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☆ One global tech stock that was a top performer last week could surge 63% more, analysts say
▼ + stars: | 2022-11-21 | by ( Weizhen Tan | ) www.cnbc.com time to read: +1 min

It's been a muted week for global stocks. The MSCI World index was down about 0.7% for the past week, tracking U.S. stocks, which also declined last week. Here are the 10 global stocks under MSCI World that rose more than 10% over the past week ending Nov. 18. One top performer was global tech company Sea , which surged 15% over last week. Ross Stores was another top performer for the week, with Credit Suisse naming the company its top pick in off-price retail .

Traders' bets of a 75-bps rate hike in December have gone up to 24.2% from 19.4% the previous week, according to the CME Group's FedWatch tool. The benchmark S&P 500 (.SPX) and the Nasdaq (.IXIC) have lost 17% and nearly 29%, respectively, so far this year on worries that the aggressive rate hikes could push the economy into a recession. Among S&P 500 sectors, defensive stocks advanced on Friday, with utilities (.SPLRCU) and health (.SPXHC) rising 1.5% and 0.9%, respectively, and in the lead. Advancing issues outnumbered decliners by a 1.19-to-1 ratio on the NYSE and for a 1.01-to-1 ratio on the Nasdaq. The S&P index recorded seven new 52-week highs and two new lows, while the Nasdaq recorded 45 new highs and 96 new lows.

☆ Off-Price Is Thriving on Inventory Bonanza
▼ + stars: | 2022-11-18 | by ( Jinjoo Lee | ) www.wsj.com time to read: +1 min

Off-price retailers such as Ross Stores have managed to raise prices, in contrast with department stores and big-box retailers that are discounting heavily. Retailers’ inventory nightmare is turning out to be the stuff of off-price retailers’ dreams. Off-price retailers TJX Companies Inc., owner of T.J. Maxx, and Ross Stores Inc. are seeing much healthier demand than others selling clothes and home-related products. TJX said that U.S. comparable sales at Marmaxx, a unit that houses T.J. Maxx and Marshalls, rose 3% in its quarter ended Oct. 29 compared with a year earlier. Notably, TJX called out strong apparel sales, proving that consumers will still shell out for discretionary purchases for the right brand and price.

☆ This week's best performers include several retail stocks and one exchange operator
▼ + stars: | 2022-11-18 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

It hasn't been the best week for the broader market. Several retail stocks bucked the overall market trend, however, on the back of strong quarterly reports. Other retail stocks were also on pace to cap off a positive week. To be sure, not all retailers triumphed during this busy earnings week for the sector. While several retail stocks took top spots in this week's screen, the list offered some variety.

☆ The retail earnings meltdown may be suspended for the holidays
▼ + stars: | 2022-11-18 | by ( Bob Pisani | ) www.cnbc.com time to read: +1 min

Ross Stores beat expectations and also raised guidance. Both Ross Stores and Gap noted high inventory levels, with Ross Stores calling out a "very promotional holiday selling season." Still, it will likely cause analysts to hesitate before slashing retail earnings estimates more than they already have. In the third quarter, earnings for the retail sector of the S & P 500 were down 9.3% from the same period a year ago, according to Refinitiv. This quarter, it's far worse: Retail earnings are down 41%, and in the wake of the Target comments there were fears they could be slashed again.

☆ U.S. shoppers to spend less this holiday season, but Amazon still stands to gain, Goldman Sachs says
▼ + stars: | 2022-11-18 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Amid mounting economic uncertainty this holiday season, nearly three-quarters of U.S. shoppers plan to spend less than or the same as last year, according to a new Goldman Sachs consumer survey. And Club holding Amazon (AMZN), a leading retailer for holiday sales and promotions, should be a top destination for American bargain-hunters. Goldman Sachs polled 1,000 U.S. consumers to gauge spending trends for holiday shopping this year. Nonetheless, Amazon maintains "the largest share of implied holiday purchasing with 33% of consumers planning to spend the most at Amazon," followed by Walmart. Bottom line We agree with Goldman's analysis that Amazon is one of the best-positioned players in the discount retail space to benefit from this year's holiday shopping.

☆ What Cramer is watching Friday — Fed plays good cop, bad cop and off-price retailers shine
▼ + stars: | 2022-11-18 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Rival Ross Stores (ROST) gets multiple price target increases. Citi raises BJ's Wholesale (BJ) price target to $83 per share from $81 after earnings beat. Multiple price target raises on Club Bullpen name Palo Alto Networks (PANW). Barclays raises Applied Materials (AMAT) price target to $90 per share $80 but keeps neutral rating. Piper Sandler starts DraftKings (DKNG) with an overweight (buy) rating and a $21-per-share price target, which implies about 40% upside from Thursday's close.

☆ Stocks making the biggest moves midday: Ross Stores, Carvana, Coinbase, Rent the Runway and more
▼ + stars: | 2022-11-18 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Ross Stores — Ross Stores jumped 10% after a quarterly beat on earnings and revenue. Foot Locker — Shares jumped 7% after Foot Locker reported surpassed expectations in its latest quarterly report and raised its full-year forecast. Rent the Runway — Shares of Rent the Runway dropped 12% after Morgan Stanley downgraded shares of the online apparel reseller to equal weight from overweight. Buckle reported third-quarter earnings of $1.24 per share, while consensus estimates called for earnings of $1.19 per share, according to FactSet. Williams-Sonoma — Shares dropped nearly 7% after Williams-Sonoma declined to reaffirm or update its guidance through fiscal year 2024..

☆ US stocks defy rising yields to close higher, but cap a mixed week for major indexes
▼ + stars: | 2022-11-18 | by ( Jason Ma | ) www.businessinsider.com time to read: +1 min

US stocks climbed Friday as investors digested strong earnings from the likes of Ross Stores, Palo Alto Networks and Gap. For the week, the Dow was roughly flat, with the S&P 500 lost about 0.8%, and the Nasdaq fell 1.8%. Sign up for our newsletter to get the inside scoop on what traders are talking about — delivered daily to your inbox. For the week, the Dow was roughly flat, with the S&P 500 lost about 0.8%, and the Nasdaq fell 1.8%. "To attain a sufficiently restrictive level, the policy rate will need to be increased further."

☆ US stocks climb amid upbeat earnings reports, but indexes stay on pace for losing weeks
▼ + stars: | 2022-11-18 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

US stocks climbed Friday as investors digest strong earnings and comments from Fed officials. Shares of Ross Stores, Palo Alto Networks, Live Nation, and Gap, among others, rallied Friday. For the week, the Dow is down 0.6%, the S&P 500 is off by 1.2%, and the Nasdaq is 1.6% lower. Ross Stores, Live Nation, and Applied Materials all ticked higher, too. "To attain a sufficiently restrictive level, the policy rate will need to be increased further."

☆ Stocks making the biggest moves premarket: Foot Locker, JD.com, Gap and others
▼ + stars: | 2022-11-18 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines before the bell:Foot Locker (FL) – Foot Locker shares soared 14% in the premarket after beating top and bottom line estimates for its latest quarter. JD.com (JD) – The China-based e-commerce company reported better-than-expected quarterly results as Covid-related lockdowns in China prompted more consumers to shop online. JD.com shares jumped 5.2% in premarket trading. Gap (GPS) – Gap shares rallied 5.1% in premarket trading after an unexpected return to profitability and better-than-expected sales. Williams-Sonoma reported better-than-expected sales and profit for its latest quarter.

☆ Wall Street loves this kind of retailer into a recession — another one just got an upgrade
▼ + stars: | 2022-11-18 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Off-price retailers are poised to outperform, and Ross Stores will be the leader, according to Credit Suisse. Off-price retailers pick up the extra items on the cheap to sell. Other off-price retailers include Nordstrom Rack and Macy 's Backstage. On Thursday, Ross Stores reported fiscal third-quarter earnings-per-share of $1.00 , versus a StreetAccount estimate of 81 cents. The boost was based on 2024 calendar-year EPS versus 2023 EPS.

☆ Dow futures fall slightly as investors assess the prospect of higher interest rates
▼ + stars: | 2022-11-17 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Futures tied to the Dow Jones Industrial Average ticked lower Thursday night as investors continued evaluating earnings reports and tougher language from Federal Reserve speakers. The S&P 500's futures traded near flat, while Nasdaq-100 futures jumped 0.1%. But investors also had to consider comments from more than half a dozen Fed speakers at events across the country. Notably, St. Louis Federal Reserve President James Bullard said Thursday that "the policy rate is not yet in a zone that may be considered sufficiently restrictive." That move alarmed investors who are worried that rising rates could trigger a recession.

☆ Wall Street absolutely loves this retailer, poised to benefit from the industry's inventory issues
▼ + stars: | 2022-11-17 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

The off-price retailer beat earnings expectations on Wednesday, reporting third-quarter earnings-per-share of 86 cents versus a StreetAccount estimate of 80 cents. Revenue, however, came in lower than expected, at $12.17 billion compared to the $12.3 billion expected by Wall Street. The glut of inventory in the retail space has helped lift TJX 's earnings, CEO Ernie Herrman said on the earnings conference call Wednesday. TJX's comparable-store sales were driven by the excellent performance of Marmaxx, particularly its apparel business, the company said. U.S. Marmaxx sales, which includes T.J. Maxx and Marshalls brand stores, rose 3%in the third quarter, while TJX's HomeGoods' comparable-store sales sank 16%.

☆ Stocks making the biggest moves after hours: Live Nation, Gap, Ross Stores, Palo Alto and more
▼ + stars: | 2022-11-17 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Gap – The retailer popped 10% after beating Wall Street's estimates for revenue. Palo Alto Networks – Shares of the cybersecurity provider added 6.5% after beating expectations for revenue and per-share earnings, according to Refinitiv. Ross Stores – Shares shot up 15% following the discount retailer's report of beats on per-share earnings and revenue for the latest quarter. Keysight Technologies – The electronic design company added 4.2% after it reported beating FactSet's expectations for revenue and per-share earnings. Applied Materials – Shares rose 3.4% after the manufacturer known for its semiconductor offerings beat analysts' estimates on revenue and earnings for its fiscal fourth quarter.

☆ One of our best-performing stocks lately reports earnings this week. Here's what to expect
▼ + stars: | 2022-11-14 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Overall, 77% of the 26 analysts who cover TJX rate the stock the equivalent of a buy, according to FactSet. Two big earnings themes When TJX releases fiscal 2023 third-quarter results after Wednesday's closing bell, it'll mark the first time the company will report earnings as a CNBC Investing Club name. TJX saw its pretax margin collapse to 0.3% during its pandemic-marred fiscal 2021, down from 10.6% in its prior fiscal year. Any indications of easing cost headwinds — especially on the freight side — should help support earnings growth into next year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Inflation cools and markets soar, led by tech stocks: How we're making sense of this big week
▼ + stars: | 2022-11-11 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

Markets closed higher for the week after a stellar rally Thursday that saw Big Tech stocks soar on the back of weaker-than-expected consumer price index (CPI) data for October. The S & P 500 closed up more than 5% for the week, its best week since June. Meanwhile, Club holding Amazon (AMZN) is reportedly conducting a broad cost-cutting review , according to The Wall Street Journal. But we think more data is needed before the Fed is able to tone down its hawkish commentary on rates. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Stock market rally will be put to test in week ahead, after yields fall and tech surges
▼ + stars: | 2022-11-11 | by ( Patti Domm | In | ) www.cnbc.com time to read: +10 min

This week, bond yields also came off their highs and were sharply lower, paving the way for gains in tech and growth shares. They include Fed Vice Chair Lael Brainard, New York Fed President John Williams and Minneapolis Fed President Neel Kashkari to name a few. Hogan said that group includes Bullard, Brainard and San Francisco Fed President Mary Daly. Many strategists are calling the move higher a bear market rally, and some expect it will fizzle in December while others say it could continue into the new year. Friday Earnings: JD.com, Foot Locker, Buckle 8:40 a.m. Boston Fed President Susan Collins 10:00 a.m.

☆ Democratic Rep. Bill Keating from Massachusetts is the latest member of Congress to violate a federal conflict-of-interest law
▼ + stars: | 2022-11-02 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

A member of Congress from Massachusetts is the latest congressman to violate a federal conflict-of-interest law. Rep. Bill Keating violated a provision of the STOCK Act by waiting too long to report two stock trades. After close to a year of waiting, House leaders unveiled a congressional stock trading ban in September. Since 2021, Insider's "Conflicted Congress" project, along with other news organizations, have uncovered 73 members of Congress who've violated disclosure provisions of the STOCK Act. Two other members of Massachusetts' congressional delegation — Reps. Katherine Clark and Lori Trahan, both Democrats — have also violated the STOCK Act.

☆ 3 takeaways from our daily meeting: Halliburton earnings beat, Club stocks in the news, TJX is best-of-breed
▼ + stars: | 2022-10-25 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. HAL earnings beat Club stocks making news: STZ, LIN TJX is a best-of-breed stock 1. HAL earnings beat Halliburton (HAL) beat earnings and revenue expectations in its third-quarter results, reported before the bell on Tuesday. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Stocks making the biggest moves midday: Xerox, Logitech, Upstart, Hibbett, Planet Fitness & more
▼ + stars: | 2022-10-25 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Xerox — Shares plunged 15% after the seller of print and digital document products and services reported disappointing earnings and cut its full-year revenue guidance. Brown & Brown — Shares of the insurance company dropped 11% after Brown & Brown missed earnings expectations. Brown & Brown posted earnings of 50 cents per share on revenue of $927.6 million. PulteGroup — The home construction company jumped 5.9% despite disappointing earnings expectations. General Motors — Shares of General Motors rose 3.6% after the automaker handily beat third-quarter earnings expectations.

☆ Wells Fargo upgrades Ross Stores, calls stock one of the 'best ways' to play off-price retail
▼ + stars: | 2022-10-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Ross Stores is one of the best ways investors can get in on the off-price retail trade, Wells Fargo said. Analyst Ike Boruchow upgraded the stock to overweight, saying in a note to clients Tuesday that he sees upside to Wall Street's estimates ahead. Boruchow expects improving fundamentals across the off-price sector due in part to growing inventory availability as consumers trade down. "Simply put, we believe BURL and ROST are the best ways to play our bullish off-price thesis," he wrote, calling both companies "better recovery stories." Boruchow upped Wells Fargo's price target on Ross Stores to $110 from $90 a share, suggesting the stock could rally 26% from Monday's close.

☆ Bargain retailer TJX strategically placed to navigate a recession, JPMorgan says
▼ + stars: | 2022-10-17 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

TJX Companies (TJX) is competitively positioned to weather an economic slowdown, JPMorgan said Monday, underscoring the Club case for owning the off-price retailer. JPMorgan analysts added TJX — whose brands include T.J Maxx, Marshalls and HomeGoods — to their "Analyst Focus List," while reiterating an overweight rating and a Dec. 2023 price target of $80 a share. TJX stock, which is down about 13% year-to-date, was trading up more than 4% in midday trading Monday, at roughly $66.23 a share. That's helped to insulate the retail operator from a recession, JPMorgan analysts argued, and should allow management to make good on its promise to expand merchandise margins within the next three years. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Holiday bargains will dent retail profits. How investors can avoid taking a beating
▼ + stars: | 2022-10-12 | by ( Samantha Subin | ) www.cnbc.com time to read: +11 min

Stifel's research found that consumers plan to spend 9% more this holiday season over 2021. Roughly three-quarters of respondents to a PwC holiday poll indicated they plan to spend the same or more this holiday season. Rather than marking down inventory, companies should hold on to it for the next year if their balance sheets can withstand it, said Siegel. Across the board, many flagship retail stores heavily focused on apparel and footwear like Kohl's and Macy's may struggle to lure customers intent on saving money on discretionary purchases. He points to names heavily focused on electronics and home goods purchased by consumers during the pandemic as one of the weaker areas this holiday season.

☆ UBS pinpoints the stocks with upside potential and downside risk heading into earnings
▼ + stars: | 2022-10-10 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

That doesn't mean there aren't opportunities for investors, however, and UBS has identified both stocks with upside potential and those with downside risk. "Company margins are the biggest investor concern as it relates to fundamentals with expectations for margin gains in '23 at odds with fading sales growth. Here are 5 of UBS' upside and downside picks heading into earnings season: Danaher , the medical and global science company, is the biggest name on UBS' earnings surprise list by market cap. UBS expects mattress company Tempur Sealy to show an earnings beat as "industry trends" improved after Labor Day. On the flipside, e-signature company DocuSign and the packaged foods firm Simply Good Foods are on UBS' watchlist for downside risk this earnings season.

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