"You have clientele that absolutely love the brand, you also have the fact that this type of wear is something that people are going to be wearing a lot more often when they're working from home and their e-commerce is doing amazing," she said.
"Nike's the shining star, but every single one of the rest of them? I would just sell them," she said.in TJX Cos. and Ross Stores as a way of shorting them should their stocks break below their 50-session moving averages. "I don't like retail as a category in general because fashion comes in and out," he said in the same "Trading Nation" interview. He agreed that few retailers besides Nike and Lululemon have staying power.
Using cheap labor in China?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nike stock rallies after big earnings beatNike Inc. shares surged in the extended session Tuesday after the athletic apparel company blew past Wall Street estimates for the quarter. Nike shares...
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks making the biggest moves after hours: Nike, Stitch Fix, KB Home and moreSee which stocks are posting big moves after the bell on Tuesday, September 22. Eshey ooooh
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves in the premarket: Nike, General Mills, J&J, KKR, KB Home & moreThe stocks making the biggest moves in premarket trading include Nike, General Mills, J&J, KKR, KB Home, and more. People are Dying! People are Sick! Trump’s Leadership Has Not Been Worth a Lick! People are Jobless! People are Destitute! Complicit in US’ Covid Spread; This WH Needs the Boot! Boo$ting Cronie$ Wealth from Taxe$ to $upplement, Hasn’t & Won’t, Help Most Americans Pay Their Rent! Most people are still worrying about jobs, homes & eating, Not invested in 'the market'; who or what is beating. No Taxes & Big Business Breaks, Help Rich Get Richer as the Majority Aches! Self-Absorbed & Corrupt Regimes, Devoid of Conscience...Plan Bogus & Manipulative Schemes!
Source: CNBC - 🏆 12. / 72 Read more »