This Day On The Street
Continue to site
ADVERTISEMENT
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

10 Stocks Set to Benefit From Gay Marriage

Mens Wearhouse (MW - Get Report) trades an average of 585,000 shares per day and has a market cap of $1.8 billion. The Mens Wearhouse, with its subsidiaries, operates as a specialty apparel retailer, renting tuxedos and other apparel. The company is performing well with annual revenue and net profits climbing. It reports earnings June 6, and Wall Street is expecting results within 54 cents and 58 cents per share. The mean earnings number of 55 cents places the price-to-earnings multiple at a relatively low 11.6. MW has beat estimates in the last four quarters.

Looking at the chart from a technical analyst's point of view, MW has rising 90-day and 200-day moving averages. The current price broke below the 90-day moving average, bouncing off support at $35. It appears the 90-day moving average resistance is about to be tested. A breakthrough above will signal a bullish trend continuation.

Martha Stewart Living Omnimedia (MSO) shares trade an average of 146,000 per day, and the company has a market cap of $231 Million. While investments in MSO have been put in jail, with shares trading near 52-week lows, MSO's position in lifestyle ideas for home, weddings and celebrations makes it an ideal candidate to take advantage of increasing weddings.

Short interest is high, with more than 8% of the float short. Expectations are low, making MSO a long shot that investors may want to keep on the radar if wedding numbers increase.

Shutterfly (SFLY - Get Report) provides an Internet-based publishing service that enables consumers to share, print and preserve their digital photos. Shutterfly trades an average of 1.5 million shares per day and has a market cap of $845 million. A 24% short interest sums up the situation of how the smart money views Shutterfly. Shorts were rewarded from a 56% decline in price from a year ago.

Shutterfly has beaten estimates in the past four out of four quarters, although only one quarter was profitable. For the current quarter, the mean estimate is for another loss of 35 cents per share. Maybe what Shutterfly actually needs is gay marriage for what is missing in their life?
Author does not hold a position in any stock mentioned.
3 of 3

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
Only $9.95
14-Days Free
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
SYM TRADE IT LAST %CHG
NILE $30.47 -1.23%
MW $59.34 -1.90%
SFLY $45.70 -0.54%
UNTD $14.16 -3.34%
XOXO $15.00 -1.77%

Markets

Chart of I:DJI
DOW 17,751.39 +121.12 0.69%
S&P 500 2,108.57 +15.32 0.73%
NASDAQ 5,111.7330 +22.5270 0.44%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs