The best stocks to buy today? 5 retail stocks for your December 2021 watchlist


5 best retail stocks to check out on the stock market today

Retail stocks occupy an attractive position in the scholarship today, To say the least. On the one hand, consumer spending does not seem only affected by rising prices. Even with inflation increasing at its fastest pace in about 30 years, this is evident in October’s retail sales figures exceeding estimates. On the flip side, online sales over the recent Black Friday and Cyber ​​Monday weekend encountered a problem as coronavirus nervousness weighed on consumer markets. However, it is important to note that the sales numbers for the weekend are compared to a year ago when reopening trade was strong. In addition, investors have many reasons to watch retail stocks now.

For example, things appear to be heating up in the Brazilian e-commerce market. This is evident as a newcomer to the local scene Limited sea (NYSE: SE), continues to gain ground on its rival Mercadolibre (NASDAQ: MELI). According to Morgan stanley (NYSE: MS) Analyst Ranjan Sharma, Sea Limited Shopee’s e-commerce platform poses “growing competition” for Mercadolibre. Namely, the Shopee Brasil app now has over 100 million downloads since its launch in January last year. Sharma notes that this is a 5% gain in local e-commerce market share. Regardless, shares of both companies are still up more than 130% since their pandemic-era lows. As investors consider returning to pandemic games such as these in the stock Exchange now a question remains. In other words, could retail stocks be worth investing in now?

The best retail stocks to buy [Or Sell] In December 2021

Home Depot inc.

Home deposit is one of the largest retailers of home improvement products in the world, with approximately half a million associates and more than 2,000 stores in the United States, Canada and Mexico. His typical store today averages 105,000 square feet of indoor retail space. In addition, he owns an impressive e-commerce business that offers over a million products to his DIY customers and professional contractors. HD stock is currently trading at $ 409.18 at 12:44 p.m. ET and has risen over 45% in the past year alone.

Last month, the company released its third quarter financial results. Plunging, sales for the quarter were $ 36.8 billion, up 9.8% year-over-year. Comparable sales for the quarter increased 6.1% year-on-year. Net income for the quarter was $ 4.1 billion, or $ 3.92 per diluted share. Given this news, is HD stock worth buying right now?

Source: TD Ameritrade CGU

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Signet Jewelers Ltd.

Following this we have Jewelers Signet rings, the world’s largest retailer of diamond jewelry. With approximately 2,800 stores primarily under its brand portfolio, it continues to be a goal-oriented and sustainability-driven company. This includes Kay Jewelers, Zales, and Diamond Direct, among others. SIG stock is currently trading at $ 89.60 at 12:44 p.m. ET and has seen gains of over 200% in the past year alone. Today, the company just released its third quarter financial results for fiscal 2022 and has raised its forecast.

First, the company reported total revenue of $ 1.5 billion, an increase of over $ 235 million from a year ago. In addition, it notes that its e-commerce sales grew 14.4% year-over-year to $ 273.1 million. Signet Jewelers also posted diluted GAAP earnings per share of $ 1.45 for the quarter. He now expects total revenue for fiscal 2022 of $ 7.41 billion to $ 7.49 billion. Second, the company claims that its customer’s data-driven insight and planning has resulted in faster receipt of its vacation assortment and has avoided any significant disruption to its supply chain needs on hand. -work. That being said, is SIG stock a retail stock to consider investing in today?

SIG stock chartSource: TD Ameritrade CGU

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Societe Generale Dollar

General dollar is a chain of variety stores across the United States With more than 80 years of adding value to its consumers, the company offers everyday products ranging from food to health and cleaning products. Today, it has more than 17,000 stores and sells products from some of the country’s most trusted manufacturers. DG stock is currently trading at $ 215.43 at 12:45 p.m. ET. Today it also released its third quarter financial results.

For starters, net sales for the quarter increased 3.9% to $ 8.5 billion. The company also posted diluted earnings per share of $ 2.08. Dollar General also declared a quarterly cash dividend of $ 0.42 per share. The company also says that during this quarter it made significant progress in advancing its key initiatives, while continuing to deliver successfully to its customers. In addition, it also announced that it will expand internationally for the first time, with plans to open up to ten stores in Mexico by the end of fiscal 2022. All things considered, will add do you have the DG stock in your wallet?

DG stock chartSource: TD Ameritrade CGU

Costco Wholesale Company

Then we will look at the Costco Wholesale Company. Overall, as the name suggests, consumers often turn to Costco when shopping for items wholesale. In other words, the company operates a global chain of member-only big box retail stores. As one of the world’s largest retailers, Costco could be a benchmark for consumers bracing amid concerns about Omicron variants.

Likewise, would investors be wise to keep track of the COST stock now? Well, on the one hand, the company’s shares are currently trading at $ 528.23 at 12:45 p.m. ET. This would be after gains of 38% since the start of the year. Even with its current earnings, Costco continues to grow operationally. Earlier today, the retailer released its monthly sales report. It posted strong year-over-year gains of 15% of net sales and 14% of total same-store sales in November. Despite these growth numbers slightly below estimates, CNBC’s Jim Cramer still sees a benefit for Costco. Cramer notes that this is “nothing more than expectations getting a little too bullish.” Could all of this make COST stock a top choice in the stock market today?

NASDAQ COTSource: TD Ameritrade CGU

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Walmart Inc.

Last but not least is Walmart, the world’s largest retailer. From hypermarkets and discount department stores to grocery chains, Walmart does it all. To put it mildly, the company serves around 220 million customers per week through its global network of stores and e-commerce platforms. Given the company’s overall reach in the retail scene, WMT’s stock may now gain some attention. Right now, the company’s shares are trading at $ 136.92 at 12:45 p.m. ET.

Notably, like other retailers, Walmart has and continues to strengthen its e-commerce operations. Since last week he is currently working with Twitter (NYSE: TWTR) on this front. To highlight the duo recently tested Twitter’s live shopping platform over the Black Friday weekend. Earlier in November, news broke that the company was testing fully autonomous trucks for its online grocery division. Overall, Walmart now appears to be pulling all cylinders to adapt to changing consumer trends. As such, will you be keeping an eye on WMT’s stock?

NYSE WMTSource: TD Ameritrade CGU

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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