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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

5 Retail Stocks to Trade for Gains This Week

General Mills

General Mills (GIS - Get Report) is another food company that has massive retail exposure -- $10.25 billion annually to be precise. And right now, this stock is approaching a significant breakout level.

$40 has acted as a price barrier to General Mills for the last several months, pushing shares lower on its most recent test of that price level in early October. In the real world, resistance levels like that $40 price in GIS occur when there's a glut of supply of shares sitting above a set price. As buyers bid shares up to $40, their bids get completely absorbed by that excess of supply, and the stock reverses lower from that liquidation of increasingly eager sellers.

>>5 Stocks Setting Up to Break Out

But supply and demand are dynamic -- they change -- and a breakout above $40 tells us that buyers have overcome selling pressure at that price level, opening up room for shares to run higher. Clearly, then, we want to be buyers of GIS after shares have surmounted $40.

General Mills, one of the top-yielding food and beverage stocks, is one of the top holdings of Mairs & Power.

5 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 $17.63 -1.70%
GIS $53.08 -0.75%
NKE $97.43 -0.55%
SLG $127.15 -0.75%
AAPL $129.22 -0.11%


DOW 18,082.37 -121.00 -0.66%
S&P 500 2,092.15 -15.63 -0.74%
NASDAQ 4,953.24 -26.6610 -0.54%

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