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Tag: trader

Trader says one could be a better big-box pick

It’s a big-box breakout. Costco and Walmart shares are higher for the year, bucking the sharp market sell-off, with Americans stockpiling as coronavirus lockdowns stretch on. Though both have broken out, Oppenheimer’s head of technical analysis, Ari Wald, said one has the edge over the other here. “We like them both. We’re bullish on both …

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Joe Coulombe, founder of Trader Joe’s, dies aged 89 | US news

Joe Coulombe, who created Trader Joe’s with a vision that college-educated but poorly paid young people would flock to a store that stocked healthy foods at bargain prices, died late on Friday. He was 89. Coulombe, who opened his first Trader Joes in Pasadena, California, in 1967, died following a long illness, his son, Joe …

Joe Coulombe, founder of Trader Joe’s, dies aged 89 | US newsRead More

Amazon tops earnings estimates and trader sees ‘room for upside’

Amazon is in a prime position post-earnings. Shares of the e-commerce giant soared more than 10% in after-hours trade following the company’s fourth-quarter earnings report Thursday after the bell. The report topped Wall Street’s estimates on earnings and revenue following what the company called a “record” holiday sales season. Even with this impressive move in Amazon, …

Amazon tops earnings estimates and trader sees ‘room for upside’Read More

H-E-B takes top spot from Trader Joe’s as top U.S. grocery store retailer

A regional grocer has dethroned Trader Joe’s as the top grocer in the U.S.  For the first time, San Antonio-based H-E-B was rated the top U.S. grocery retailer, bumping Trader Joe’s from the top spot which the discounter has held the last two years, according to customer date science dunnhumby’s third annual Retailer Preference Index. …

H-E-B takes top spot from Trader Joe’s as top U.S. grocery store retailerRead More

H-E-B takes top spot from Trader Joe’s as top U.S. grocery store retailer

A regional grocer has dethroned Trader Joe’s as the top grocer in the U.S.  For the first time, San Antonio-based H-E-B was rated the top U.S. grocery retailer, bumping Trader Joe’s from the top spot which the discounter has held the last two years, according to customer date science dunnhumby’s third annual Retailer Preference Index. …

H-E-B takes top spot from Trader Joe’s as top U.S. grocery store retailerRead More

Costco stock nears a key level as retail earnings roll in, trader says

Trading Costco here may be worth the cost. So says Todd Gordon, founder of TradingAnalysis.com, who found the recent action in the consumer staples sector as a whole — and Costco’s stock in particular — to be worth investors’ attention. “I’m seeing the overall market being a little overbought, which gives me pause, but I …

Costco stock nears a key level as retail earnings roll in, trader saysRead More

Trader isn’t buying Bed, Bath & Beyond bounce quite yet

Bed, Bath & Beyond is bouncing hard. The stock soared more than 20% on Thursday, its second-best day on record, after the company named former Target executive Mark Tritton as president and CEO come early November. The stock was up more than 3% in Friday’s premarket above Thursday’s closing price of $12.09. It’s been a …

Trader isn’t buying Bed, Bath & Beyond bounce quite yetRead More