These retailers could be the most – and the least – at risk for supply chain woes

A cargo ship moves under the Bayonne Bridge as it heads out to the ocean on October 06, 2021 in Bayonne, New Jersey. Spencer Platt | Getty Images Pandemic-related supply chain woes are hitting retailers everywhere, but certain companies could be more vulnerable than others, a Cowen report found. Source link

Wall Street analysts name their favorite stocks going into the fourth quarter

Bank of America is favoring tech and consumer stocks going into the final three months of the year. Source link

Nike can turn its snarled supply chain to its advantage to boost its direct-to-consumer business

A pedestrian walks past American multinational sport clothing brand, Nike store and its logo seen in Hong Kong. Budrul Chukrut | SOPA Images | LightRocket | Getty Images A lower sales forecast, slowing growth in China and a bottlenecked supply channel. The news coming out of Nike’s fiscal first-quarter earnings report wasn’t good. Shares were … Read more

The rally in recovery-focused stocks could depend on consumers and the Fed in the week ahead

Investors bid up cyclical stocks in the past week, but the economy will have to prove that the reflation trade — a bet on economic growth — is the way to go as concerns about Covid linger. Markets are deep in the dog days of August. That means the Federal Reserve and key data, particularly … Read more

Stocks making the biggest moves in the premarket: Square, Moderna, First Solar and more

Take a look at some of the biggest movers in the premarket: Square (SQ) – The digital payments company agreed to buy Australia’s Afterpay for about $29 billion in stock, representing a roughly 30% premium for Afterpay shareholders. Square shares fell 4.8% in the premarket, but news of the deal boosted shares of U.S.-based payment … Read more

Nike shares on pace to hit record high as $50 billion sales outlook tops expectations

The Nike logo is seen on the Nike store on February 22, 2021 in New York City. John Smith | Corbis News | Getty Images Nike shares surged more than 13% Friday morning, on pace to open at a record high, after the sneaker maker forecast full-year sales topping $50 billion as its North American … Read more

5 things L Brands is doing to try to accelerate Victoria’s Secret’s turnaround

Victoria’s Secret is embarking on a new path that will phase out its iconic Angels imagery. Dimitrios Kambouris | Getty Images Entertainment | Getty Images Ahead of Victoria’s Secret splitting away from Bath and Body Works later this summer, L Brands announced additional steps it’s taking to revamp its brand image. The lingerie brand has … Read more

Cramer’s week ahead: Retail earnings and consumer spending

Investors will get to learn more about the pandemic’s ongoing impact on the consumer economy as retailers prepare to issue quarterly earnings reports, CNBC’s Jim Cramer said Friday. The industry will have its time in the spotlight on Wall Street after the Commerce Department on Friday said that retail sales were unchanged in the month … Read more

Earnings reports and the Fed will test the market rally in the week ahead

A Wall Street sign is seen near the New York Stock Exchange (NYSE) in New York City, May 4, 2021. Brendan McDermid | Reuters Investors will see whether stocks carry their newfound momentum into the week ahead, as major retailers, including Walmart and Home Depot, report earnings and housing data dominates the calendar. The Federal … Read more

Wall Street analysts say these stock are just too cheap to ignore

Fifth Third Bank Luke Sharrett | Bloomberg | Getty Images There’s no shortage of high quality cheap stocks as rising interest rates stoke market volatility, Wall Street analysts said this week. And with inflation fears hovering, analysts say now is a great time for clients to pounce on some of these top companies. CNBC Pro … Read more