"I do like, when it comes to a name like Walmart, the partnership they've developed with Instacart. It's trading cheaper in the broader consumer industry right now at 25 times [forward earnings], and they've talked about their margins being compressed," said Saporu.
"Bricks and mortar actually got killed and Amazon and Alibaba did very, very well. And so if you look at the digital names, I think that that trend probably continues. We are getting more data, and people are taking more calculated risks in terms of getting out there, but I think it's too early to go for something like a
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TradingNation Given that the retail sector is pretty stable and economy is recovering, wouldn't we expect most of these stocks to go up? ⬆️ On the other hand, why has Kohl's stock struggled to grow for the past few years?
TradingNation Don’t be a trader. Be an investor. Invest for the long term based on quality fundamentals
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Stock futures point to modest Wall Street gains ahead of big retail earnings weekU.S. stock index futures indicate Wall Street will make moderate gains on Monday as retail earnings queue up and with housing data in the offing. 1,150 Americans died of Covid-19 yesterday. wow i guess all you have to do is have 170,000 people die and close most businesses and the dow will soar ?
Source: Reuters - 🏆 2. / 97 Read more »
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Source: Reuters - 🏆 2. / 97 Read more »