Best Buy Reports Earnings After an All-Time High

Best Buy Reports Earnings After an All-Time High

Consumer durables retailer Best Buy Co., Inc. (BBY) releases its quarterly results before the opening bell on Thursday, May 24, and has a favorable track record when it comes to earnings. The retailer of refrigerators and televisions down in size to handheld devices...
Active Traders Remain Bullish on Materials

Active Traders Remain Bullish on Materials

The basic materials sector – which comprises market segments such as chemicals, containers, packaging, metals, mining and forest products – is often one of the best market hedges due to the underlying demand for its products. In this article, we take a look at several...
Target Stock's Upside Looks Limited

Target Stock's Upside Looks Limited

Target Corporation (TGT) reports first quarter earnings on Wednesday morning, with analysts expecting the big box giant to post earnings per share of $1.39 on $16.6 billion in revenues. The stock sold off after the retailer met fourth quarter estimates in March,...
Lowe's Stock Moves Higher on Spring Consumer Spending

Lowe's Stock Moves Higher on Spring Consumer Spending

Home improvement giant Lowe’s Companies, Inc. (LOW) reports earnings before the opening bell on Wednesday as homeowners begin nationwide repairs and sprucing up gardening after rough winter weather. The stock closed Monday, May 21, at $87.39, down 6% year to...
Retailers Could Hit New Highs

Retailers Could Hit New Highs

Brick-and-mortar retailers surged to higher ground last week, with many components breaking out of basing patterns or posting new 2018 highs. This buying wave should continue into the third quarter, with speculators betting on a surge in U.S. consumer spending, driven...
AutoZone Set for Positive Charts on Earnings Beat

AutoZone Set for Positive Charts on Earnings Beat

AutoZone, Inc. (AZO) is a retailer of after-market auto parts and accessories that are usually cheaper than the branded parts found at automobile dealers. AutoZone stock closed Friday, May 18, at $652.64, down 8.3% year to date and in correction territory at 18.2%...