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The Zacks Analyst Blog Highlights: Macy's, Ross Stores, Ralph Lauren, Under Armour and V.F.
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For Immediate Release
Chicago, IL – November 21, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Macy's, Inc. (M - Free Report) , Ross Stores, Inc. (ROST - Free Report) , Ralph Lauren Corporation (RL - Free Report) , Under Armour, Inc. (UAA - Free Report) and V.F. Corporation (VFC - Free Report) .
Consumer Discretionary Stocks to Buy for Black Friday
When it comes to retail sales, Black Friday is probably only second to the months of November and December. Online shopping may have robbed some of its shine, but experts still think that the Black Friday period continues to be a crucial time for conventional retailers. This is borne out by fresh survey data from the National Retail Federation (NRF).
Consumer discretionary stocks are also likely to post gains on the financial markets this week. Historical data shows that the S&P 500’s consumer discretionary sector has posted strong gains over the Thanksgiving trading week. This is why it makes sense to pick up consumer discretionary stocks, which are part of the S&P 500, during this period.
Strong Performers During Thanksgiving Trading Week
According to CNBC analysis using Kensho Financial Analytics Software, the S&P 500’s consumer discretionary sector has increased 1% on average over the last 30 years during the Thanksgiving trading week. During this period, which ends with Black Friday, the sector has also traded positively 71% of the time.
This is the best performance of any of the benchmark’s sectors, but for communications, which has gained 1.1% over this period. Further, it is nearly twice the average return for the S&P 500 as a whole, which has gained more than 0.5% on average during the Thanksgiving trading week.
Kensho data shows that the best performing S&P 500 retail stocks during this period are Amazon and Best Buy. Shares of these stocks have gained respectively 4% and 3.7% on average, during this week.
More Than 164 Million to Shop This Weekend
According to the annual survey conducted by Prosper Insights & Analytics for the NRF, 164 million Americans will scramble to grab offers over the Thanksgiving weekend. Per the NRF’s Ana Smith, Black Friday is the second-biggest shopping day of the holiday season. The day will see 116 million Americans hunting for the best offers.
Per the survey, 21% of those looking to shop over this holiday weekend will shop on Thanksgiving Day. While this works out to 34 million, Black Friday will be the busiest day of this period, with 71% or 116 million going out to grab the best deals. Nearly 46% or 75 million Americans will make the best of online bargains on Cyber Monday, which brings this period to a close.
Our Choices
As is historically the case, the Thanksgiving week is likely to be a big period for traditional retailers. Further, the Black Friday trading week will be a strong period for consumer discretionary stocks, per CNBC. The sector has gained 1% on average during this period over the last 30 years.
This is why it makes sense to add consumer discretionary stocks from the S&P 500 to your portfolio during this period. We have narrowed our search to the following stocks based on a Zacks Rank #2 (Buy) and other relevant metrics. You can see the complete list of today’s Zacks #1 Rank stocks here.
Macy's, Inc.is one of the leading department store retailers in the United States.
Macy's expected earnings growth for the current year is 11%. The Zacks Consensus Estimate for the current year has improved by 6.8% over the last 30 days.
Ross Stores, Inc.operates as an off-price retailer of apparel and home accessories, primarily in the United States.
Ross Stores’ expected earnings growth for the current year is 23.6%. The Zacks Consensus Estimate for the current year has improved by 0.2% over the last 30 days.
Ralph Lauren Corporation is a major designer, marketer and distributor of premium lifestyle products.
Ralph Lauren’s expected earnings growth for the current year is 12.6%. The Zacks Consensus Estimate for the current year has improved by 2% over the last 30 days.
Under Armour, Inc.is one of the leading designers, marketers and distributors of authentic athletic footwear, apparel and accessories for a wide variety of sports and fitness activities in the United States and internationally.
Under Armour’s expected earnings growth for the current year is 15.2%. The Zacks Consensus Estimate for the current year has improved by 27.4% over the last 30 days.
V.F. Corporation designs, manufactures and markets branded apparel and related products in the United States and internationally.
V.F. Corp’s expected earnings growth for the current year is 24.9%. The Zacks Consensus Estimate for the current year has improved by 3.1% over the last 30 days.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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The Zacks Analyst Blog Highlights: Macy's, Ross Stores, Ralph Lauren, Under Armour and V.F.
For Immediate Release
Chicago, IL – November 21, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Macy's, Inc. (M - Free Report) , Ross Stores, Inc. (ROST - Free Report) , Ralph Lauren Corporation (RL - Free Report) , Under Armour, Inc. (UAA - Free Report) and V.F. Corporation (VFC - Free Report) .
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Tuesday’s Analyst Blog:
Consumer Discretionary Stocks to Buy for Black Friday
When it comes to retail sales, Black Friday is probably only second to the months of November and December. Online shopping may have robbed some of its shine, but experts still think that the Black Friday period continues to be a crucial time for conventional retailers. This is borne out by fresh survey data from the National Retail Federation (NRF).
Consumer discretionary stocks are also likely to post gains on the financial markets this week. Historical data shows that the S&P 500’s consumer discretionary sector has posted strong gains over the Thanksgiving trading week. This is why it makes sense to pick up consumer discretionary stocks, which are part of the S&P 500, during this period.
Strong Performers During Thanksgiving Trading Week
According to CNBC analysis using Kensho Financial Analytics Software, the S&P 500’s consumer discretionary sector has increased 1% on average over the last 30 years during the Thanksgiving trading week. During this period, which ends with Black Friday, the sector has also traded positively 71% of the time.
This is the best performance of any of the benchmark’s sectors, but for communications, which has gained 1.1% over this period. Further, it is nearly twice the average return for the S&P 500 as a whole, which has gained more than 0.5% on average during the Thanksgiving trading week.
Kensho data shows that the best performing S&P 500 retail stocks during this period are Amazon and Best Buy. Shares of these stocks have gained respectively 4% and 3.7% on average, during this week.
More Than 164 Million to Shop This Weekend
According to the annual survey conducted by Prosper Insights & Analytics for the NRF, 164 million Americans will scramble to grab offers over the Thanksgiving weekend. Per the NRF’s Ana Smith, Black Friday is the second-biggest shopping day of the holiday season. The day will see 116 million Americans hunting for the best offers.
Per the survey, 21% of those looking to shop over this holiday weekend will shop on Thanksgiving Day. While this works out to 34 million, Black Friday will be the busiest day of this period, with 71% or 116 million going out to grab the best deals. Nearly 46% or 75 million Americans will make the best of online bargains on Cyber Monday, which brings this period to a close.
Our Choices
As is historically the case, the Thanksgiving week is likely to be a big period for traditional retailers. Further, the Black Friday trading week will be a strong period for consumer discretionary stocks, per CNBC. The sector has gained 1% on average during this period over the last 30 years.
This is why it makes sense to add consumer discretionary stocks from the S&P 500 to your portfolio during this period. We have narrowed our search to the following stocks based on a Zacks Rank #2 (Buy) and other relevant metrics. You can see the complete list of today’s Zacks #1 Rank stocks here.
Macy's, Inc.is one of the leading department store retailers in the United States.
Macy's expected earnings growth for the current year is 11%. The Zacks Consensus Estimate for the current year has improved by 6.8% over the last 30 days.
Ross Stores, Inc.operates as an off-price retailer of apparel and home accessories, primarily in the United States.
Ross Stores’ expected earnings growth for the current year is 23.6%. The Zacks Consensus Estimate for the current year has improved by 0.2% over the last 30 days.
Ralph Lauren Corporation is a major designer, marketer and distributor of premium lifestyle products.
Ralph Lauren’s expected earnings growth for the current year is 12.6%. The Zacks Consensus Estimate for the current year has improved by 2% over the last 30 days.
Under Armour, Inc.is one of the leading designers, marketers and distributors of authentic athletic footwear, apparel and accessories for a wide variety of sports and fitness activities in the United States and internationally.
Under Armour’s expected earnings growth for the current year is 15.2%. The Zacks Consensus Estimate for the current year has improved by 27.4% over the last 30 days.
V.F. Corporation designs, manufactures and markets branded apparel and related products in the United States and internationally.
V.F. Corp’s expected earnings growth for the current year is 24.9%. The Zacks Consensus Estimate for the current year has improved by 3.1% over the last 30 days.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.