Retail & Wholesale

In today’s Get Real, we saw that several third-quarter results are out and all over the board. We also have recommendations for stocks to watch going forward. 

Macy’s (M) stock fell 4.2% on October 18 after Credit Suisse downgraded its rating. Credit Suisse downgraded the rating to “underperform” from “neutral.”

In today’s Get Real, we saw that Boeing is caught in a massive scandal. Chipotle investors are in a good place and Ford is looking to EVs.

Analyst Christopher Eberle reiterated a “buy” rating and a price target of $161 on Microsoft stock. He predicts that Azure could grow 61.6% in Q1.

Retailing has undergone a tremendous change over the last couple of decades. The brick-and-mortar model is giving way to online retailers.

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.

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 (FDX) has teamed up with Alphabet’s (GOOGL) Wing to make drone delivery a reality. Let’s take a closer look at how.

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.

On Tuesday, Guggenheim lowered its outlook on Home Depot (HD) stock. Notably, Guggenheim downgraded the stock to “neutral.”

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.

Tech stocks have been massive wealth creators over the years. For 2020, you should look to Amazon, Alibaba, and Autodesk. Here’s why.

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.

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.

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 (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 (CWBHF)(CWEB) was down 6.6% yesterday after the company reported lower-than-expected Q2 earning results.

In April, Google (GOOGL) unveiled Cloud for Retail, a package of cloud computing solutions specifically designed for retailers.

Walgreens and CVS Health shares are trading at a low valuation multiple. The stocks have fallen 22.3% and 8.7%, respectively, in 2019.

While PayPal’s (PYPL) Venmo has been crushing its competition, PayPal recently launched Xoom’s digital remittance service in 32 European markets.

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.

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.

Wells Fargo downgraded Dollar General (DG) stock to “market perform” from “outperform” on July 25. It remains positive about the company’s prospects.

On Tuesday, US and Chinese officials resumed trade talks over the phone days after they announced a trade truce.

On June 19, Apple (AAPL) announced a partnership with US retail giant Best Buy (BBY).

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.

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.

Alibaba (BABA) has taken over the Chinese cloud computing market.

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.

Target’s (TGT) digital sales continued to grow at a brisk pace driven by the expansion of its e-commerce platform.

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 (BABA) looks to be on track to expand its financial services business in Asia.

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.

e-Commerce giant Amazon (AMZN) will retreat from its domestic marketplace business in China as of July 18.

Bill Ackman has made a huge comeback 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.

Kroger (KR) stock underperformed the broader markets in the first quarter and fell 10.5%. In comparison, the S&P 500 rose 13.1%.

Kenya is one of the African countries where Alibaba and Amazon are battling for e-commerce market share.

Bed Bath & Beyond (BBBY) posted its third-quarter earnings on January 9, 2019.

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.