Tag: Walmart

  • This Oversold Dollar Store Retailer Should Pivot Higher

    This Oversold Dollar Store Retailer Should Pivot Higher

    U.S. consumers are showing big signs of stress again. Not only are savings accounts being drained, but sky-high inflation is forcing many to tighten their wallets. Student loan repayments could force further tightening. Even earnings reports from some of the nation’s leading retailers tell us more Americans are spending more on just needs. As a…

  • Why Back-to-School Stocks Are Exploding

    Why Back-to-School Stocks Are Exploding

    Back to school stocks are soaring, as hoped. Just yesterday, we noted, “After bottoming out around $120, the WMT stock is now up to $133.47.  From here, if it can break above triple top resistance, it could challenge $137 next.  Long-term, we’d like to see WMT refill its bearish gap around $150 a share.” This…

  • Three Red-Hot Back to School Stocks to Consider

    Three Red-Hot Back to School Stocks to Consider

    Back to school stocks are racing higher. All with total back to school spending expected to hit $74 billion this year from $71 billion in 2021, according to the National Retail Federation (NRF). “Families consider back-to-school and college items as an essential category, and they are taking whatever steps they can, including cutting back on…

  • Why Walmart is Down $13 a Share After Hours

    Why Walmart is Down $13 a Share After Hours

    Walmart (WMT) is plunging in afterhours. All after the retailer cut its profit outlook, saying inflation is causing shoppers to spend more on necessities, and less on just about everything else. All thanks to inflation, which was never transitory. The retailer now expects for EPS for the second quarter, and full year to fall about…

  • Here’s Why Plug Power Just Popped

    Here’s Why Plug Power Just Popped

    Keep an eye on Plug Power (PLUG). After a rough outing in late 2021, the hydrogen stock is showing signs of life.  In fact, we’d use the latest pullback from $32 as an opportunity to buy. For one, we have to remember the hydrogen story could be worth trillions. Goldman Sachs called hydrogen a “once…

  • BNPL Boom: This is Why Affirm Holdings Could See Higher Highs

    BNPL Boom: This is Why Affirm Holdings Could See Higher Highs

    Affirm Holdings (AFRM) continues to rally. When we first brought the “Buy Now, Pay Later” stock to your attention, it traded at $63.  Today, it’s up to $129, as Target joins the BNPL boom. “Ahead of the busy holiday season, Target is offering shoppers additional ways to pay for their purchases with new installment plans…

  • How to Trade Potential $99 Billion Grocery Delivery Market

    How to Trade Potential $99 Billion Grocery Delivery Market

    Keep an eye on DoorDash Inc. (DASH). The stock just broke out above double top resistance, and could soon test $210, we believe.  All after it and Albertsons partner on same-day grocery delivery from about 2,000 stores.  The partnership, according to CNBC, may help grocery stores, like Albertsons compete with companies like Amazon and Walmart,…