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.
Retail & Wholesale
Market Realist tracks the latest news on stock performance, acquisitions, and earnings in the retail and wholesale sectors.
Trade War Hits Consumer Confidence, Stocks Retreat
Today, the Consumer Confidence Index data fell sharply to 125.1 in September from August’s 134.2. The reading was below the expected 133.5.
FedEx Teams Up with Google Wing to Test Drone Delivery
FedEx (FDX) has teamed up with Alphabet’s (GOOGL) Wing to make drone delivery a reality. Let’s take a closer look at how.
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.
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.”
Dow Jones Index Falls after Rising for Eight Days
The Dow Jones Industrial Average Index has fallen 0.4% or by 115 points today. The index is trading lower after rising for eight consecutive trading sessions.
Three Tech Stocks to Buy for 2020
Tech stocks have been massive wealth creators over the years. For 2020, you should look to Amazon, Alibaba, and Autodesk. Here’s why.
Why Dollar General Stock Surged after Its Q2 Results
Dollar General (DG) surged about 8% in premarket trading today after crushing expectations in its second-quarter results. It also raised its guidance for fiscal 2019.
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.
Elon Musk or Jack Ma: Who’s Right about AI?
Tesla’s CEO, Elon Musk, and Alibaba’s cofounder, Jack Ma, debated AI at the World Artificial Intelligence Conference in China on Wednesday.
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.
How the Stock Market Is Being Supported by Consumption
Despite the trade war and the inverted yield curve, the S&P 500 Index is down 1.8% this month. Its resiliency reflects the US consumer sector’s strength.
Kohl’s Stock Plunges after Mixed Q2 Results
Kohl’s (KSS) stock was down 6.3% as of 12:35 PM ET today as the company lagged analysts’ sales forecast for the second quarter.
Charlotte’s Web Holdings Stock Down after Earnings
Charlotte’s Web Holdings stock (CWBHF)(CWEB) was down 6.6% yesterday after the company reported lower-than-expected Q2 earning results.
Google Cloud for Retail Grows as It Wins Over Macy’s
In April, Google (GOOGL) unveiled Cloud for Retail, a package of cloud computing solutions specifically designed for retailers.
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.
Besides Venmo, PayPal’s Xoom Is Causing Ripples
While PayPal’s (PYPL) Venmo has been crushing its competition, PayPal recently launched Xoom’s digital remittance service in 32 European markets.
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.
Is the Chinese Economy Crumbling? Trump’s Advisor Says So
President Trump’s economic advisor, Larry Kudlow, said in an interview with CNBC today that the Chinese economy is “crumbling.”
Amazon’s Renewable Energy Portfolio Is Strengthening
Amazon’s (AMZN) has strengthened its renewable energy position recently via investments in new wind and solar power projects.
US-China Trade Talks: Trump’s Comments Impact Markets
On Tuesday, in-person US-China trade talks resumed in Shanghai. The two sides have been talking on the phone since the truce last month.
Why Wells Fargo Downgraded Dollar General Stock
Wells Fargo downgraded Dollar General (DG) stock to “market perform” from “outperform” on July 25. It remains positive about the company’s prospects.
Chinese and Indian Indexes Fall as Trade Talks Resume
On Tuesday, US and Chinese officials resumed trade talks over the phone days after they announced a trade truce.
What the Apple-Best Buy Partnership Could Offer
On June 19, Apple (AAPL) announced a partnership with US retail giant Best Buy (BBY).
How Alibaba’s Hong Kong Listing Could Benefit Shareholders
Alibaba (BABA) has begun the process of listing its shares in Hong Kong in what is known as a second public listing. According to a recent Reuters report, the company has confidentially filed paperwork for its Hong Kong listing, which could happen as soon as the quarter beginning in July.
Kroger’s Valuation Compared to Its Peers
As of June 21, Kroger (KR) was trading at a 12-month forward PE ratio of 9.9x. The company’s forward valuation multiple has fallen 5.4% since its first-quarter results on June 20.
How Alibaba Wants to Compete in Global Cloud Market
Alibaba (BABA) has taken over the Chinese cloud computing market.
Lowe’s Revenues: What to Expect in 2019?
For 2019, analysts expect Home Depot (HD) to report revenues of $111.4 billion in 2019—a rise of 2.9% from $108.2 billion in 2018.
Analysts Expect NIO to Outperform TSLA, TCEHY, BIDU, and BABA
According to the latest consensus data compiled by Thomson Reuters, six out of a total of 12 analysts covering NIO (NIO) recommended a “buy” for the stock.
What Dragged Kohl’s Sales Down in the First Quarter?
After six consecutive quarters of same-store sales growth, Kohl’s (KSS) disappointed investors by reporting a 3.4% decline in its same-store sales in the first quarter of fiscal 2019, which ended on May 4.
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.
What’s in the Cloud Market for Alibaba?
More than $180 billion is up for grabs in the global cloud computing market this year, and Alibaba is one of the major contenders for this opportunity.
Alibaba Unit Secures Hong Kong Virtual Banking License
Alibaba (BABA) looks to be on track to expand its financial services business in Asia.
eBay Joins Peers in Opening Physical Stores
eBay is not the first to go offline to connect with small businesses in an attempt to bridge the gap between online and offline retail.
Amazon Is Leaving China after 15 Years in the Country
e-Commerce giant Amazon (AMZN) will retreat from its domestic marketplace business in China as of July 18.
Bill Ackman Thanks Warren Buffett for His Fund’s Comeback in 2019
Bill Ackman has made a huge comeback in 2019.
What to Expect of Home Depot’s Revenue in 2019
Home Depot’s (HD) management team expects its revenue to rise 3.3% this year, which also accounts for an extra week of operations in 2018.
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%.
Can Whole Foods Expansion Help Revive Amazon’s Revenues?
Amazon (AMZN) has been struggling due to slow revenue growth and higher investments in 2019 in hiring and capital spending.
Alibaba Stoking Another Fire against Amazon in India
Alibaba (BABA) is preparing to inject $50 million in fresh funding in BigBasket, India’s top online grocery retailer.
Alibaba’s Recent Africa Deal Could Worry Amazon
Kenya is one of the African countries where Alibaba and Amazon are battling for e-commerce market share.
How Bed Bath & Beyond’s Valuation Stacks Up with Peers
Bed Bath & Beyond (BBBY) posted its third-quarter earnings on January 9, 2019.
How Best Buy’s Valuation Compares with Peers’
As of March 22, Best Buy’s (BBY) 12-month forward PE ratio was 12.3x, while specialty retail peers GameStop (GME) and Aaron’s (AAN) had PE ratios of 5.2x and 12.9x, respectively.
Dollar Tree’s Strategic Plans: Better Results in Fiscal 2019?
Analysts expect Dollar Tree’s sales to rise 3.8% to $23.7 billion in fiscal 2019. The adjusted EPS is expected to fall 2.2% to $5.33.
Do Analysts Expect JCPenney’s Revenue to Improve in 2019?
Currently, analysts expect JCPenney’s revenue to decline in fiscal 2019.
PayPal Is Left with Big Shoes to Fill in EMEA Leadership
The departure of PayPal’s (PYPL) longtime executive Louise Phelan leaves the company with big shoes to fill in a key market region.
How Did Kroger’s Margins Fare in 2018?
Kroger’s gross margin improved to 22.0% in the fourth quarter from 21.9% in the fourth quarter of fiscal 2017.
Could NIO Be on Warren Buffett’s Radar after Recent Stock Fall?
Chinese electric carmaker NIO (NIO) continued to burn cash in the fourth quarter.
The Top Five Investors in NIO, the ‘Tesla of China’
According to Reuters, Baillie Gifford was the largest investor in NIO as of December 31.
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.