[ad_1] CNBC’s Jim Cramer on Tuesday gave investors a list of stocks that he believes will perform well next year. Here is his list. Eli Lilly Humana Johnson & Johnson Caterpillar Deere TJX Companies Morgan Stanley Stocks rose on Tuesday, and the Dow Jones Industrial Average ended a four-day streak …
Read More »Dollar General chases suburban shoppers with Popshelf
[ad_1] HENDERSONVILLE, Tennessee — Dollar General‘s next big strategy for growth is tucked in a strip mall in suburban Nashville, and it is coming to other cities soon. It’s a new store called Popshelf. Over the past two years, the Tennessee-based discounter has tested the store concept, which caters to …
Read More »Here’s what Black Friday sales tell us about the retail sector — and our top pick
[ad_1] The holiday shopping season got off to a solid start over the weekend, as Black Friday’s online sales beat expectations and started to build some much-needed momentum for the retail sector. According to Adobe’s online sales tracker, consumers shelled out a record $9.12 billion shopping online on Black Friday. …
Read More »This week’s best performers include several retail stocks and one exchange operator
[ad_1] It hasn’t been the best week for the broader market. The S & P 500 is down about 1% week to date, as investors weighed fresh commentary from Federal Reserve officials on inflation and monetary policy, which heightened concerns of even higher interest rates. Several retail stocks bucked the …
Read More »Oil buy, P&G tailwinds, sticking by TJX
[ad_1] Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Opportunity to buy oil PG is a ‘coiled spring’ Sticking by TJX 1. Opportunity to buy oil West Texas Intermediate (WTI) crude — the …
Read More »Wall Street loves off-price retailers a recession — Ross Stores just got an upgrade
[ad_1] Off-price retailers are poised to outperform, and Ross Stores will be the leader, according to Credit Suisse. The firm just moved the stock to its top pick in this retail sector. While many retailers are grappling with a glut in inventory, high inflation and a potential recession, earnings reports …
Read More »Jim Cramer says the Fed should consider retail earnings over economic data for its inflation strategy
[ad_1] CNBC’s Jim Cramer on Wednesday said the Federal Reserve must pay attention to recent retail earnings reports to plan the rest of its battle against inflation. “I am begging the Fed to look at what’s happening at individual companies – big ones, not small ones – so that they’ll …
Read More »TJX hits an all-time high as reason we own off-price retailer played out in the quarter
[ad_1] Club holding TJX Companies (TJX) reported stronger-than-expected fiscal third-quarter 2023 earnings and U.S. sales before the opening bell Wednesday, boosting shares of the off-price retailer by nearly 4% to an all-time high. The inventory glut at full-price chains played out as we had expected, proving to be a boon …
Read More »Target, Carnival, Advance Auto Parts, Lowe’s and more
[ad_1] Pedestrians pass by a Target store in the Tenleytown neighborhood of Washington, DC, on August 17, 2022. Mandel Ngan | AFP | Getty Images Check out the companies making headlines in midday trading. Target – Shares of the big box retailer tumbled more than 12% after the company said …
Read More »Jim Cramer says there’s a ‘real possibility’ the Fed can engineer a soft landing
[ad_1] CNBC’s Jim Cramer on Tuesday said that he believes the Federal Reserve could manage to tamp down inflation without throwing the economy into a recession. “If we can see the end of the purchasing spree … it’s a huge positive for stocks. It helps that we’ve finally worked out …
Read More »