We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The end is near for first quarter earnings season but there are still over 200 companies that will be reporting this week and another 100 companies reporting next week, including some popular pandemic winners in retail.
Can the pandemic winners keep beating?
And if they do, will the shares continue to hit new highs?
5 Top Charts for the End of Earnings Season
1. Lululemon (LULU - Free Report) has beat 3 quarters in a row but the Street hasn’t cared as shares are down 7% year-to-date. Yoga pants are considered “out” in the reopening world, but Lululemon has been counted out before. It is more than just yoga pants. Yet shares are trading at 50x forward earnings. Is it too hot to handle?
2. Thor Industries (THO - Free Report) has been a big pandemic winner as consumers have been buying RVs and towables to hit the great outdoors. It has posted 4 huge beats in a row but shares are still down 16.7% in the last month. Is all the good news priced in or is THO a deal?
3. RH (RH - Free Report) has only missed once in the last 5 years and it was all the way back in 2016. Shares are up 39% year-to-date as furniture has been one of the hottest retail niches. RH trades with a forward P/E of 30. Is it over priced here?
4. Oxford Industries (OXM - Free Report) is a specialty retailer with 3 strong brands: Lily Pulitzer, Tommy Bahama and Southern Tide. It’s coming off a big miss last quarter but the Street hasn’t cared as shares have soared 44% year-to-date. It trades with a forward P/E of 31. Is the good news already priced in?
5. Chewy, Inc. (CHWY - Free Report) has beat 3 quarters in a row. It was a big pandemic winner, but the Street is concerned that growth will slow on the reopen. Shares are down nearly 14% year-to-date. Will the Street get this one wrong?
[In full disclosure, Tracey owns shares of LULU and RH in her personal portfolio.]
Zacks Names “Single Best Pick to Double”
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.
5 Top Charts for the End of Earnings Season
The end is near for first quarter earnings season but there are still over 200 companies that will be reporting this week and another 100 companies reporting next week, including some popular pandemic winners in retail.
Can the pandemic winners keep beating?
And if they do, will the shares continue to hit new highs?
5 Top Charts for the End of Earnings Season
1. Lululemon (LULU - Free Report) has beat 3 quarters in a row but the Street hasn’t cared as shares are down 7% year-to-date. Yoga pants are considered “out” in the reopening world, but Lululemon has been counted out before. It is more than just yoga pants. Yet shares are trading at 50x forward earnings. Is it too hot to handle?
2. Thor Industries (THO - Free Report) has been a big pandemic winner as consumers have been buying RVs and towables to hit the great outdoors. It has posted 4 huge beats in a row but shares are still down 16.7% in the last month. Is all the good news priced in or is THO a deal?
3. RH (RH - Free Report) has only missed once in the last 5 years and it was all the way back in 2016. Shares are up 39% year-to-date as furniture has been one of the hottest retail niches. RH trades with a forward P/E of 30. Is it over priced here?
4. Oxford Industries (OXM - Free Report) is a specialty retailer with 3 strong brands: Lily Pulitzer, Tommy Bahama and Southern Tide. It’s coming off a big miss last quarter but the Street hasn’t cared as shares have soared 44% year-to-date. It trades with a forward P/E of 31. Is the good news already priced in?
5. Chewy, Inc. (CHWY - Free Report) has beat 3 quarters in a row. It was a big pandemic winner, but the Street is concerned that growth will slow on the reopen. Shares are down nearly 14% year-to-date. Will the Street get this one wrong?
[In full disclosure, Tracey owns shares of LULU and RH in her personal portfolio.]
Zacks Names “Single Best Pick to Double”
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>