Strict, quantitative value and fundamental analysis would dictate that you stick to the numbers, and to distrust anything but what the numbers tell you. Sometimes, however, answering the question of whether a stock represents a legitimate, attractive value opportunity is more art than science. Sometimes I find it necessary to try to look beyond the […]
Read More(Bloomberg) — In February 2021, Beyond Meat Inc. promised to bring fake meat to Pizza Hut, KFC and Taco Bell. More than a year and millions of dollars later, none of the restaurants has permanently added a faux-meat menu item in the US, leaving Beyond struggling to expand past its flagship burgers and sausages. No […]
Read MoreH&R Block, Inc., through its subsidiaries, provides assisted income tax return preparation and do-it-yourself (DIY) tax return preparation services and products to the general public primarily in the United States, Canada, and Australia. HRB $36.7700 1.4500 % 4.1100 H&R Block Sector : Consumer Discretionary Industry : Consumer Services – Misc Signal Short Term Trend Long […]
Read More(Bloomberg) — A key source of US economic growth this year — consumer spending — is showing signs of losing steam, even before Wednesday’s round of Federal Reserve rate hikes kick in. Credit card data show that spending in May was just 10% higher from the same month last year, according to a Barclays report […]
Read More(Bloomberg) — CarMax Inc. sank after its fourth-quarter used vehicle sales missed analyst estimates, with soaring prices and anxiety over the economy keeping some customers away. The Richmond, Virginia-based company cited declining consumer confidence and affordability, among other factors, for a 6.5% drop in the number of used cars it sold last quarter in stores […]
Read MoreThe rally in Coca-Cola’s stock (KO) is just beginning, said one closely watched beverage analyst on Wall Street. “We see the company exiting FY21 transition year stronger for four reasons: 1) strong emerging markets despite still low vaccination rate, 2) on-premise recovering faster than originally forecasted, 3) restructuring and portfolio rationalization led to a more […]
Read MoreFor investors, the holiday season generally marks a time when consumer activity should be healthy and demand for consumer goods will be high. That’s a big reason that the latter part of the year, as the colder months set in across the country that retail stocks often start to see healthy increases in prices. That […]
Read MoreA pedestrian carries shopping bags in San Francisco on Sept. 16, 2021. U.S. consumers have become less positive. David Paul Morris/Bloomberg Consumers are sending worrisome signals that investors aren’t heeding. It’s time to pay attention. The stock market and consumer sentiment usually rise and fall in tandem. Take the past 18 months. Ultraloose global monetary […]
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