Tag Archives: JWN

Hot Growth Stocks For 2022

Investors had high hopes heading into Ulta Beauty’s (NASDAQ:ULTA) second-quarter earnings report in late August, and they weren’t disappointed.

The beauty products retailer recently posted accelerating growth and spiking profitability, which together convinced management to significantly upgrade its outlook for the year. Ulta is now on track for a banner 2021 that sets a new standard for earnings power.

More on that 2021 forecast in a minute — first, let’s take a closer look at the latest operating trends.

Image source: Getty Images.

Hot Growth Stocks For 2022: Intuitive Surgical Inc.(ISRG)

Intuitive Surgical, Inc. designs, manufactures, and markets da Vinci surgical systems for various surgical procedures, including urologic, gynecologic, cardiothoracic, general, and head and neck surgeries. Its da Vinci surgical system consists of a surgeon?s console or consoles, a patient-side cart, a 3-D vision system, and proprietary ?wristed? instruments. The company?s da Vinci surgical system translates the surgeon?s natural hand movements on instrument controls at the console into corresponding micro-movements of instruments positioned inside the patient through small puncture incisions, or ports. It also manufactures a range of EndoWrist instruments, which incorporate wrist joints for natural dexterity for various surgical procedures. Its EndoWrist instruments consist of forceps, scissors, electrocautery, scalpels, and other surgical tools. In addition, it sells various vision and accessory products for use in conjunction with the da Vinci Surgical System as surgical procedures are performed. The company?s accessory products include sterile drapes used to ensure a sterile field during surgery; vision products, such as replacement 3-D stereo endoscopes, camera heads, light guides, and other items. It markets its products through sales representatives in the United States, and through sales representatives and distributors in international markets. The company was founded in 1995 and is headquartered in Sunnyvale, California.

Advisors’ Opinion:

  • [By Motley Fool Staff]

    For this episode, it’s time to check in on not one but two such samplers. First, it’s been one year since he offered up “Five Stocks I Own That You Should Too.” Those were Activision Blizzard(NASDAQ:ATVI), Alphabet(NASDAQ:GOOGL) (NASDAQ:GOOG),Intuitive Surgical(NASDAQ:ISRG), Match Group(NASDAQ:MTCH), and Zillow(NASDAQ:Z) (NASDAQ:ZG), and he’ll review their progress with senior analystJim Mueller.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Intuitive Surgical (ISRG)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Keith Speights]

    Two of my favorite medical-device stocks are Align Technology (NASDAQ:ALGN) and Intuitive Surgical (NASDAQ:ISRG). However, I’ve liked Intuitive a lot more after Align’s share price plunged in the fourth quarter of 2018.

Hot Growth Stocks For 2022: Nordstrom Inc.(JWN)

Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. It offers a selection of brand name and private label merchandise. The company sells its products through various channels, including Nordstrom full-line stores, off-price Nordstrom Rack stores, Jeffrey? boutiques, treasure & bond, and Last Chance clearance stores; and its online store, nordstrom.com, as well as through catalog. Nordstrom also provides a private label card, two Nordstrom VISA credit cards, and a debit card for Nordstrom purchases. The company?s credit and debit cards feature a shopping-based loyalty program. As of September 30, 2011, it operated 222 stores, including 117 full-line stores, 101 Nordstrom Racks, 2 Jeffrey boutiques, 1 treasure & bond store, and 1 clearance store in 30 states. The company was founded in 1901 and is based in Seattle, Washington.

Advisors’ Opinion:

  • [By ]

    Nordstrom (JWN) was down 8.5% after the department-store operator was downgraded to Underweight from Equal Weight at Morgan Stanley. Nordstrom stock dropped 18% on Wednesday after reporting earnings.

  • [By ]

    Nordstrom (ticker: JWN) reported fiscal second-quarter earnings of 49 cents a share, ahead of consensus estimates at 27 cents a share, according to FactSet. Sales of $3.57 billion were up 101% from last year and above consensus estimates at $3.34 billion. Still, sales were down 6% from the same period in 2019, before the pandemic withered traffic counts in department stores.

  • [By Dan Caplinger (TMFGalagan)]

    However, there were some hints of discontentment in the after-hours session, as a couple of retail stocks reported disappointing earnings results. Both Nordstrom (NYSE:JWN) and Urban Outfitters (NASDAQ:URBN) lost ground, and what they said could cast a shadow over the idea that the vaccination-led economic recovery will inevitably produce strength across the retail industry.

Hot Growth Stocks For 2022: Buffalo Wild Wings Inc.(BWLD)

Buffalo Wild Wings, Inc. engages in the ownership, operation, and franchise of restaurants in the United States. The company provides quick casual and casual dining services, as well as serves bottled beers, wines, and liquor. As of July 26, 2011, it had 773 Buffalo Wild Wings locations in 45 states in the United States, as well as in Canada. The company was founded in 1982 and is headquartered in Minneapolis, Minnesota.

Advisors’ Opinion:

  • [By Steve Symington]

    That’s not to say it was a quiet day for every stock on the market. With earnings season ramping up, brewing giant Anheuser-Busch InBev (NYSE:BUD) and restaurant chain Buffalo Wild Wings (NASDAQ:BWLD) served as an exercise in contrast as investors reacted to their respective quarterly reports.

  • [By Peter Graham]

    A long term performance chart shows Dave & Busters Entertainmenttripling in valuebefore falling back whilesmall cap upscale gentlemen’s clubs and restaurant ownerRCI Hospitality Holdings, Inc (NASDAQ: RICK) began taking off in 2016 and small capBuffalo Wild Wings (NASDAQ: BWLD) is being acquired by Arbys Restaurant Group:

Hot Growth Stocks For 2022: TrueBlue Inc.(TBI)

TrueBlue, Inc. provides temporary blue-collar staffing services in the United States. It supplies on demand general labor to various industries under the Labor Ready brand; skilled labor to manufacturing and logistics industries under the Spartan Staffing brand; and trades people for commercial, industrial, and residential construction, and building and plant maintenance industries under the CLP Resources brand. The company also provides mechanics and technicians to the aviation maintenance, repair and overhaul, aerospace manufacturing, and assembly industries, as well as to other transportation industries under the Plane Techs brand; and temporary drivers to the transportation and distribution industries under the Centerline brand. It primarily serves small and medium-size businesses. The company was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in December 2007. TrueBlue, Inc. was founded in 1985 and is headquartered in Tacoma, Washington.

Advisors’ Opinion:

  • [By Logan Wallace]

    ValuEngine downgraded shares of Trueblue (NYSE:TBI) from a hold rating to a sell rating in a report issued on Friday morning.

    Several other research firms have also recently weighed in on TBI. Zacks Investment Research cut shares of Trueblue from a hold rating to a sell rating in a research report on Tuesday, February 12th. BMO Capital Markets decreased their price objective on shares of Trueblue from $26.00 to $24.00 and set a market perform rating for the company in a research report on Monday, February 11th. TheStreet cut shares of Trueblue from a b- rating to a c rating in a research report on Monday, December 31st. Finally, Credit Suisse Group decreased their price objective on shares of Trueblue from $31.00 to $25.00 and set a hold rating for the company in a research report on Tuesday, November 6th. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company. Trueblue presently has an average rating of Hold and a consensus price target of $26.00.

  • [By Motley Fool Transcribers]

    TrueBlue Inc (NYSE:TBI)Q42018 Earnings Conference CallFeb. 07, 2019, 5:00 p.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Max Byerly]

    Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Trueblue Inc (NYSE:TBI) by 18.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,550 shares of the business services provider’s stock after purchasing an additional 4,700 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in Trueblue were worth $823,000 as of its most recent filing with the Securities & Exchange Commission.

  • [By Logan Wallace]

    Media stories about Trueblue (NYSE:TBI) have trended somewhat positive on Monday, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Trueblue earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 45.3296498009881 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These 2 Stocks Just Dropped After Hours

The stock market kept rising on Tuesday, with modest gains adding to Monday’s rally. The S&P 500 (SNPINDEX:^GSPC) joined the Nasdaq Composite (NASDAQINDEX:^IXIC) at record levels, while the Dow Jones Industrial Average (DJINDICES:^DJI) had to settle for the smallest gain of the major indexes.

Index

Percentage Change

Point Change

Dow

+0.09%

+30

S&P 500

+0.15%

+7

Nasdaq Composite

+0.52%

+77

Data source: Yahoo! Finance.

However, there were some hints of discontentment in the after-hours session, as a couple of retail stocks reported disappointing earnings results. Both Nordstrom (NYSE:JWN) and Urban Outfitters (NASDAQ:URBN) lost ground, and what they said could cast a shadow over the idea that the vaccination-led economic recovery will inevitably produce strength across the retail industry.

Nordstrom can’t satisfy shareholders

Shares of Nordstrom fell more than 7% on Tuesday afternoon after the close of the regular session. The department store retailer’s second-quarter financial report had some positive points, but investors simply weren’t content with the progress Nordstrom has been making lately.

Three people trying on hats at a store.g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/640597/shopping-3-people-gettyimages-bldhs040056tgs.jpg&w=1000&op=resize 1000w, g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/640597/shopping-3-people-gettyimages-bldhs040056tgs.jpg&w=2000&op=resize 2000w”/>

Image source: Getty Images.

Nordstrom’s numbers reflected the challenges of pandemic-related lockdowns in the year-ago period, but they also signaled some failures to recover fully. Net sales more than doubled year over year, but they were down 6% from the same period in 2019 before the pandemic. The company had some success with its annual anniversary event, with sales rising 1% from 2019 levels, taking calendar effects into account.

CEO Erik Nordstrom attributed the gains to the strength of its namesake high-end stores and its Nordstrom Rack off-price store concept. In particular, the company is trying to broaden the reach of Nordstrom Rack by expanding price points, which helped lead to improving sales compared to the first quarter of 2021. Meanwhile, ongoing progress in boosting digital sales pointed to the wisdom of Nordstrom’s investments in its digital channel.

Even with a raised outlook calling for 35% revenue growth for 2021, though, shareholders wanted to see Nordstrom take greater advantage of the rebound. With the stock still significantly below its all-time highs from the mid-2010s, the retailer has a long way to go to fully satisfy its investors.

Urban Outfitters gives back gains

Urban Outfitters also saw losses in the after-hours session, although in its case, it merely gave back gains from earlier in the day. Urban Outfitters finished regular trading up more than 5%, but then fell almost 5% following its earnings release.

The early gains came from news that Urban Outfitters would launch a resale marketplace for apparel and accessories. Nuuly Thrift will tap into the heavy demand among consumers for secondhand goods, and Urban Outfitters investors especially liked the idea given the company’s efforts to tap into fashion trends in a distinctive way.

Urban Outfitters also seemed to do well in its financial results. Compared with pre-pandemic levels two years ago, revenue jumped more than 20%, with digital channel growth easily offsetting negative retail-store sales comparisons because of lingering impacts of the pandemic. The Free People store concept did the best with 53% sales gains, followed by 20% from the namesake brand and 14% for Anthropologie.

Again, though, the drop in the stock reflects the extremely high expectations shareholders have for retailers to bounce back convincingly. In that light, even the solid results from Urban Outfitters and Nordstrom in recent periods don’t appear to have been enough, and that could cause problems for the entire retail industry if conditions don’t improve more quickly.

This article represents the opinion of the writer, who may disagree with the official recommendation position of a Motley Fool premium advisory service. Were motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.