Big Gains June 7: TLCR was up almost 26%. EDGR was up 14.5%.
Netflix, (NFLX), closed at 109.16, down 0.62. It is up today nearly 1.00 in pre-market trading.
Home Depot, (HD), closed at 31.55 down 0.60. It is at about even in pre-market trading.
Wal-Mart, (WMT), closed up .34 at 50.74. It is up in pre-market.
Abercrombie & Fitch, (ANF), closed at 33.73, down 1.05.
TJX Companies, (TJX), closed at 43.97 and is currently up in pre-market trading.
BUY LOW AND SELL HIGH.
Tuesday, June 8, 2010
Thursday, June 3, 2010
June 2 Home Goods Stocks
Home Depot and Saks latest quarterly earnings reports suggested rebound from recession. Stock gains, declines and volatility in the most recent 3 month period indicate investors are nervous about holding onto stocks. Netflix is one stock that seems intent on maintaining healthy growth, with short term volatility.
Big Gains June 2: Gerdau Ameristeel (GNA) was up over 50% closing at $11.07 on good volume. China's Jingwei (JNGW), was up almost 50%, after peaking at just over $8 per share, but the stock has low volume.
Netflix, (NFLX), a growing company in video and online rentals, had a strong first quarter report. From $67.55 on March 3, NFLX advanced to $110.78 on June 2
Home Depot, (HD), the largest home improvement retailer's quarterly profit was up over 40% from last year. Sales rose 4.3% to almost $17 billion, first quarter growth not seen since 2005. Growth was mostly due to seasonal goods while higher-priced items were soft. In 3 months HD stock rose from just under $32 per share to $36.49 on Apr. 26 & closed June 2 at $33.87 per share.
Saks, (SKS), had almost $19 million profit, 11 cents a share, for the 3 months ending May 1, up from $5 million lost last year. First quarter sales were up 7%. Results exceeded expectations, but luxury sales are down from their peak. In 3 months SKS climbed from $7 per share to $10.39 on Apr 26 and closed at $9.08 June 2.
Wal-Mart, (WMT), had slow US growth as rising gas prices and unemployment prevented consumers from spending more. WMT earnings climbed due to strong international growth and cost cuts. Quarterly profits were up 10% from last year. First quarter sales increased 6% to $99 billion. WMT stock dropped in 3 months from a high of nearly $56 in March & closed at $51.72 June 2.
Abercrombie & Fitch, (ANF), the upscale teenage apparel store, decreased losses by 20% versus last year's $59 million loss. ANF stock, above $36 about 3 months ago, peaked at just under $50 in April, backtracked to $35.26 June 2.
TJX Companies, (TJX), owner of TJ Maxx, Marshalls and Home Goods, had profits of $331 million for the three months ended May 1, up 58% from last year. TJX has gone from $41.16 per share on March 3 to $48 on Apr. 23 closed Wednesday at $46.12 per share.
BUY LOW AND SELL HIGH.
Big Gains June 2: Gerdau Ameristeel (GNA) was up over 50% closing at $11.07 on good volume. China's Jingwei (JNGW), was up almost 50%, after peaking at just over $8 per share, but the stock has low volume.
Netflix, (NFLX), a growing company in video and online rentals, had a strong first quarter report. From $67.55 on March 3, NFLX advanced to $110.78 on June 2
Home Depot, (HD), the largest home improvement retailer's quarterly profit was up over 40% from last year. Sales rose 4.3% to almost $17 billion, first quarter growth not seen since 2005. Growth was mostly due to seasonal goods while higher-priced items were soft. In 3 months HD stock rose from just under $32 per share to $36.49 on Apr. 26 & closed June 2 at $33.87 per share.
Saks, (SKS), had almost $19 million profit, 11 cents a share, for the 3 months ending May 1, up from $5 million lost last year. First quarter sales were up 7%. Results exceeded expectations, but luxury sales are down from their peak. In 3 months SKS climbed from $7 per share to $10.39 on Apr 26 and closed at $9.08 June 2.
Wal-Mart, (WMT), had slow US growth as rising gas prices and unemployment prevented consumers from spending more. WMT earnings climbed due to strong international growth and cost cuts. Quarterly profits were up 10% from last year. First quarter sales increased 6% to $99 billion. WMT stock dropped in 3 months from a high of nearly $56 in March & closed at $51.72 June 2.
Abercrombie & Fitch, (ANF), the upscale teenage apparel store, decreased losses by 20% versus last year's $59 million loss. ANF stock, above $36 about 3 months ago, peaked at just under $50 in April, backtracked to $35.26 June 2.
TJX Companies, (TJX), owner of TJ Maxx, Marshalls and Home Goods, had profits of $331 million for the three months ended May 1, up 58% from last year. TJX has gone from $41.16 per share on March 3 to $48 on Apr. 23 closed Wednesday at $46.12 per share.
BUY LOW AND SELL HIGH.
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