|Bid||169.17 x 900|
|Ask||169.36 x 800|
|Day's Range||167.69 - 171.62|
|52 Week Range||60.53 - 172.79|
|Beta (3Y Monthly)||2.78|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 30, 2019 - May 6, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||155.00|
Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Wayfair Inc. (“Wayfair” or the “Company”) (NYSE:W) of the March 11, 2019 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you invested in Wayfair stock or options between August 2, 2018 and October 31, 2018 and would like to discuss your legal rights, click here: www.faruqilaw.com/W. The case, Goodstein v. Wayfair Inc. et al., No. 19-cv-10062 was filed on January 10, 2019, and has been assigned to Judge Douglas P. Woodlock.
SAN DIEGO, March 19, 2019 -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in NYSE: W shares against Wayfair Inc. Investors, who.
Investors looking for tech stocks that can rise faster than the rebounding group of FAANGs may consider three smaller e-commerce players that are already leading the market and are poised to outperform longterm, according to some market watchers.
Are you looking to play the game like a pro rather than retail, that is, go long and short the market? If so, shares of retailers Wayfair (NYSE:W) and Target (NYSE:TGT) are in position for bulls to watch for the W stock pop and shop for the TGT stock drop. Let me explain.It's been a crazy ride the past few months and I'm not just talking about Wayfair stock or Target stock, either. From a fast and nausea-inducing correction to a historic and euphoric V-shaped rally; it's been thrilling, to say the least. Still, for investors working both sides of the aisle and shopping for both price drops and stock pops; they've stood to have done more than reasonably well.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut today's market may be a bit different. And in the retail sector it may be a more appropriate time to establish a long position in W stock and go short TGT following recent earnings reports and reactions supporting bulls and bears off and on the price chart, as I'll explain. Shop for the Pop in Wayfair StockIn more than one way, Wayfair stock is like Amazon.com (NASDAQ:AMZN). It's a throwback to a time when the tech giant was consistently unprofitable but sported huge growth potential to generate future earnings. Wayfair's fourth-quarter report in late February supports that argument easily enough. * The 10 Best Stocks to Buy for the Bull Market's Anniversary By the numbers, W stock beat the Street by 9 cents by delivering an adjusted loss of $1.19 versus estimates calling for a loss of $1.28. At the same time sales of $2 billion narrowly beat forecasts of $1.97 billion while showing top-line growth of 40% from the year-ago period.Wayfair also pleased investors looking to the future as the site's number of active buyers -- 15.2 million -- was 38% higher than year-ago figures and repeat customers accounted for 66.4% of total Q4 orders.W stock also has a history of being vilified and harangued by bearish short-sellers currently positioned with 38% of Wayfair's float and disbelieving value-oriented investors. That, too, has often plagued Amazon since its Dot.bomb days and into more recent times. So maybe, just maybe, Wayfair stock is in good company? The price chart agrees.The weekly view of Wayfair stock shows a name that's trending higher, albeit not without its share of volatility. Sound familiar? Again, AMZN comes to mind. Most recently the twists and turns on the W price chart shaped a deeper, corrective base during the broader market's own dizzying and brief move into bear territory by late December.Now, following Wayfair's well-received earnings reaction which jettisoned shares by 28% while signaling a pattern breakout to fresh all-time-highs, W stock has consolidated into a high handle pattern over the last couple weeks.I see the current price action as a nice platform for even higher prices in Wayfair as it strips away the overbought condition from earnings. As much, and given W's precariously positioned short interest, a breakout above $172.70 -- and 1% above the March 1 pattern high of $170.99 -- looks like an attractive momentum-style entry. Shop for the Drop in Target StockDespite others' forecasts and triumphant headline declarations, Target stock may have a bulls-eye on its back, both off and on the price chart after last week's earnings.For its fourth-quarter the big box retailer delivered a marginal penny beat with earnings of $1.53 per share surprising Wall Street's $1.52 estimate. For their part, investors bid TGT stock up a bit more than 4.50% following the release.But should Target bulls be popping open the champagne? More than a few analysts celebrating the results think so.One source of relief is the decent-looking digital comps growth of 31% as the retailer continues to try and beef up its online presence. And Target did boost its full-year profit guidance above Street views. So, I can appreciate that, but TGT stock looks much-less impressive elsewhere. * 7 Top Stocks to Buy From Goldman Sachs' Secret Portfolio Overall same-store sales of 5.3% versus estimates of 5% is a bit of yawn. Also, total revenue of $22.98 billion compared to forecasts of $23.05 billion was a miss not be taken lightly. And, let's be honest, are Target's in-line earnings guidance for Q1 really a cause for celebration?Net, net I'm seeing Target stock's results at best, equal parts 'shabby and chic' off and on the price chart as well.Looking at the daily chart of TGT stock and I'd be remiss to not admit shares are currently trending higher following it's 'in good company' corrective low set in late December. But TGT is struggling on a relative strength basis. Shares of Target are also definitely in a tug-of-war with bears in a key band of price resistance.The area from about $74.25 - $77.75 holds oodles of technical barriers from Fibonacci, the 200-day simple moving average and key price levels such as prior earnings gaps and previous all-time-highs.Currently and with Target stock wedged squarely in the middle of resistance, I'd simply look to short shares as a hedge of a W stock breakout combine with a stop above $77.75. Failing that, if other TGT investors begin to return their stock merchandise and shares fall beneath earnings support of $74.12; shopping for a continued drop looks promising as well.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, related musings or to ask a question, you can find and follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy Under 15x Earnings * 7 Dark Horse Stocks That Deserve Your Attention in 2019 * 5 Disruptive Technologies That Are Moving Too Fast Compare Brokers The post Investors Should Shop A Retail Pop-and-Drop With Wayfair, Target Stock appeared first on InvestorPlace.
Monday's jump in Wayfair's share price took the online seller of home furniture to an all-time high of $171.44, 89 per cent above where it started the year. It's been a maddening run-up for the short-sellers, which include Andrew Left of Citron Research, who slapped a $10 price target on the company in 2015. Like many battleground stocks of this cycle, Wayfair's $15.5bn enterprise value is a bone of contention for those who believe a company should trade on current fundamentals, rather than Panglossian extrapolations.
The company struggled with market-share losses through most of the year, but it's looking for a rebound in its upcoming earnings report.
NEW YORK, March 11, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
Wayfair (NYSE:W), one of the world’s largest online destinations for the home, announced today the Dream Classroom Giveaway, a contest awarding five teachers across the continental United States with brand-new classrooms. Winners will be selected based on submissions from teachers, colleagues, administrators, students and families, as well as anyone in local communities who would like to recognize the incredible work of their hometown teachers. Wayfair’s business program, Wayfair Professional, is hosting the Dream Classroom Giveaway contest in partnership with leading education manufacturers and suppliers, making over classrooms that span the education spectrum from elementary through secondary schools.
Wayfair Inc. (NYSE:W), one of the world’s largest online destinations for the home, today announced a new advertising campaign with ITV host and brand ambassador Lorraine Kelly, which launches on screens and online across the UK starting today. “It’s wonderful to be kicking off our third year of partnering with Lorraine Kelly, whose infectious positivity and charm continues to show shoppers across the UK how Wayfair makes it so fun and easy to find exactly what you need for any room in your home,” said Martin Reiter, Head of Europe, Wayfair. “Lorraine’s role as brand ambassador has been a part of helping so many of our UK customers discover Wayfair’s affordable selection and unique product range.
ClaimsFiler, a FREE shareholder information service, reminds investors that they have only until March 11, 2019 to file lead plaintiff applications in a securities class action lawsuit against Wayfair Inc.
NEW YORK, March 10, 2019 -- Bragar Eagel & Squire, P.C. reminds investors that class action lawsuits have been commenced on behalf of stockholders of Sogou Inc., Wayfair.
NEW YORK, NY / ACCESSWIRE / March 10, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have ...
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with large financial interests that they have only until March 11, 2019 to file lead plaintiff applications in a securities class action lawsuit against Wayfair Inc. (NYSE:W). Investor losses must relate to purchases of the Company’s Class A shares between August 2, 2018 and October 31, 2018.
The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Wayfair Inc. (“Wayfair” or “the Company”) (NYSE: W) violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. You can also reach us through the firm's website at www.schallfirm.com, or by email at email@example.com.
Rosen Law Firm, a global investor rights law firm reminds purchasers of the securities of Wayfair Inc. (NYSE:W) from August 2, 2018 through October 31, 2018, inclusive (the “Class Period”) of the important March 11, 2019 deadline in the class action. The lawsuit seeks to recover damages for Wayfair investors under the federal securities laws. To join the Wayfair class action, go to https://www.rosenlegal.com/cases-1489.html or call Phillip Kim, Esq.
NEW YORK, NY / ACCESSWIRE / March 8, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders ...
After a brutal late 2018 selloff, financial markets have been on a healthy and stable recovery path thus far in 2019. Through the first three months of the year, the S&P 500 is up 12%, marking one of its best starts to a calendar year in recent memory.As broader financial markets have stabilized, growth stocks have come back into favor. Indeed, one could say that they've done much more than come back into favor. Many of them have rushed to fresh all-time highs in 2019, and that's after big corrections in late 2018. That means that a handful of these growth stocks have staged huge rallies over the past three months.Which stocks fit into this category? And can these big rallies last?InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Wayfair Stock Is Bound to Experience Pain As Its Rally Ends These are questions investors should be asking as we head into what projects to be a more volatile time for financial markets throughout the balance of 2019. As such, let's take a look at seven growth stocks which have raced to all-time highs in early 2019, and analyze whether or not their big rallies can continue. iRobot (IRBT)Why It's at All-Time Highs: Shares of consumer robotics giant iRobot (NASDAQ:IRBT)have run up to all-time highs prices on the back of a strong double-beat-and-raise fourth-quarter earnings report that emphasized a few positive trends, including continued robust robotic vacuum market expansion, strong margin growth and a mitigated tariff impact.Where It's Going Next: The long-term IRBT growth narrative is positive. This company is morphing into a consumer robotics leader with minimal competition, and as such, will be a big revenue and profit grower for a lot longer as the consumer robotics space expands. Such big revenue and profit growth will keep IRBT stock on a long-term winning trajectory. But, in the near term, the valuation seems stretched at nearly 40x forward earnings. This stock needs to trade sideways for the foreseeable future to allow the fundamentals to catch up. Shopify (SHOP)Why It's At All-Time Highs: Shares of e-commerce solutions provider Shopify (NYSE:SHOP) have notched new all-time highs thanks to renewed macroeconomic confidence and a strong Q4 earnings report in which growth hardly slowed and margins continued to move higher. * 4 CBD Stocks to Buy for Mainstream Marijuana Profits Where It's Going Next: In the big picture, Shopify stock is powered by a secular growth narrative that goes something like this: the world is becoming increasingly decentralized thanks to technology democratizing creation and distribution processes. Shopify is enabling and empower this decentralization in the retail world. As this decentralization trend continues to play out over the next several years, Shopify's merchant base will grow by leaps and bounds. Revenues will roar higher. Profits will, too. So will SHOP stock. As such, the long-term narrative here is very bullish -- bullish enough to make this a long-term buy-and-hold stock. Cronos (CRON)Why It's At All-Time Highs: Shares of Canadian cannabis company Cronos (NASDAQ:CRON) have more than doubled in 2019 and run to fresh all-time highs on the back of a multi-billion dollar investment from tobacco giant Altria (NYSE:MO). Investors have interpreted this investment as a major vote of confidence from a well respected global tobacco giant, at a time when global cannabis market fundamentals are improving. Consequently, they have bid up CRON stock to new highs.Where It's Going Next: The cannabis market projects to be really, really big one day. With a multi-billion dollar investment from Altria in its back pocket, Cronos has the necessary financial resources, business know-how, and distribution networks to one day turn into a major player in this global market. It's fair to say that the stock has gone too far, too fast, and needs to cool off. This is likely what will happen. But, after that cooling off period, CRON stock will resume its uptrend, because the long-term fundamentals here of Cronos turning into a global cannabis giant are quite promising. Wayfair (W)Why It's At All-Time Highs: Shares of online home retailer Wayfair (NYSE:W) have surged over the past few weeks to all-time highs thanks to two things. One, confidence in the macroeconomic environments in the U.S. and Europe has dramatically improved. Two, Wayfair's margins finally stabilized last quarter, and that stabilization coupled with continued robust domestic and international growth served as justification for what had been several quarters of big investment. Investors rallied around those numbers, and bid up W stock to new highs. * 5 Reasons Stocks Are Falling Right Now Where It's Going Next: Wayfair is a big growth story. This company has differentiated itself as the leader in a secular growth online home retail market, and this market is very big. Management pegs it at $600 billion in the U.S. and Europe. Revenues were under $7 billion last year, and grew by over 40% year-over-year. Thus, there is lots of runway for Wayfair to remain a big growth company for a lot longer. Having said that, the valuation is a tough pill to swallow here, especially with profit margins still very weak. As such, I wouldn't chase this rally. But, I would buy any big dips. The Trade Desk (TTD)Why It's At All-Time Highs: Programmatic advertising leader The Trade Desk (NASDAQ:TTD) has exploded to all-time highs over the past few weeks thanks to a robust double-beat-and-raise fourth quarter earnings report which underscored that this company's growth narrative is still accelerating, and that big growth is here to stay for a lot longer.Where It's Going Next: The Trade Desk is a secular growth company powered by still accelerating tailwinds in automation and advertising. Over time, all $1 trillion worth of global ads will be transacted programmatically. That means that Trade Desk, which had under $3 billion in gross spend last year, has a huge opportunity in front of it to grow gross ad spend towards $100 billion-plus. If management successfully executes on that opportunity, TTD stock will head significantly higher in a long term window. Etsy (ETSY)Why It's At All-Time Highs: Shares of Etsy (NASDAQ:ETSY) have surged to all-time highs over the past few weeks thanks to robust holiday numbers which were strong across the board, including robust community, sales, margin, and profit growth. Investors cheered those results, and bid up ETSY stock to fresh highs. * 3 Earnings Reports to Watch Next Week Where It's Going Next: Etsy is a big growth company with strong growth drivers in e-commerce. But, there's lots of competition here, from Amazon (NASDAQ:AMZN), eBay (NASDAQ:EBAY), and others. To be sure, Etsy has held off that competition, but that's because Etsy dominates a niche of the market, meaning that growth won't remain big forever. Eventually, it will tap out, and so will margins. That may happen sooner than most expect, and at over 60x forward earnings, a slowdown could be catastrophic for ETSY stock. Chegg (CHGG)Why It's At All-Time Highs: Digital education platform Chegg (NASDAQ:CHGG) has roared to all-time highs on the back of a strong Q4 earnings report which included robust subscriber, revenue, and profit growth, as well as a healthy first quarter and fiscal 2019 guide.Where It's Going Next: CHGG stock will head higher from here. Why? Because the company is the unchallenged leader in the digital education market, and that market is far bigger than what the company is currently penetrating. At scale, Chegg will transform into a must-have digital education tool for all high school and college students. It is only a fraction of that today. As such, big growth is here stay for a lot longer. Such big growth is also accompanied by big margins. The combination of big growth and big margins will inevitably power CHGG stock higher in the long run.As of this writing, Luke Lango was long SHOP, TTD, AMZN, EBAY, and CHGG.Compare Brokers The post 7 Growth Stocks Racing to All-Time Highs appeared first on InvestorPlace.
NEW YORK, NY / ACCESSWIRE / March 8, 2019 / Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Wayfair Inc. (NYSE: W) from August 2, ...