As retailer after retailer posted their most recent earnings, and several facts told a story. Some retailers did not have enough inventory. Some retailers had too much inventory because they had ordered products customers…
Bed Bath & Beyond has recently fallen apart like a cheap watch. Same store sales have dropped by double digits. The retailers have posted large losses. Recently, it ran low on cash. A small…
Peloton is an exercise equipment miracle. Driven to some extent by the COVID-19 pandemic, it sold people exercise equipment for thousands of dollars. Many of the customers had abandoned big gyms because they were…
Best Buy, the massive consumer electronics retailer, is not giving up on retail sales. However, it has begun a move to abandon the channel. According to The Wall Street Journal, e-commerce sales in particular…
Larry Summers, former Treasury Secretary and retired president of Harvard, is just an economist now. He has made himself the country’s top critic of the Fed. Recently, he told Bloomberg that the American central…
A natural gas pipeline operator, an EV maker, an oil driller, and an online brokerage are among companies reporting quarterly results after markets close Wednesday afternoon.
Credit Suisse recently issued a few calls across multiple industries implying serious upside for each stock, but one in particular with over 75% upside.
The futures are trading lower Tuesday after Monday’s follow-through move faded in the afternoon and all of the major indices closed down. All of this as we begin August trading after July’s 9% move…
It has been over a decade since the end of The Great Recession. As another downturn starts, an open issue is whether this one will look like the worst economic beating since WWII. The…
All of the investment companies and banks that we follow here at 24/7 Wall St. keep a list for their institutional and retail clients of high conviction stock picks. These are generally the companies…