This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

5 Retail Stocks to Trade for Gains This Week

Kraft Foods

While Kraft Foods (KFT) isn't a retailer, as the largest consumer food and beverage company in North America, Kraft has significant retail presence. And right now, an "if/then trade" setup in shares is providing a solid breakout trade opportunity for investors.

Put simply, an if/then trade happens when a stock is trading in a well-defined horizontal range. It's a setup whose direction is contingent on the direction of the breakout from the range. So in Kraft's case, if shares break out above resistance (just below $36), then it becomes a buy. If shares break down below support (at $32.50), then Kraft becomes a short candidate.

Normally, if/then trades don't have any directional bias when they're in the channel. In Kraft's case, though, 14-day RSI (a momentum indicator) is posting a positive divergence from price, hinting at upside bias. Since momentum is a leading indicator, that's a good indication of a breakout to the upside, particularly with shares right under that resistance level right now.

That doesn't mean that it makes sense to buy Kraft right now -- wait for the breakout to $36 before taking a position in this stock.

Kraft, one of TheStreet Ratings' top-rated food stocks, remains one of Warren Buffett's top stocks as of the most recent period.

4 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
GES $19.04 -0.57%
GIS $53.90 0.30%
NKE $99.42 0.43%
SLG $128.07 -0.94%
AAPL $124.29 0.74%


DOW 17,721.47 +2.93 0.02%
S&P 500 2,057.20 -3.85 -0.19%
NASDAQ 4,863.7890 -12.73 -0.26%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs