Retail Stocks

The fact that consumer spending has not tanked in spite of unemployment being at over nine percent and expected to stay around this level through 2012, and continued weakness in housing is encouraging. When consumers are cautious, they tend to hold back on any major purchases, such as…

I must admit the fact that consumers continue to spend despite any strong or sustained job growth and continued weakness in housing is encouraging. With consumer spending accounting for two-thirds of GDP, retail sales will eventually be stronger when the jobs and housing areas improve, albeit it will…

So far, even without strong job growth and with continued weakness in housing, consumers continue to spend, which is helping to drive the economic renewal, albeit sluggishly. This is positive and clearly encouraging once the jobs and housing areas improve. The Fed realizes this. The headline Retail Sales…

Stocks surged on June 14 after the release of the May Retail Sales reading. The buying on the news would make you think it was a strong reading; but, in reality, the headline number fell 0.2% in May. Investors apparently were excited that it was not as bad…

Everyone knows that consumer spending drives the economy and gross domestic product (GDP) growth. The headline Retail Sales reading for April jumped 0.5%, which was slightly below the estimate of 0.6% and down from an upwardly revised 0.9% in March. Excluding the auto portion, Retail Sales increased a…

I’m extremely picky when it comes to the retail sector. In fact, numerous investment newsletters suggest avoiding retail stocks. And, while I’m not totally in agreement with that view, I would be more selective with stock picking in the retail sector. The stats don’t lie. Retail sales in…

I’m extremely picky when looking at the retail sector. In fact, the majority of investment newsletters suggest avoiding retail stocks. And while I’m not totally in agreement with that view, I would be more selective with stock picking in the retail sector. The stats don’t lie. Retail sales…

Looking at retail? Want the sure-bet plays? My investment advice and best stock advice to you would be to stick with the leading discount bellwether retail stocks, such as Wal-Mart Stores, Inc. (NYSE/WMT) and Costco Wholesale Corporation (NASDAQ/COST). Costco delivered $348 million, or $0.79 per diluted share, in…

Two important facts in these changing economic times: Fact number one: The higher-end crowd is making money again. The economy has improved, Wall Street bonuses are back in vogue. Luxury buyers are loosening their purse strings once more. Fact number two: There is an increasing disparity between low-income…

The majority of investment newsletters do not like retail stocks. I’m not totally in agreement with that view, but I would be more selective with stock picking in the retail sector. Retail sales in the U.S. are estimated to surge to $389.65 billion in March from $344.24 billion…

— "Calling the Trend" Column, by George Leong, B. Comm. It's that time of the year again, when consumers look for bargains and begin shopping for the holidays. Known as "Black Friday," the day following Thanksgiving, it is an especially important time for retailers and the economy. For…

Not only are investors dealing with financial concerns, which are driving selling capitulation and forcing major stock indices to new multi-year lows, but now we hear that retailers continue to struggle in September. Consumer spending took another step back, as the retail sales data for September were weak…

More evidence of the sluggish sales in the retail sector emerged last week, as retailers released some soft numbers that rocked the stock markets on Thursday. Investors are extremely nervous that the economy may be worse than expected. With the massive $160- billion stimulus program coming to an…

The widely-followed Reuters/University of Michigan index of consumer sentiment dropped to 69.6% in February 2008 from 78.4% in January — the lowest reading on consumer sentiment since February 1992. I started writing in 2006 about how the contraction in the U.S. housing market would be followed by a…

The key retail-shopping season is in full gear and so far there has been mixed news. In a survey by Thomson Financial on 43 retailers, about 22 retailers failed to meet estimates for same-store sales, while 19 beat sales estimates and two were inline. Yet some optimism surfaced…

The current credit and housing markets issues are pressuring consumer confidence. The recent consumer confidence for November from the Conference Board fell to 87.3, down from 95.2 sequentially. It represented the lowest level since an 85.2 reading years ago in October 2005. As I have said in recent…

Oil has been the hottest performing commodity, after trading near $100.00 a barrel a few weeks back. But after failing to break $100.00, oil has been on a downtrend, with traders taking some profits due to the extremely overbought condition. On Monday, the January light, sweet crude was…