Amit Singh
Amit Singh has been working with Market Realist since 2017. He has over eight years of strong experience (both sell-side and buy-side) in analyzing financial reports and filings as well as identifying strategic investment opportunities. Over the years, Amit has covered various industries and geographies, with a primary focus on consumer staples and the consumer discretionary sector.
Amit’s background spans evaluating company portfolios, building complex financial models, writing financial articles, and identifying the overall financial worth of companies. He has a post-graduate diploma in finance.
Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.
More From Amit Singh
Is Lululemon Stock a ‘Buy’ after the Pullback?
Lululemon shares have fallen about 5% since September 6. Lululemon stock rose 8% on September 6. Since then, the stock has been on a downtrend.
Walmart and Target: The Best of the Retail Stock Plays?
Walmart stock has risen 27.1% and Target stock is up 62.6% YTD through September 24. Same-day fulfillment and delivery services have pushed their growth.
Kimberly-Clark and Clorox: Barclays Is Bullish and Bearish
On September 23, Barclays analyst Lauren Lieberman upgraded Kimberly-Clark (KMB) stock and downgraded the Clorox Company (CLX) stock.
Target Stock Rose Due to New Share Repurchase Program
Given the sharp rise in Target stock, the upside could be limited. However, we expect Target to continue to post healthy comps and earnings growth.
Holiday Sales: Early Projections Set Bullish Tone
Deloitte expects holiday sales to exceed $1.1 trillion during the November–January period. Also, e-commerce sales are projected to increase 14%–18%.
Home Depot: Why Did Guggenheim Downgrade the Stock?
On Tuesday, Guggenheim lowered its outlook on Home Depot (HD) stock. Notably, Guggenheim downgraded the stock to “neutral.”
Procter & Gamble Stock: Valuation Limits Upside
Procter & Gamble stock trades at 24.7x its fiscal 2020 estimated core EPS of $4.85. The stock trades at 23.2x its fiscal 2021 estimated core EPS of $5.17.
Church & Dwight Stock: Valuation Overshadows Growth
Church & Dwight (CHD) stock has risen 9.5% on a YTD (year-to-date) basis as of September 13. However, the stock lags its peers by a wide margin.
Why Did Ulta Beauty Stock Fall after Its Q2 Results?
Ulta Beauty (ULTA) stock fell about 22% after its lower-than-expected second-quarter results on Thursday. Ulta Beauty posted net sales of $1.67 billion.
Walgreens: Pain Eases, but It’s a Far Cry from Recovery
Walgreens stock is underperforming and is trading at a low valuation. Despite this low valuation, the stock’s recovery could take time.
PZZA Stock Rose Due to New CEO Appointment
Papa John’s (PZZA) stock rose more than 7% in morning trade on Tuesday following the news about the new CEO’s appointment.
Why Amazon Stock Fell for a Sixth Straight Week
Amazon (AMZN) stock has now fallen for six straight weeks. Here’s a summary of what’s impacted the stock and analysts’ outlook for the e-commerce giant.
Why Target Could Gain from Disney’s Shop-in-a-Shop
Target has announced it is teaming up with Disney to launch its shops inside 25 select Target stores in October, and another 40 stores by October 2020.
Procter & Gamble Stock: What’s behind Its Solid Return?
Procter & Gamble stock benefits from its strong organic sales. On average, the company’s organic sales have increased by 5% in the last four quarters.
Walmart Beats Amazon in Grocery Race, Stock Rises
Walmart’s online grocery services are attracting more customers than Amazon. WMT stock has risen before the company’s Q2 earnings release tomorrow.
Walgreens or CVS Stock: Which Is a Better Value Buy?
Walgreens and CVS Health shares are trading at a low valuation multiple. The stocks have fallen 22.3% and 8.7%, respectively, in 2019.
Walmart Stock Looks Attractive before Q2 Earnings
The recent pullback in Walmart stock makes it an attractive bet. Walmart stock has fallen about 8% in the past month. Trade war concerns impact the stock.
Walgreens Will Close 200 US Stores
In a regulatory filing on Tuesday, Walgreens Boots Alliance (WBA) announced that it will close 200 stores in the US to focus on store optimization.
Could CVS Health’s Q2 Results Boost Its Stock?
CVS Health (CVS) is set to announce its second-quarter results on August 7. We expect CVS to sustain its momentum in the quarter, supporting its stock.
Hershey Stock Reaches a Record High
Hershey (HSY) stock is trading at a record high thanks to the company’s price restructuring initiatives. The stock has risen 42.7% this year.
Bank of America Posts Mixed Q2 Results Amid Rate Cut Concerns
On Wednesday, Bank of America (BAC) reported mixed second-quarter results. The bank’s profitability beat analysts’ expectation.
Target’s Bull Run Continues: What’s Driving the Uptrend?
Target has generated stellar returns so far this year and is up 33.0% year-to-date. A few different things are driving this performance.
What Drove McCormick’s Flavor Solutions Segment?
McCormick’s (MKC) flavor solutions segment’s sales increased 1.0% on a year-over-year basis to $0.54 billion.
How General Mills’ Segments Performed in Q4
In fiscal 2019’s fourth quarter, General Mills’ (GIS) North American Retail net sales fell 2% YoY (year-over-year) to $2.34 billion, and organic sales fell 2% due to lower pricing.
What Analysts’ Price Target Indicates for J.M. Smucker Stock
Wall Street has a price target of $114.54 per share on the J.M. Smucker Company (SJM), implying a potential downside of 5.6% based on its closing price of $121.31 on June 24.
Why Analysts Expect Hershey Stock to Fall
Wall Street maintains a consensus target price of $122.93 per share on the Hershey Company (HSY), which implies a potential downside of 10.9% based on its closing price of $137.90 on June 19.
Same-Day Delivery Services Drove Target’s Digital Sales
Target’s (TGT) digital sales continued to grow at a brisk pace driven by the expansion of its e-commerce platform.
Why Clorox Stock Is Underperforming Peers
Clorox stock (CLX) is down about 8% since the company posted its third quarter of fiscal 2019 earnings on May 1.
What to Expect from Walmart’s Q1 Results
Walmart (WMT) is scheduled to announce its first-quarter results on May 16. Analysts expect Walmart’s net sales to improve.
Currency and Competition Hurt Clorox’s Q3 Sales
Clorox (CLX) posted net sales of $1.55 billion, which fell short of Wall Street’s estimate of $1.57 billion.
Kellogg: Analysts Recommend a ‘Hold’
Most of the analysts covering Kellogg continue to maintain a neutral outlook on the stock, which reflects near-term pressure on its earnings.
Bank of America’s Asset Quality, Efficiency, and Earnings
Bank of America’s (BAC) credit quality across its consumer and commercial portfolios remained stable at the end of the first quarter.
Is Kroger Losing to Walmart, Target, and Costco?
Kroger (KR) stock underperformed the broader markets in the first quarter and fell 10.5%. In comparison, the S&P 500 rose 13.1%.
These Consumer Staples Stocks Marked Stellar Gains in Q1
The Consumer Staples Select Sector SPDR ETF (XLP) rose 10.5% in the first quarter of 2019.
Analyzing Conagra Brands’ Growth Drivers
Conagra Brands (CAG) shares have risen 21.1% since the company reported its third-quarter earnings on March 21.
Why General Mills’ Sales Growth Rate Could Decelerate
General Mills (GIS) posted stronger-than-expected sales during the third quarter of fiscal 2019.
Why Kraft Heinz’s EPS Could See a Double-Digit Decline in 2019
Kraft Heinz’s (KHC) bottom line has remained under pressure in the past two quarters and disappointed investors.
Kraft Heinz: Rare Upgrade from Morgan Stanley
Kraft Heinz (KHC) shares got a rare upgrade on March 4. Morgan Stanley upgraded Kraft Heinz stock to “equal weight.”
What’s Hurting CVS and Walgreens Stocks?
Walgreens Boots Alliance stock (WBA) fell 6.4% on March 1 after Baird’s reduction in target price.
Did Kraft Heinz’s Underperformance Ring an Alarm Bell?
Shares of Kraft Heinz (KHC) crashed more than 27% on Friday, February 22, as weaker-than-expected fourth-quarter results and sluggish guidance upset investors.
Walmart’s Sam’s Club Continues to Impress with Comps Growth
The underlying sales at Walmart’s (WMT) Sam’s Club continued to impress and sustained momentum during the fourth quarter of fiscal 2019.
Bank of America Stock: Analyzing the Uptrend
Bank of America (BAC) has impressed investors with its financial performance. We expect Bank of America to sustain the momentum in 2019.
What Drove Clorox’s Q2 Sales?
Clorox (CLX) posted net sales of $1.47 billion during the second quarter.
Kellogg Stock: Analysts’ Recommendations
Analysts continue to suggest a “hold” rating on Kellogg (K) stock. Analysts’ target price shows a downward trend.
Procter & Gamble’s Valuation Compared to Its Peers
Procter & Gamble (PG) stock trades at 20.8x its estimated fiscal 2019 EPS of $4.41, which doesn’t look attractive.
What Could Hurt Walmart’s Profitability in 2019?
Walmart (WMT) had impressive earnings in the first three quarters of fiscal 2019. Walmart beat analysts’ expectations.
What’s Backing the Uptrend in Hormel Foods Stock?
Hormel Foods (HRL) is another company in the consumer staples industry that has outperformed the broader markets so far this year.
What’s Driving Walmart’s International Sales?
Walmart’s (WMT) international business continued to perform well and reported healthy growth during its fiscal second quarter of 2019.
Why Walmart’s International Strategy Bodes Well for Growth
Walmart (WMT) is reshaping its international strategy, which augurs well for long-term growth. As competition heats up in the domestic market, Walmart is looking eastward to accelerate growth.
Could McCormick’s Improving Fundamentals Boost Its Stock?
McCormick (MKC) has seen double-digit sales and earnings growth over the past couple of quarters.