D.A. Davidson charts underperformance by retail stocks, but praise Home Depot and Lowe's

D.A. Davison on Friday said stocks in the SPDR S&P Retail ETF tend to underperform during the period from Black Friday to the end of the year. On average, the SPDR S&P Retail ETF has fallen 0.1% since 2010 during this period which amounts to 180 basis points of underperformance compared to the S&P 500 . The worst performers in D.A. Davidson's coverage group during the holidays are Best Buy Co Inc. and Dick's Sporting Goods Inc. , while Home Depot and Lowes's Cos.

... D.A. Davison on Friday said stocks in the SPDR S&P Retail ETF XRT tend to underperform during the period from Black Friday to the end of the year. On average, the SPDR S&P Retail ETF has fallen 0.1% since 2010 during this period which amounts to 180 basis points of underperformance compared to the S&P 500 SPX . The worst performers in D.A. Davidson's coverage group during the holidays are Best Buy Co Inc. BBY and Dick's Sporting Goods Inc.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Florida company to take over logistics at Harley-Davidson facilityMore than 600 people currently work at the facility
Source: PennLive - 🏆 463. / 53 Read more »