Why Retail Stocks Popped Today
Retail stocks were up broadly today as department store chains and big-box stores continued to rally on bullish reports on the holiday weekend and key selling days like Black Friday and Cyber Monday.
Among the winners today were Nordstrom (NYSE: JWN), which was up 5.1%; Macy's (NYSE: M), which gained 5.5%; Kohl's (NYSE: KSS), up 3.5%; Sears Holdings (NASDAQ: SHLD), which rose 6%; and Target (NYSE: TGT), which was up 5.5%.
The stocks started surging yesterday afternoon, building on upbeat reports as Macy's has looked particularly strong, with its shares up 14% in the last week.
Source: Fool.com
Nordstrom Inc. Aktie
19,36 €
-1,69 %
Die Community unterstützt Nordstrom Inc. nicht stark, mit mehr Sell- als Buy-Einschätzungen.
Für Nordstrom Inc. sieht die Community ein Kursziel von 13 €, was einen erheblichen Rückgang um über 20% gegenüber dem aktuellen Kurs von 19.36 € bedeutet.
