable. In June, WEC stock broke above a proven technical ceiling, marked as a light blue line on the weekly chart. * As outrageous as it may seem right now, should the market fully recover and a "risk on" mentality becomes prevalent again, a slide all the way back to the trading range's lower boundary (in yellow) becomes a possibility. C.H. Robinson Worldwide (CHRW)With just a passing glance at the stock charts of C.H. Robinson Worldwide, it would be easy to come to the conclusion that shares are stuck in consolidation mode. In fact, CHRW saw an increase in volatility in the June-through-August period, which has led the chart to develop a "diamond" (highlighted). This generally takes shape before a reversal.If that's the case -- and the argument is good that it is -- then traders may want to plan on new downside ahead. The diamond-shaped pattern, however, isn't the only reason to suspect CHRW stock is poised to edge lower from here. * 7 "Boring" Stocks With Exciting Prospects * Click to EnlargeThe biggest red flag evident on both stock charts is the repeated failure since late July to move above the 200-day moving average line, marked in white. * Although evident on the daily chart, it's the weekly chart where traders can get a better view of the fact that C.H. Robinson shares are trending lower due to being confined within a falling converging wedge pattern. * Should the prospective selloff take hold, the most plausible target is the convergence of both of the floors of the falling wedge pattern. They're both right around $76, yet falling gently. Tractor Supply Company (TSCO)Shares of Tractor Supply Company have been impressively bullish since the middle of 2017, escaping the impact of a so-called retail apocalypse that has worked against most other names in the business. That's likely because Tractor Supply is such an untraditional retailer. It has not been a straight-line move, but a bullish move nonetheless.That bigger-picture effort, however, is now under more pressure than it has been at any point since the rally began. Although it has survived and snapped back from similar circumstances before, this time around there's a significant difference. * Click to EnlargeThe make-or-break line is the red, dashed line marked on the weekly chart, connecting the key lows going back to the early 2018 low. * Also in play is the 200-day moving average line marked in white on both stock charts. So far it has held up as a floor, much like it did late last year and in January. We only had to touch it two weeks ago to rebound. * But, that rebound effort was short-lived. The 100-day moving average line plotted in gray on both stock charts has kept the rally from moving higher on two separate occasions in the past two weeks.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 3 Artificial Intelligence Stocks to Buy * 7 Industrial Stocks to Buy for a Strong U.S. Economy * 3 Beaten-Down Bank Stocks to Buy and Hold for the Long Term The post 3 Big Stock Charts for Monday: WEC Energy, Tractor Supply and C.H. Robinson appeared first on InvestorPlace.
In 2012 Greg Sandfort was appointed CEO of Tractor Supply Company (NASDAQ:TSCO). First, this article will compare CEO...
Tractor Supply (TSCO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Tractor Supply Co. said Friday that it has extended its contract with current its current chief executive, Greg Sandfort, by up to one year as an executive search firm finds a new CEO. Sandfort will stay on until a new CEO is appointed, and will help with the transition. In addition, Steve Barbarick, Tractor Supply's chief operating officer, has resigned, effective Friday. No further detail about Barbarick's departure was given. Tractor Supply stock has rallied 21.2% for the year to date while the S&P 500 index is up 16.6% for the period.
Specialty retail stocks have underperformed the broader market over the past month. Play for a pre-holiday season turnaround using these trading tactics.
Tractor Supply Company (NASDAQ:TSCO) stock is about to trade ex-dividend in 4 days time. You can purchase shares...
Could Tractor Supply Company (NASDAQ:TSCO) be an attractive dividend share to own for the long haul? Investors are...
How much are employees worth, in profit dollars, to some of the state's largest companies? It runs the gamut from $1,200 to more than $237,000 per employee.
President Trump has long been a critic of Amazon.com (AMZN) and its CEO, Jeff Bezos (who also owns the Washington Post). Yes, more than 140,000 retail jobs have been lost since 2017 and a host of retailers including Sears have gone bankrupt in recent years. If you think all retailers are looking bleak in the age of Amazon, check out these five performers that may be decent contrarian plays.
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Tractor Supply (TSCO) delivered earnings and revenue surprises of -0.55% and 0.29%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
We're deep into earnings season now, and with that excitement comes heavy scrutiny from bulls and bears. Today, I'd like to look at how this hype might affect the following home improvement stocks: Home Depot (NYSE:HD), Lowes (NYSE:LOW) and Tractor Supply (NASDAQ:TSCO).It's no secret the financial media is in the business of keeping the story lines flowing and updating investors as to why Wall Street was acting gloomy or gleeful on a particular day. Uncertainty on interest rate policy and the U.S.-China trade war have been popular topics. And it's understandable why battling with China and interest rates matter to big box retail suppliers HD, LOW and TSCO stock.For one, there is a whole lot of "Made in China" going on in Home Depot and its peers. As well, financing and whether we're willing to even think about that latest home project goes hand-in-hand with what's happening with interest rates. But it's not the only thing making Home Depot and its peers move on any given day.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNow and with earnings season in full swing, the attention has shifted to the latest and greatest or maybe less-than-great earnings reports such as Caterpillar's (NYSE:CAT) ugly earnings miss. And as with those broader uncertainties, this type of information is bound to be projected onto the likes of HD, LOW and TSCO stock. I get it. * 10 Tech Stocks to Buy Now for 2025 And as Wall Street's collective fears and cheers get priced into these retail supply stores, the price charts suggest it's time to ring the register in HD and LOW stock and continue shopping at TSCO. Here's more about each. Home Depot (HD) Click to EnlargeHome Depot shares have enjoyed an incredible bull market since the financial crisis. As they say though, all good things must come to an end. And that could very soon be the case with HD stock.Right now Home Depot stock's monthly chart is establishing a broadening top pattern. It's bearish, but even more so given the rally in shares, as well as a fairly bearish-looking stochastics set-up that's supporting lower prices in the weeks and months ahead.HD Stock Strategy: For shorting HD stock, I'd recommend waiting until next week. The July candle in shares is shaping to complete as a doji pivot high within the broadening pattern. By waiting until August, this bearish entry can receive a bit more price confirmation than otherwise.I'd look to the pattern low near $140 for a downside target and use a breach of a fully formed July candlestick for containing upside risk. Lowes (LOW) Click to EnlargeLowes is yet another name where investors who are long shares should take profits or consider shorting the stock. The writing isn't entirely on the wall for LOW stock. Still, a weakening monthly up-channel where shares failed at the pattern's mid-line and a canary-like stochastics set-up suggest a larger bearish correction is on its way.LOW Stock Strategy: For shorting LOW stock, I'd also suggest waiting until next week and let July run its course. With shares forming a bearish shooting star doji on the monthly chart, confirmation to short LOW is likely to occur early next month. * 10 Stocks to Buy From This Superstar Fund I'd recommend using a stop-loss above the high of the doji to contain risk and not overstay the position in the event the up-channel isn't finished. Tractor Supply (TSCO) Click to EnlargeNot that I'm saving the best for last, but retail improvement outfit Tractor Supply does have a lot going for it. As the smallest of the discussed supplies chains, TSCO stock logically has the largest opportunity for future out-sized growth if it can move into untapped markets or penetrate existing markets further.There are no guarantees TSCO stock will live up to this potential. Still, the basic law of large numbers does afford Tractor Supply more room to grow than HD stock or Lowes. And of the three chains, TSCO is the only price chart whose shares are powering higher out of a durable and constructive-looking corrective base.TSCO Stock Strategy: Go long TSCO stock today. With earnings slated for tomorrow, I'm estimating a solid technical catalyst already in motion. And with room to rally, it will have some of its own headline-driven assistance as support.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 5G Stocks to Connect Your Portfolio To * 7 Stocks to Sell This Summer Earnings Season * 6 Upcoming IPOs for July The post 3 Retail Home Suppliers to Trade Now appeared first on InvestorPlace.
Tractor Supply Co. is expected to report adjusted net income of $218 million, or $1.81 a share, on sales of $2.4 billion before the market opens on Thursday, based on a FactSet survey of 23 analysts. Quarterly estimates have risen less than 1 cent a share in the past month. Tractor Supply is currently trading at a price-to-forward-earnings ratio of 22.2 based on the 12-month estimates of 26 analysts surveyed by FactSet.
European stocks started higher on Tuesday, tracking gains in Asia after U.S. tech companies met with White House officials to discuss Huawei and ahead of European Central Bank and Federal Reserve interest-rate decisions. Banks including Santander and Deutsche Bank advanced. Notable movers included Tesco and J Sainsbury , both of which dropped as the U.K. supermarkets lost market share, according to data from Kantar. Computer peripheral maker Logitech jumped nearly 7% in Swiss trade after confirming 2020 targets for sales growth and operating income.
Tractor Supply (TSCO) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.