6.18k followers • 11 symbols Watchlist by Yahoo Finance
This basket consists of stocks gaining popularity from health and wellness.
Lululemon Athletica Inc.
Herbalife Nutrition Ltd.
Under Armour, Inc.
DICK'S Sporting Goods, Inc.
Foot Locker, Inc.
GNC Holdings, Inc.
Shares of lululemon athletica (NASDAQ: LULU) gained 34.7% through the first six months of the year, according to data provided by S&P Global Market Intelligence. Lululemon entered the year with revenue up 21% and earnings per share up 28% in fiscal 2019. Store closures around COVID-19 initially sent the stock down in March, but investors anticipated Lululemon would be fine, especially given the investments in the e-commerce business, which made up nearly a third of its sales last year.
Halfway through the year, those who invest in the S&P 500 (SNPINDEX: ^GSPC) are still down on the year, but most are breathing a big sigh of relief after having suffered far larger losses earlier in the year. In some ways, it's questionable whether DexCom (NASDAQ: DXCM) truly deserves a place on this list. The company has been public for 15 years, but it just joined the S&P 500 Index in May.
FC Barcelona is set to pursue Nike for compensation after discovering a defect with new football kits made by the US sportswear maker, resulting in the Spanish club missing out on a crucial shop window at the end of the football season. Fixtures in Spain’s La Liga, postponed during the pandemic, restarted last month with Barcelona officials hoping its players such as Lionel Messi and Antoine Griezmann would return to action wearing the latest design of the club’s red-and-blue shirt.
The ratings on five of the P&I classes were affirmed due to the pool's share of defeasance and the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), being within acceptable ranges. The ratings on four P&I classes were downgraded due to higher anticipated losses and a decline in pool performance primarily driven by the increase in specially serviced loans secured by hotel and regional mall properties.
The ratings on five of the P&I classes were affirmed due to the pool's share of defeasance and the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), being within acceptable ranges. The rating on one of the IO classes, class X-A, was affirmed based on the credit quality of the referenced classes.
The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]
The rating on the interest-only (IO) class, Class X-A, was affirmed based on the credit quality of its referenced classes. The rating on the exchangeable class, Class PEZ, was confirmed due to the credit quality of the referenced exchangeable classes.
Under Armour reportedly is looking to sell MyFitnessPal, a smartphone app and website that tracks diet and exercise. Under Armour is looking to sell the app, which it bought in 2015 for around $475 million, according to The Information, which cited two people familiar with the matter. Founded in 2005, MyFitnessPal had 80 million users at the time it was purchased.
Dow Jones futures fell Tuesday after Monday's strong coronavirus stock market rally, as Apple, Amazon and Tesla led the way. Alibaba broke out.
More retailers joined Nike in pulling Washington Redskins merchandise from their online shops after the team said Friday it would undergo a thorough review of its name.
Dexcom broke past a 415.59 cup-with-handle buy point after recently rebounding from its 50-day/10-week line. RS line not yet at highs but follows strong prior uptrend.
(PTON) has soared 114% in 2020, and that outperformance is likely to continue—just not at such a blistering pace, suggests Wedbush. The firm removed Peloton (ticker: PTON) from its Best Ideas List on Monday, after adding it in mid-March, when the shares were trading at just over $22. Hardiman has argued before that Peloton is more than just a fad, spurred on by coronavirus-related stay-at-home orders in many parts of the nation.
Fashion brands and retailers re-opening around the world to patchy demand, and carrying unsold stock from spring have cut fall orders by as much as two-thirds in moves spelling more pain for Asian suppliers.
MIRROR brings a subscription revenue stream and plenty of cross-sell opportunities between the two fitness brands.
* This weekend's Barron's cover story offers three ways for investors to play the second half of 2020. * Other featured articles look at what a Biden administration may mean for Wall Street, as well as some unloved utilities and other stocks. * Also, the prospects for a software stocks, restaurant stocks, an unexpected acquisition and more.Cover story "3 Scenarios for Playing the Coronavirus Economy in the Second Half" by Lisa Beilfuss presents a bullish and a bearish case for the second half of 2020. How will Apple Inc. (NASDAQ: AAPL), Nike Inc (NYSE: NKE) and others fare?Carleton English's "Beaten-Down Utility Stocks Could Power Up" makes a case that this out-of-favor sector includes some bargains with juicy payouts. Does that include CenterPoint Energy, Inc. (NYSE: CNP) or PG&E Corporation (NYSE: PCG)?In "No Friends on Wall Street? No Problem for These 3 Stocks," Al Root examines why sometimes it pays to buy the market's most unloved stocks, such as Sally Beauty Holdings, Inc. (NYSE: SBH), that have faced bad news but where business trends are improving.How the likes of Amazon.com, Inc. (NASDAQ: AMZN) and Tesla Inc (NASDAQ: TSLA), and Wall Street overall, might fare under a Biden administration, according to "What a Democratic Sweep Could Mean for the Market" by Andrew Bary.In Eric J. Savitz's "Software Is Saving the World--and Other First-Half Lessons," see whether Adobe Inc (NASDAQ: ADBE) and Square Inc (NYSE: SQ) are among the 10 best-performing tech stocks of 2020 so far, and which one Barron's thinks may have gone too far.See also: 9 'Summer BBQ' Stocks With A Lot Riding On July 4 Weekend"Chipotle and Wingstop Are Winning the Pandemic" by Jack Hough discusses why Chipotle Mexican Grill, Inc. (NYSE: CMG) and Wingstop Inc (NASDAQ: WING) shares have soared despite COVID-19 surges and canceled reopenings.Athletic apparel retailer Lululemon Athletica Inc (NASDAQ: LULU) is buying Mirror, which could be the next big winner in the stay-at-home exercise space. So says Steven M. Sears's "How to Play Lululemon as It Moves Into Peloton's Space."In "How Zoom Is Moving Past the 'Zoombombing' Debacle," Shaina Mishkin shows why Zoom Video Communications Inc (NASDAQ: ZM) has become a household name for Americans in less than six months.Also in this week's Barron's: * Barron's Mutual Fund Quarterly * What comes next in the pandemic * What the Supreme Court's ruling means for the CFPB * Social Security and Medicare tax traps that retirees should beware * Why investors should fear a 'summertime melt-up' * Why the spike in the jobs market looks flimsy * Dividend funds with the flexibility to weather the pandemicAt the time of this writing, the author had no position in the mentioned equities.Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.See more from Benzinga * Bulls And Bears Of The Week: Lululemon, Square, Tesla And More * Barron's Picks And Pans: Biden, ESG And Reopening Picks * Notable Insider Buys: Continental Resources, Fox, Groupon And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
* Benzinga has examined the prospects for many investor favorite stocks over the past week. * This week's bullish calls the he electric vehicle leader and a car rental giant. * A financial giant and a COVID-19 vaccine play were among the bearish callsThe big three U.S. indexes ended the holiday-shortened week with gains of at least 3%. A big bankruptcy in the oil patch comes ahead of a possible rekindled oil price war, and jobs numbers were better than expected.Also, the leading electric vehicle maker trounced expectations last week and became the world's most valuable automaker. And the COVID-19 resurgence continues to wreak havoc on businesses large and small.Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are some of this past week's most bullish and bearish posts that are worth another look.Bulls In "Tesla Analyst Sees 'Major Home Run' In Q2 Deliveries Despite Year-Over-Year Declines," Elizabeth Balboa shares why better-than-expected Tesla Inc (NASDAQ: TSLA) deliveries are a "jaw dropper."Shanthi Rexaline's "Why Square Is A 'Need-To-Own' Stock For Years To Come" reveals why Square Inc (NYSE: SQ) revenue is likely to increase more than three times over the next five years."Avis Budget Benefits From Improving Used Car Market, Morgan Stanley Says In Upgrade" by Priya Nigam suggests that Avis Budget Group Inc. (NASDAQ: CAR) appears poised for share gains.Its first major acquisition brings Lululemon Athletica Inc (NASDAQ: LULU) a new revenue stream and new customers, according to Wayne Duggan's "Wall Street Weighs In On Lululemon's Mirror Acquisition."For additional bullish calls, also have a look at "2 Reasons Spiking COVID-19 Cases Doesn't Mean You Should Be Dumping Stocks" and Matt Maley On How To Profit When The Market's 'Dead Wrong.'" Bears "Morgan Stanley Option Traders Bet Millions On 25% Long-Term Downside" by Wayne Duggan discusses why the next year-and-a-half may not be as kind to Morgan Stanley (NYSE: MS) as the past three months.Jayson Derrick's "Uber's Ex-Chief Business Officer Isn't A Fan Of Reported Postmates Deal" looks at whether Uber Technologies Inc (NYSE: UBER) really benefits from its proposed acquisition of the food delivery business.Uncertainty about the Inovio Pharmaceuticals Inc (NASDAQ: INO) COVID-19 vaccine candidate remains. So says "Inovio Analyst Downgrades COVID-19 Vaccine Developer, Says Risk Higher After Rally" by Shanthi Rexaline.In Priya Nigam's "BofA Downgrades iHeartMedia On Lower Visibility, Advertising, Event Headwinds," see why iHeartMedia Inc (NASDAQ: IHRT) lacks meaningful catalysts in the near term.Be sure to check out "BofA Cuts Macau Estimates After 97% Year-Over-Year Drop In Gross Gaming Revenue" and "How Hong Kong's New Security Law May Affect Local Investments" for additional bearish calls.At the time of this writing, the author had no position in the mentioned equities.Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.See more from Benzinga * Barron's Picks And Pans: Biden, ESG And Reopening Picks * Bulls And Bears Of The Week: Apple, Facebook, Tesla And More * Barron's Picks And Pans: Brunswick, Cloudflare, Gilead And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Strategists see a raft of unknowns—from the virus itself to the expiration of enhanced jobless benefits—that will determine the recovery’s shape.
Use the DuPont technique to pick solid profit-generating stocks.
Every so often a company does something that just makes so much sense, and the deal that Gap (NYSE: GPS) has signed with Kanye West is one of them. Whether you like him or not (or merely shrug and roll your eyes when you hear his name), West bringing his Yeezy line of clothes to Gap is a really smart move for the retailer. While Nike (NYSE: NKE) didn't really need the assist when his first line of Air Yeezy sneakers was introduced back in 2009, it was still a notable development because it was the footwear maker's first non-athlete-branded sneaker.
We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. We are almost done with the second quarter. Investors decided […]
Lululemon (NASDAQ:LULU) has been lagging since the company reported earnings in early June. However, LULU stock caught a bid on June 30, on news that it will acquire Mirror for $500 million.Source: Sorbis / Shutterstock.com Shares closed off the highs, but still climbed 6% on the day. Why the enthusiasm? Because Lululemon bought into a growing secular theme that plays nicely with its current business model. Breaking Down the DealMirror is an at-home workout startup. Like its name implies, the company's lead product is literally a giant mirror that also plays video. That video allows instructors to lead live classes, giving a gym-like experience to users who are at home.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt's sort of like Peloton (NASDAQ:PTON), shares of which have exploded higher in 2020 as the stay-at-home theme continues to thrive.Hopefully the novel coronavirus won't continue its rapid spread and domination for years to come. Whether it does or not though, may not matter. The stay-at-home theme seems to have staying power, which is why investors were so enthusiastic by Lululemon's purchase, even if it takes a while to contribute to the top and bottom line. * 7 Utilities Stocks to Buy With Reassuring Dividends At the end of the day, the at-home workout business has momentum and ties in with Luluelemon's workout apparel lineup, giving the deal potential to be could be a great fit. Mirror customers now have a tie to Lululemon apparel, and Lululemon customers now have a convenient although pricey at-home workout solution in front of them. A Look at LULU StockI continue to like Lululemon -- and not just because of the acquisition. Like Nike (NYSE:NKE), Lululemon has a powerful brand and loyal customers. As a result, it's a name that we want to own for the long term.Admittedly, there will be ups and downs. But the rallies in LULU stock will outweigh the declines, something we have seen play out quite well in 2020.When Lululemon Athletica last reported earnings, we got a mixed result. Revenue slumped more than 16% year-over-year to approximately $652 million, missing analysts' estimates by almost $50 million.As strange as it feels to say, the company's revenue decline was "only" 16%, though. Far more companies saw an even worse drawdown in the quarter, as Covid-19 put a serious dent in sales. In that light -- with so many store closures -- I view that sales number as pretty good.More encouraging were Lululemon's online sales. E-commerce sales boomed in the quarter, rising to $352 million, up almost 70% vs. the same period a year ago. Those looking at the numbers might quickly deduce that $352 million in online sales is rather significant against $652 million in overall sales.In fact, it's just over half at 52%. While that figure may not have staying power once stores begin to reopen, it's an encouraging sign given the future of retail.As the world returns to a state of normalcy, so too should Lululemon. If that's the case, it means a return to growth. Consensus expectations call for roughly flat revenue growth in 2020. However, next year expectations are looking for 24% revenue growth.That's what we expect with a brand like Lululemon, although investors are cognizant enough to recognize the (hopefully short-term) impact of Covid-19. Trading Lululemon Click to EnlargeSource: Chart courtesy of StockCharts.com From peak to trough, LULU stock fell more than 50%. However, the stock then rallied more than 150% from the lows into earnings in early June.With the mixed results, shares gently pulled back, before gapping higher on the Mirror news. So now what?To see more upside, investors need Lululemon's stock to push through the 138.2% extension at $318.67, putting the all-time highs and current resistance in play near $325. Above that and, technically speaking, the 161.8% extension could be in play near $350.On the downside, a break of Tuesday's low puts a gap-fill in play back toward $293. Below that could put the 50-day moving average in play.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. Matt does not directly own the aforementioned securities. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Does Mirror Acquisition Make Lululemon Stock a Buy Again? appeared first on InvestorPlace.
EU regulators are checking whether Google's purchase of Fitbit might allow it to drive rival makers of wearable devices, app developers and other online service providers out of the market, and boost its dominance in online advertising and search. Healthcare providers are also being asked whether they would see Google as a rival if it is allowed to buy the fitness tracker company in a $2.1 billion deal criticised by privacy and consumer groups, according to EU documents seen by Reuters. The EU queries underscore the importance of Fitbit's <FIT.N> trove of health data generated from its devices, which are used to monitor users' daily steps, calories burned and distance travelled, and how this could further extend Alphabet Inc-owned <GOOGL.O> Google's market power into a fast-growing area.