Posts for Ticker ‘SSI’

This Month’s Retail Wall of Shame (ANF, CHS, GPS, PIR, SSI)

Down_arrow_red_2It is no secret that the consumer is in the tank and that retail sales are coming in poorly.  It would have been a fool’s gold trade to believe you were going to see any great sales for September’s same-store-sales figures.  When you compare it to the results of 2007, all you have to do is mark last September as the month where the consumer was officially starting to consider that things were going to slow down in the months ahead.  But there are several retailers that just aren’t making the grade.  These are some of the active stocks we are reviewing today:  Abercrombie & Fitch Co. (NYSE: ANF), Chico’s FAS Inc. (NYSE: CHS), Gap Inc. (NYSE: GPS), Pier 1 Imports inc. (NYSE: PIR), and Stage Stores Inc. (NYSE: SSI).

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52-Week Low Club (December 28, 2007)

Some of these stocks hit 52-week lows and recovered off of lows so they won’t have a low close.  But these did all touch or breach the 52-week lows.  At the end we also broke out retail stocks, financial stocks, airlines & transports, and hotels.  A separate report could have been compiled for REIT’s as well, but many of those were left off because of room or volume. There were enough 52-week lows today that you might even wonder if there had been a mini-crash in the markets.  Here are the 52-week lows for December 28, 2007:

  • Advanced Micro Devices (NYSE: AMD)… imagine if the company got Hector Ruiz to leave.
  • American Greetings (NYSE: AM)…again.
  • AstraZeneca (NYSE:AZN)… new entrant.
  • Carmike Cinemas (NASDAQ:CKEC)
  • ChipMOS (NASDAQ:IMOS)
  • Corp. Office Property (NYSE: OFC)
  • Cryptologic (NASDAQ: CRYP)
  • Diebold (NYSE:DBD)
  • Fortune Brands (NYSE:FO)
  • Group 1 Auto (NYSE: GPI)
  • Infinera Corp. (NASDAQ: INFN)
  • Introgen (NASDAQ:INGN)
  • Japan Smaller Cap Fund (NYSE: JOF)
  • Lamar Advertising (NASDAQ: LAMR)
  • Legget & Platt (NYSE: LEG)
  • Martha Stewart (NYSE: MSO)
  • Marvell Tech (NASDAQ:MRVL)
  • Mattel (NYSE:MAT)
  • McClatchy (NYSE:MNI)
  • Micron Tech (NYSE:MU)
  • NGAS Resources (NASDAQ:NGAS)
  • Nortel Networks (NYSE:NT)
  • Owens Corning (NYSE:OC)
  • Omnicare (NYSE:OCR)
  • Prestige Brand (NYSE: PBH)
  • PC-Tel (NASDAQ:PCTI)
  • Ruth’s Chris (NASDAQ:RUTH)
  • SanDisk (NASDAQ: SNDK)
  • Theravance (NASDAQ:THRX)
  • Tractor Supply (NASDAQ:TSCO)
  • Wendy’s (NYSE: WEN)
  • World Fuel Services (NYSE:INT)
  • U-Store-It (NYSE:YSI)

Retail Stocks on 52-week lows: Ann Taylor (NYSE:ANN), Big Lots (NYSE:BIG), Borders Group (NYSE:BGP), Bon Ton Stores (NASDAQ:BONT), Chico’s FAS (NYSE:CHS), Finish Line (NASDAQ:FINL), Liz Claiborne (NYSE: LIZ), Macy’s (NYSE: M), Office Max (NYSE:OMX), Petsmart (NASDAQ:PETM), Stage Stores (NYSE:SSI)

Financial stocks on 52-week lows: Bear Stearns (NYSE: BSC), Citigroup (NYSE:C), Canseco (NYSE: CNO), Discover Financial (NYSE: DFS), Fifth Third Bancorp (NASDAQ:FITB), Fortress Investment (NYSE: FIG), MBIA Inc. (NYSE: MBI), Washington Mutual (NYSE:WM)… urgh!  When does it stop?

Airlines/Transports on 52-week lows:  Airtran Holdings (NYSE: AAI)…again.  Did they launch a Friends Die Free rewards plan?  Continental Airlines (NYSE:CAL), Fedex (NYSE:FDX), Mesa Air (NASDAQ:MESA), Northwest Airlines (NYSE: NWA)… near $100 oil is a real pain.

Hotels Hitting 52-week lows: Host Hotels (NYSE: HST), Lasalle Hotel (NYSE: LHO), Starwood Hotels (NYSE:HOT), Sunstone Hotel (NYSE: SHO), Wydham Worldwide (NYSE:WYN).  Maybe these all wish they could get the private equity buyers back in the sector.  If only they could still borrow.

These CEO’s new year’s resolutions are all the same: "In 2008 I want to keep my stock off the 52-week low lists."

Jon C. Ogg
December 28, 2007

52-Week Low Club (BIG, BONT, CHS, M, OMX, SSI, HOT, ZLC, RT, F, WM, BSC)

We didn’t include only retail names on the 52-week lows today, but it could have been easy to do.  The retail scene just didn’t do too hot over Christmas and these are pying the price.  The good news is that many of these names bounced back above their 52-week lows.

Here are the retail names alone:

  • Big Lots (NYSE: BIG) still slurping.
  • Bon Ton Stores (NASDAQ:BONT)
  • Chico’s FAS (NYSE: CHS)
  • Macy’s (NYSE: M)
  • Office Max (NYSE: OMX)
  • Stage Stores (NYSE:SSI)
  • Starwood Hotels (NYSE: HOT)
  • Zale’s (NYSE: ZLC)

Ford (NYSE: F) merely touched on its 52-week lows but didn’t put in any new 52-week lows.  Maybe this one isn’t quite retail, but it sure reflects a weak consumer. 

Ruby Tuesday (NYSE:RT) is in the same boat as it isn’t a retail store but is consumer discretionary (and the food is nothing special).

A couple surprise financial names are on today’s list, although maybe it isn’t that large of a surprise.  Bear Stearns (NYSE: BSC) didn’t stay that low, but it was looking dismal this morning.  Washington Mutual (NYSE:WM) also didn’t stay that low but this morning was looking a bit harsh for WA-MU.

Jon C. Ogg
December 26, 2007