|Bid||0.00 x 1400|
|Ask||94.18 x 1200|
|Day's Range||92.91 - 94.26|
|52 Week Range||66.53 - 96.87|
|Beta (3Y Monthly)||0.84|
|PE Ratio (TTM)||35.17|
|Earnings Date||Dec 18, 2019 - Dec 23, 2019|
|Forward Dividend & Yield||0.98 (1.05%)|
|1y Target Est||102.07|
At Nike, digital and direct-to-consumer business go hand in hand. Heidi O’Neill, president of Nike Direct, talked to Yahoo Finance about the swoosh brand’s “consumer direct offense,” how the company is leveraging consumer data to better serve its members and the new plans the company has in store for 2020.
Today we searched for highly-ranked, large-cap stocks using our Zacks Stock Screener that dividend investors might want to consider buying. All three of the stocks also happened to be Dow components from completely different industries...
Ben Rains breaks down what's going on in the retail world after Walmart impressed Wall Street last week. We then dive into what investors need to know about Home Depot, Target, and Macy's ahead of earnings...
Target is expected to report gains in the third quarter and analysts have a positive outlook for the holiday season.
Today we'll look at NIKE, Inc. (NYSE:NKE) and reflect on its potential as an investment. Specifically, we'll consider...
We highlight blue-chip companies slated to gain in the near term as they have large market capitalization, strong balance sheet and solid cash flow.
Kaepernick's reps called an audible, moving his NFL workout from Flowery Branch to Riverdale, but will it pay off?
The fate of your portfolio is written in the stars. Or at least it can be, if Daniel Greenberg and the professional pranksters behind the “Bull and Moon” investing app have their way.
The Dow Jones Industrial Average finished Friday above 28000 for the first time ever. Here are the top 5 winning stocks in the Dow from this week.
Lawyer Michael Avenatti on Friday urged a federal judge to dismiss a criminal fraud charge accusing him of misleading a client as part of his alleged effort to extort Nike Inc. In a motion filed in federal court in Manhattan, Avenatti said prosecutors were engaging in a "supercilious and dangerous attempt" to "regulate the practice of civil law" using a fraud statute meant to go after public officials who accept bribes and kickbacks. Avenatti, 48, gained notoriety for representing porn star Stormy Daniels, whose real name is Stephanie Clifford, in lawsuits involving President Donald Trump and his former personal lawyer Michael Cohen.
U.S. stocks advanced to fresh record highs to close the week. White House economic advisor Larry Kudlow noted that "short strokes" on a trade deal with China are close to completion and that "the mood music is pretty good" when it comes to finally getting Phase I of the accord signed by both sides.Source: FinViz * The S&P 500 rallied 0.77% * The Dow Jones Industrial Average jumped 0.80% * The Nasdaq Composite advanced 0.73% * Pfizer was among the Dow Jones leaders today and one of several stocks in the index with a gain of around 2%With the trade talks being a familiar theme this week, Treasury yields declined for much of the week on some nibbling at defensive trades by market participants. But bond prices declined today on the positive trade news."Concerns about the chances of the U.S. and China completing a phase-one pact had propelled Treasuries earlier this week, and acted as a headwind to a stock rally that keeps taking American gauges to record highs," according to Bloomberg.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSome decent earnings reports out of the semiconductor space propelled all of the Dow's technology components higher today. It also boosted the Nasdaq Composite to another record close. * 10 Cheap Stocks to Buy Under $10 In late trading, about two-thirds of the Dow's 30 constituents were pointed higher with a handful flirting with gains of 2% or more. Pfizer FunIn news that didn't get much attention, Pfizer (NYSE:PFE) and rival Bristol-Myers Squibb (NYSE:BMY) announced the start of a new stroke prevention study known as Guard-af. This stands for "reducing stroke by screening for undiagnosed atrial fibrillation in elderly individuals."While the companies took some liberties with that acronym, shares of Pfizer were up 2% today, pacing a mini-healthcare resurgence for the Dow today because each of the index's components from that sector traded higher on Friday. Nike Rewards InvestorsI mentioned a couple of times in recent days that Nike (NYSE:NKE) was dealing with rough public relations and the trade wranglings with China are often a headwind for NKE stock. But the shares jumped almost 2% today after the Oregon-based company announced a dividend hike.After the close of U.S. markets Thursday, Nike said it's boosting its quarterly payout 11% to 24.5 cents a share from 22 cents."Nike has consistently delivered strong cash flow and returns for shareholders and today's announcement marks NIKE's 18th consecutive year of increasing dividend payouts," said CEO Mark Parker in a statement.Nike was also quick to point out it initiated a four-year, $15 billion share buyback plan last year. Analysts Rush InYesterday, a sell-side analyst demonstrated some guts by issuing a "sell" rating on Apple (NASDAQ:AAPL). Indeed, that's a rare occurrence and investors were reminded of that today as several analysts that cover Apple were talking bullish on the stock.In fact, three analysts -- from J.P. Morgan, Piper Jaffray, and Wedbush --each raised their price forecasts on Apple today.J.P. Morgan's Samik Chatterjee increased his target on the stock to $290 from $280, while Wedbush's Daniel Ives went to $325 from $300. That's the highest on Wall Street.Ives notes "the combination of a 'super cycle' demand driver between iPhone 11/5G lineup of smartphones and a robust ~$60 billion services platform by FY 2021 will be the linchpins of the Apple growth story and stronger fundamental outlook looking ahead and thus command a higher multiple from current levels in our opinion," in a note cited by Barron's. Optimistic ViewHome Depot (NYSE:HD) is one of the few Dow companies that haven't yet reported earnings for the most recent quarter. But next week, it and rival Lowes (NYSE:LOW) step into the earnings confessional. At least one analyst is expecting Home Depot to get the better of its rival again. * 7 Stocks to Buy With Great Charts Today, Jefferies boosted its price target to $268 from $246 on Home Depot. That company reports on Nov. 19 followed by Lowes the next day. Bottom Line on the Dow Jones TodayAll-time highs are good for obvious reasons, but historical data confirm there are added benefits, namely that highs beget more new highs."So, should an all-time stock market high be cause for concern? Not really. Dating back to 1990, the average market returns over the 3-month, 6-month, and 12-month periods following all-time highs were 3%, 6%, and 13%, respectively," according to State Street.The research suggests there were some bumps along the way and that may be the case again this time around, but for now at least, it looks like the major averages are poised to rally into year end.As of this writing, Todd Shriber did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Silver and Gold Stocks to Buy That Offer Contrarian Upside * 7 Earnings Reports to Watch Next Week * 5 Online Retail Stocks to Buy on the Dip The post Dow Jones Today: Stocks Climb on U.S.-China Trade Developments appeared first on InvestorPlace.
Famous Footwear and Shoe Carnival Inc. benefit from Nike Inc.'s decision to stop selling on Amazon.com Inc. , Wedbush analysts say. Famous Footwear is part of the Caleres Inc. portfolio. "Nike sales are accelerating at both retailers as Famous Footwear should see positive Nike comps in Q3, with Shoe Carnival inflecting positive in Q4," Wedbush wrote. "Nike businesses and continued innovation from the brand into 2020 also drives further confidence in these retailer's ability to achieve at least positive low-single-digit comps in their FY20 as well. Finally, the Amazon decision significantly undermines a 'dying retail' investor concern relevant to Caleres and Shoe Carnival." Wedbush rates Caleres shares outperform with a $27 price target, and rates Shoe Carnival outperform with a $42 price target. Shares of Caleres are down 12.7% for the year to date, Shoe Carnival stock is up 8.7% and the S&P 500 index has rallied 24.2% for the period.
Lululemon Athletica (NASDAQ:LULU) is one of the great stocks of 2019, up nearly 72% as it opened for trade Nov. 15.Source: Sorbis / Shutterstock.com The company earned $3.18 per share for fiscal 2018. It has exceeded that in just three quarters this year. Investors are willing to pay up for that performance. Its trailing price-to-earnings ratio is 53. Its market capitalization of $28 billion is eight times last year's sales.But the lesson for investors goes beyond Lululemon. This is a story about the main retail trend of this decade, one defined in the clothing space by a Canadian company that's barely 20 years old.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Fully Branded, Fully ControlledThe secret of Lululemon's success is that it gets its merchandise made on order, sells only through its own stores and website, and almost never offers sales. People really do pay $110-$120 for a pair of its pants. They're not getting them for $40-$60 at outlet prices.Lululemon's costs are its manufacturing costs, its revenues are its full retail price. There are no wholesalers or stockjobbers in the way. While other retailers are getting 10%-20% margins, Lululemon's gross profits are more than 50% of sales. * 7 Silver and Gold Stocks to Buy That Offer Contrarian Upside The retailer has done this consistently through the decade. During that time, it has suffered two CEO scandals. The first took out founder Chip Wilson, the second his successor Laurent Potdevin.At the time Potdevin left, Lululemon was said to have a "toxic 'boy's club'" culture. But under Calvin McDonald, who joined from Sephora last year, the company hasn't missed a beat. Copying the Retail TrendThe Lululemon story is important not just because of the company's success, but because of what it says about retailing.Take Apple (NASDAQ:AAPL). There are now over 500 Apple stores, even though the company also uses other channels to sell its products. The stores help it control pricing, quality and user experience. They have made Apple the most valuable company in the world.Or, consider Target (NYSE:TGT). The company has distinguished itself the last few years with store brands. Its Cat & Jack children's line delivers $2 billion in sales alone. This means Target wins the entire mark-up, from manufacturing to retailing. Shares are up 71% in 2019.Want a third? Well, think about Nike (NYSE:NKE). It made news this week by dropping Amazon (NASDAQ:AMZN) from its list of outlets. But the bigger news is that one-quarter of Nike's sales are now direct-to-consumer. This maximizes its profit on each sale. Nike is up 25% so far in 2019.Brands that can't make the new trend work have suffered. The value of Under Armour (NYSE:UA, NYSE:UAA) was cut in half after Sports Authority, its primary U.S. retail outlet, went under. Under Armour could have bought Lululemon in 2015, but it now has less than half of Lululemon's market cap. The Bottom Line on LULU StockClothing brands that rely on retailers for distribution are in a double bind. Outlets that once championed them are going under. Giant retailers who might have picked up the slack have found they can create their own brands.Meanwhile, brands that can control both production and distribution, like Lululemon, are seeing expanded margins and new opportunities. Lululemon is taking a page from the Nike playbook with an "experiential" store in the Mall of America. It's a clone of a store in Chicago that, at nearly 20,000 square feet, is big enough to host events and hold a coffee bar.Retailing used to be about stores that enveloped shoppers with choices. It's now about brands that define choices, like Lululemon. It's the most important retailing story of the 2010's.Dana Blankenhorn is a financial and technology journalist. He is the author of the environmental story, Bridget O'Flynn and the Bear, available at the Amazon Kindle store. Write him at firstname.lastname@example.org or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in AMZN and AAPL. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Silver and Gold Stocks to Buy That Offer Contrarian Upside * 7 Earnings Reports to Watch Next Week * 5 Online Retail Stocks to Buy on the Dip The post Lululemon and LULU Stock Is the Decade's Most Important Retail Story appeared first on InvestorPlace.
DOW UPDATE The Dow Jones Industrial Average is trading up Friday afternoon with shares of UnitedHealth and Pfizer seeing positive gains for the price-weighted average. The Dow (DJIA) is trading 177 points (0.
A few months ago, it looked like the 2019 holiday season was going to be a dud. U.S.-China trade tensions were rapidly escalating. Tariffs were being slapped down left and right. Prices were going up left and right for consumers.Higher prices are a deterrent for consumer spending. Recession talk is also a deterrent for consumer spending, and there was a lot of that a few months ago thanks to the inverted yield curve. Consumer confidence readings were faltering, with a noticeable drop in forward expectations.A lot has changed since then.InvestorPlace - Stock Market News, Stock Advice & Trading TipsU.S.-China trade tensions have de-escalated in a big way. It now looks like tariffs may not get slapped down everywhere, and price hikes for consumers consequently may not materialize. Recession talk has also faded, as the yield curve has un-inverted and stocks have surged to record highs. At the same time, labor markets have continued to be characterized by low employment and steady wage gains.Suddenly, it looks like the 2019 holiday season could be a good one. Indeed, a recent National Retail Federation survey of U.S. consumers found that consumers are planning to increase their holiday spend by 4% year-over-year -- a solid reading that comes in noticeably above the 3.7% average holiday sales gain over the past five years.The investment implication? It may be time to buy retail stocks before a big holiday season surge. * 10 Cheap Stocks to Buy Under $10 But, not all retail stocks are worth it. Some retail stocks will noticeably outperform others. That's simply the nature of the consumer discretionary sector. So, which retail stocks should be on your shopping list this holiday season? Let's take a closer look. Retail Stocks to Buy this Holiday Season: Walmart (WMT)Source: Jonathan Weiss / Shutterstock.com The world's largest retailer, Walmart (NYSE:WMT), is naturally set to win big this holiday shopping season.After getting its butt kicked by Amazon (NASDAQ:AMZN) earlier this decade, Walmart has since figured things out. They've put a bunch of money into building a huge e-commerce platform, expanded their omni-channel capabilities, leveraged data to run smarter promotions, and updated store presentations to be more tech-savvy.These initiatives have worked. Walmart once again has the lowest prices in the entire retail industry, and offers consumers second-to-none omni-channel convenience. Because of this, Walmart has fired off multiple consecutive quarters of big traffic and comparable sales gains.There are no signs out there that this streak won't continue into the holiday season. As such, Walmart will likely have a very good holiday season, and a very good holiday season should provide a nice lift to WMT stock. Nike (NKE)Source: mimohe / Shutterstock.com Arguably the best brand in retail right now is Nike (NYSE:NKE). This is for a few reasons, all of which should persist into the 2019 holiday season.First, the athleisure trend is red-hot, and there are no signs that it will let up anytime soon. Second, Nike has leveraged unique, sometimes controversial marketing to energize its core consumer base (think the Colin Kaepernick campaign). Third, Nike has been ahead of peers on the product innovation curve. Fourth, Nike has been testing new shopping experiences with things like in-store customization options.Because of these four catalysts -- among many others -- Nike has been reporting huge revenue and profit growth numbers over the past few quarters. All of these trends remain alive and well today. They will persist into the holiday season. Thus, Nike's competitive positioning in the retail market will remain favorable for the next few months. * 7 Troubled Dividend Stocks With Yields Too Good to Be True Because of this, as consumers do their holiday shopping this season, they will buy a lot of product from Nike. This will provide a boost to Nike's holiday numbers, and that boost could drive NKE stock up towards $100. TJX Companies (TJX)Source: Joe Hendrickson / Shutterstock.com When it comes to off-price retail giant TJX Companies (NYSE:TJX), the bull thesis on TJX stock for the holiday season is surprisingly simple.The off-price retail channel is hot. Regardless of the economic backdrop or of the dynamics in the retail world, consumers are always attracted to low prices. Because of this, consumers are always attracted to the off-price retail channel.In that channel, TJX is king, with multiple store concepts that span across several categories in the off-price channel. That's why TJX has been able to report steady and healthy comparable sales growth over the past several years, while many other retailers have struggled.All of this positive momentum should continue this holiday season. Because of tariffs, consumers may turn to the off-price channel more than ever before. That will lead to huge holiday traffic gains for the likes of TJX, which should lead to strong holiday numbers and a nice jump in TJX stock. Target (TGT)Source: Robert Gregory Griffeth / Shutterstock.com The bull thesis on general merchandise retail giant Target (NYSE:TGT) for the 2019 holiday season is very similar to the bull thesis for Walmart.In a nutshell, Target has adapted to be a modern, dynamic retailer with smart pricing strategies, tech-integrated stores, a huge e-commerce platform and sprawling omni-channel capabilities. Because of this, Target has gone from struggling to compete in the retail industry, to being the hottest retailer around.At present, the company is reporting decade-best traffic and comparable sales growth numbers, and is growing its digital business faster than both Walmart and Amazon.In other words, of notable retailers, Target has the most momentum heading into the holiday 2019 shopping season. That's a favorable combination. Ultimately, it means Target's holiday sales numbers should be really good. * 7 Inexpensive, High-Dividend ETFs to Buy If they are, then this record rally in TGT stock -- shares are up 65% year-to-date -- will persist into the end of the year. Lululemon (LULU)Source: Richard Frazier / Shutterstock.com Earlier, I said that Nike is arguably the best brand in retail right now. Athletic apparel maker Lululemon (NASDAQ:LULU) would probably object to that claim -- and they would have a very good argument.All of the same tailwinds which are propelling the Nike growth narrative (increased athleisure style adoption, better-than-peer product innovation, strong marketing, etc) are also tailwinds propelling the Lululemon growth narrative. But, Lululemon is growing way faster than Nike (because Lululemon is much smaller) and Lululemon operates at significantly higher gross margins (since Lululemon has more pricing power).From this perspective, Lululemon is Nike, but with bigger growth potential and higher margins.Also from this perspective, Lululemon is set to have a record holiday season. Record holiday numbers will keep the rally in LULU stock alive for the foreseeable future. Five Below (FIVE)Source: Jonathan Weiss / Shutterstock.com Trend-oriented discount retail chain Five Below (NASDAQ:FIVE) was once one of the best growth companies in the retail world.The company leveraged its unique "$5 and below" value prop to consistently drive positive comparable sales growth. At the same time, the company was rapidly expanding its real estate footprint and margins were pushing higher. This combination ultimately resulted in huge profit growth, and that huge profit growth powered FIVE stock from $30 in early 2016 to $150 by early 2019.FIVE stock has stumbled over the past few months. Growth has slowed and margins have come under pressure.But, Five Below could rebound this holiday season. The core fundamentals here remain positive, as consumers continue to flock towards off-price retailing concepts over full-price ones. Westward expansion is going well, too. The numbers are solid. The holiday season should be good, supported by healthy consumer spend across the entire retail landscape. * 10 Cheap Stocks to Buy Under $10 Ultimately, Five Below could get its groove back over the next few months, and that could power FIVE stock back to all-time highs. Ross Stores (ROST)Source: Andriy Blokhin / Shutterstock.com Last, but not least, on this list of retail stocks to buy this holiday season is yet another off-price retail giant, Ross Stores (NASDAQ:ROST).As stated earlier, off-price retail strategies are working, and will continue to work for the foreseeable future because consumers have a secular attraction to low prices. In the off-price apparel retail world, TJX and Ross Stores are the two most recognizable and important names. Thus, so long as off-price retail strategies continue to work, Ross Stores should continue to report solid numbers.With respect to this holiday season, you could see an especially large influx of consumers into Ross Stores because: 1) consumers are still somewhat concerned about a recession and may not want to overspend, and 2) tariffs could make full-price stores seem extra expensive this holiday season.Consequently, Ross Stores could be due for a strong holiday season. If so, then ROST stock could be due for big gains into the end of the year.As of this writing, Luke Lango was long WMT, NKE, TJX, LULU and FIVE. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Silver and Gold Stocks to Buy That Offer Contrarian Upside * 7 Earnings Reports to Watch Next Week * 5 Online Retail Stocks to Buy on the Dip The post 7 Strong Retail Stocks to Buy for the 2019 Holiday Season appeared first on InvestorPlace.
Canndescent, one California's top-selling cannabis brands, announced this week the addition of Sam Arellano as chief marketing officer. Arellano is an award-winning accelerator of lifestyle brands including ...
The stock market rallied to record highs Friday on news a China trade deal may be near. The Dow Jones industrials surged more than 130 points.
Nike shut down its Nike Oregon Project in October after a runner reported the program having a toxic culture.
Yahoo Finance’s Reggie Wade joins the On the Move panel to discuss what Nike’s Direct to Consumer President Heidi O’Neill sees for the future of Nike and the retail industry.