-
Mad Money Lightning Round: Cramer Prefers Bed Bath & Beyond, Best Buy and TJX Companies To Saks (SKS, ROST, HD, BBBY, BBY, TJX, ARMH, AAPL, SWKS, CRUS, EP, ETP, NRGY, JNJ, ABT, TEN, JCI)
Thursday, October 14, 2010 - 5:48am | 328On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he believes Saks (NYSE: SKS) is overvalued “given its fundamentals.” He likes Ross Stores (NASDAQ: ROST) or Home Depot (NYSE: HD) which is “down a lot.” He prefers Bed Bath & Beyond (NASDAQ: BBBY), Best Buy (NYSE: BBY) and TJX...
-
Lots of Ways to Invest Like Warren Buffett
Wednesday, October 13, 2010 - 3:44pm | 726Billionaire Warren Buffett is the second richest American. As most investors know, he is the head of Berkshire Hathaway (BRK-A), the highest priced stock and one of the most successful companies during the last half-century. The company also has Class B shares (BRK-B), currently trading around 83....
-
Afternoon Market Update (BIG, SKS, WMT, RST, CVX)
Wednesday, October 13, 2010 - 11:09am | 182US retail shares were mixed, as the shares of Big Lots (NYSE: BIG) dropped about 3.25% after the analysts at JMP Securities downgraded the company from "outperform" to "market perform." The gainers in the list include Saks Inc (NYSE: SKS) and Wal-Mart Stores (NYSE: WMT). The S&P Retail Index (...
-
J.C. Penney Down After Bill Ackman Discusses At Value Investing Congress (JCP)
Wednesday, October 13, 2010 - 10:55am | 104Shares of J.C. Penney Company, Inc. (NYSE: JCP) are down nearly 3% today, one day after Bill Ackman further discussed his investment in the company. Bill Ackman said he has not yet spoken to company management yet regarding his investment in the retailer. Ackman said he likes the fact the company...
-
Gilford Reiterates Buy Rating On DRJ
Wednesday, October 13, 2010 - 10:04am | 220Gilford Securities has issued a research report on Dreams, Inc. (AMEX: DRJ) reiterating its Buy rating. In the report, Gilford writes "In 2009 Dreams Inc. added JC Penney (NYSE: JCP) and Walmart (NYSE: WMT) to the syndication partner list. Of the two, JC Penney was the better deal despite Walmart's...
-
Is Ackman Fishing for Control of JCP?
Wednesday, October 13, 2010 - 9:07am | 177Anonymous sources are reporting that JC Penney (NYSE: JCP) has hired Goldman Sachs (NYSE: GS) as an advisor. This comes just a week after Bill Ackman, along with Vornado Realty Trust (NYSE: VNO), made a sizeable investment in the retailer. Readers should note that Goldman was also hired by Target...
-
Bill Ackman Goes Into More Detail On His J.C. Penney Investment
Tuesday, October 12, 2010 - 4:50pm | 78Bill Ackman said JC Penney (NYSE: JCP) is the most economically sensitive investment he has made. He said at the Value Investing Congress, while most retailers have rallied since 2009, JCP is the same as it was in '09. Ackman loves J.C. Penney's strong balance sheet, great real estate, significant...
-
Bill Ackman Goes Into More Detail On His J.C. Penney Investment
Tuesday, October 12, 2010 - 4:48pm | 78Bill Ackman said JC Penney (NYSE: JCP) is the most economically sensitive investment he has made. He said at the Value Investing Congress, while most retailers have rallied since 2009, JCP is the same as it was in '09. Ackman loves J.C. Penney's strong balance sheet, great real estate, significant...
-
Bill Ackman Goes Into More Detail On His J.C. Penney Investment
Tuesday, October 12, 2010 - 4:46pm | 78Bill Ackman said JC Penney (NYSE: JCP) is the most economically sensitive investment he has made. He said at the Value Investing Congress, while most retailers have rallied since 2009, JCP is the same as it was in '09. Ackman loves J.C. Penney's strong balance sheet, great real estate, significant...
-
Bill Ackman Discusses J.C. Penney (JCP)
Tuesday, October 12, 2010 - 4:38pm | 108Bill Ackman, said at the Value Investing Congress that J.C. Penney (NYSE: JCP) is the most economically sensitive stock Pershing owns. Ackman said it's very cheap, and is a high quality asset. He said its real estates assets are better than that of Macy's (NYSE: M) or Sears Holdings (NASDAQ: SHLD...
-
Top 4 Stocks In The Department Stores Industry With The Highest EPS Estimates (KSS, TJX, SHLD, M)
Tuesday, October 12, 2010 - 4:10am | 154Below are the top department store stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Kohl's Corporation (NYSE: KSS) for the next year ending January, 2012 is $4.21 per share. KSS' PEG ratio is 1.13. TJX Companies Inc (NYSE: TJX) is expected...
-
Macy's $25 October Options Strong (M)
Monday, October 11, 2010 - 3:54pm | 56The October $25 calls for Macy's, Inc. (NYSE: M) have had an extremely strong run today, gaining 100% today. Macys operates department stores and Internet Websites in the United States. The companys retail stores and Websites sell a range of merchandise, including mens, womens, and children.
-
J.C. Penney Upgraded to Market Perform
Monday, October 11, 2010 - 1:44pm | 29J.C. Penney (NYSE: JCP) is upgraded at Friedman Billings to Market Perform. J.C. Penney is currently up 2.77% trading at $33.39.
-
Goldman Sachs Reiterates Neutral Rating on Vornado Realty Trust (VNO)
Monday, October 11, 2010 - 10:43am | 187Goldman Sachs is out with a research report this morning, where it reiterates its Neutral rating on Vornado Realty Trust (NYSE: VNO); it has an $86.00 price target on the stock. The analysts cited VNO's recent announcement of a 9.9% interest in shares of national retailer JCPenney (NYSE: JCP), for...
-
Disparity in Wage and Employment Data Continues To Favor High-End Retailers, Piper Jaffray Reports
Monday, October 11, 2010 - 8:40am | 181Piper Jaffray says that it is increasingly confident in its thesis that high-end retailers will outperform those catering to a moderate-income customer. “Based on our proprietary analysis, wages for highest quintile increased 4.0% y/y in September –representing an acceleration of 20 bps from...