Retail Stock List

Retail continues to be a hard sell despite some improvements in consumer confidence and areas that help to drive consumer spending such as housing and jobs. The core retail sales reading for April saw growth of 0.4%, short of the 0.6% estimate and down on a sequential monthly…

By George Leong, CFP, MBA — The Leong Side of the Market column Spring is here, and the warmer-than-average weather has helped drive consumers to the stores. So far, 12 retailers have reported sales that beat estimates, according to Thomson Reuters Corporation. The news is encouraging. The March…

— "Calling the Trend" Column, by George Leong, B.Comm. Markets have rallied in three of the last four sessions on positive breadth and bullish investor sentiment; yet, you need to be careful, as we expect increased selling pressure should the rally extend higher. The reality is that stocks…

— "Calling the Trend" Column, by George Leong, B. Comm Predictions vary on the outlook for the retail sector. Some feel that the bottom is here or near, while others including myself believe that there will be continued struggles ahead of us in the fourth quarter. It's true…

— by George Leong, B. Comm. The retail sector is an area about which I remain cautious. There have been some positive signs, but I feel that the struggles will continue for at least the next several quarters or more. Retailers, even some of the discounters, continue to…

— by George Leong, B. Comm. For the past year, I have been warning readers about the risk of investing in retail stocks given the declining consumer confidence, rising job losses, lost value in stocks, and the weak housing market, which has negatively impacted household wealth and created…

— by George Leong, B. Comm. There are rumblings regarding why President Obama decided to fire General Motors Corporation's (NYSE/GM) CEO Richard Wagoner Jr. after allowing the CEO of American International Group, Inc. (BYSE/AIG), Edward M. Liddy, to keep his job. These are difficult times and sometimes things…

With the holiday shopping season now in full stride after Black Friday, it will be a difficult period for retailers that are facing excessive inventory amid a lack of consumer spending. Over the next few weeks, we expect major markdowns in pricing to eliminate inventory, which will translate…

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…

While financial stocks are showing some optimism, the same cannot be said of the retail sector, which continues to be looking to attract shoppers. If you think the retail issues are not impacting discount chains, think again. Costco Wholesale Corporation (NASDAQ/COST) announced that its fourth quarter and fiscal…

The condition of the U.S. economy continues to be a major risk factor for stocks. The recent June retail sales data that came out pointed to a slowing retail environment, Retail sales grew 0.1% in June and 0.8% excluding auto, but it was short of the 0.4% and…

You should continue to stay away from automakers at this time. I have not been optimistic on automakers for several years now, as the growth in North America is absent and declining. The big three U.S. automakers are struggling in light of rapidly declining demand for SUVs and…

Stock markets have been on a downtrend since trading on May 15, when the DOW tested 13,000 and the NASDAQ was above 2,500. There has been no change in the situation, as the climate for stocks remains risky and has a downward bias, as indicated by mixed market…

It appears that movie rental operator Blockbuster, Inc. (NYSE/BBI) has finally turned the corner and may attract more buying after years of struggling and underperforming the market. For those of you who are not familiar with the past misfiring of the number one movie rental operator in the…

The retail sector continues to be precarious, as evidenced by another muted month in April. According to a report by the Commerce Department, retail sales excluding autos increased a mere 0.5% in April, which was marginally better than expected, but the headline retail sales number fell 0.2%, in…

Get ready to pay even more at the pumps. With the price of the May sweet crude on the NYMEX jumping over $114.00 a barrel in trading, the price of gasoline in the United States is now running at a nationwide average of $3.38 per gallon, up $0.51…

For the past year, I have been warning readers about the risk of investing in retail stocks given the declining consumer confidence, higher gasoline prices, and the weak housing market that has negatively impacted household wealth and created a poverty effect. Here we are in April with the…

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…

In our last visit, I talked about the negative impact of the credit and housing markets, and oil prices, on consumer confidence and spending. Weakness in the employment market is also impacting consumer spending. On Tuesday, investors were greeted with bad news towards the retail sector in the…