As global markets show signs of recovery with indices like the S&P 500 nearing record highs and various regions experiencing economic growth, investors are keenly observing market trends and potential opportunities. In this context, growth companies with high insider ownership can be particularly compelling, as significant insider stakes often signal confidence in the company's future from those who know it best.
The retail sector is in focus now with the earnings releases of big retailers like Wal-Mart (WMT), Home Depot (HD), Lowe's (LOW) and Target (TGT), as well as store channels like Nordstrom (JWN) and Kohl's (KSS) coming up.
The event, which benefited Big Brothers Big Sisters of America and Boys Hope Girls Hope New York, raised $650,000.