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FL’s value target gives it plenty of room for growth

The past year and a half has provided a lot of interesting case studies not only in how corporations have evolved to survive and get by, but also in how consumer behaviors and trends have shifted. Broad-based shutdowns that shuttered businesses all over the U.S. at the beginning of the pandemic sent people home for […]

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ADP Reports Private Payroll Gains Of Better-Than-Expected 692,000 Jobs

Plus, Bed Bath & Beyond said sales rose nearly 50% in the first quarter, Plug Power got a new Buy rating, and Taboola has gone public via a SPAC acquisition.

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Why This 1 Retail Stock Looks Like A Better Bet Than Amazon After Prime Day

Amazon held its two-day Prime Day event this week, but one trader says there’s another e-commerce stock that looks like a better option now.

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Bitcoin Sell-Off Intensifies With Coin Dropping Below $30,000, Wiping Out Gains For The Year

Plus, GameStop said it raised $1.13 billion through the sale of 5 million additional shares, McDonald’s said it is launching its loyalty program on July 8, and Splunk announced a $1 billion investment from Silver Lake.

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Fed’s Bullard Sees Interest Rate Increase Happening In 2022

Plus, Boeing’s largest 737 Max plane is expected to take its initial flight today, Morgan Stanley said Facebook remains its top social media stock pick, and Adobe delivered an earnings beat.

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DraftKings Shares Drop As Short Seller Issues Warning

Plus, the U.S. and EU resolved their 17-year long Boeing-Airbus trade dispute, GM is partnering with Wabtec to develop and commercialize electric locomotives, and Best Buy is expanding into luggage and outdoor grills.

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Apparel
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GIL is up more than 110% in the last year – and it might not be done

One of the sources of a lot of conversation among talking heads and market analysts in general lies around the “reopening” concept. With social and business restrictions easing across the United States, many of the activities we all enjoyed prior to the global pandemic are coming back into a vogue. The most recent Memorial Day […]

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Biopharmaceuticals
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Consumer Prices Accelerated At Their Fastest Pace In Nearly 13 Years In May

Plus, GameStop announced a new CEO and CFO, Moderna asked the FDA to expand the approved use of its COVID-19 vaccine to 12 to 17 year olds, and Restoration Hardware delivered an earnings beat.

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AMC Shares Jump As Investor Shrug Off Mudrick Stock Sale

Plus, a cyberattack on JBS shutdown its U.S. beef plants yesterday, Dogecoin is up more than 30% after Coinbase announced it will list the crypto on its Pro platform on Thursday, and Etsy is buying resale app Depop.

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Where is the bargain price for KSS right now?

As COVID-19 continues to fade as a primary concern in the U.S., analysts are naturally starting to talk about the pace of recovering economic activity. That includes just about every sector and industry that has been impacted by the pandemic-driven restrictions on social gathering, mask-wearing mandates and more, including the Consumer Discretionary sector, which includes […]

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Biotech
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Best Buy Said Its Sales Jumped 36% In The First Quarter

Plus, Nvidia delivered an earnings beat, Gap is teaming up with Walmart on a home goods line, and Acorns is going public via a SPAC merger. Stocks were higher at the open on Thursday with the Dow gaining 109 points, or 0.3%. The S&P 500 added 0.1%, while the Nasdaq rose less than 0.1%. Best […]

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Amazon
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Amazon Is Officially Buying MGM Studios For $8.45 Billion

Plus, Royal Dutch Shell has been ordered to slash emissions by 45% by 2030, Ford is boosting its spending on electric vehicles to $30 billion over the next four years, and Dick’s Sporting Goods delivered an earnings beat.

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Cryptos Plunge With Bitcoin Falling As Low As $30,000

Plus, Coinbase experienced outages amid the sell-off in cryptocurrencies, Target delivered an earnings beat, and JetBlue announced a new route from New York’s JFK to London’s Heathrow.

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