Retail Earnings at the Mall
Retailers reporting earnings results after the close Thursday:
Gap (GPS) ($33.69): Has a buy rating with a reasonable P/E and is above its 200-day SMA at $29.45. The stock set a multi-year high at $37.85 on Oct. 5. The stock has a negative weekly chart profile with the five-week MMA at $34.78 and the 200-week SMA at $21.34.
Retailers reporting earnings results pre-market Friday.
Foot Locker (FL) ($32.62): Has a buy rating with a reasonable P/E and is above its 200-day SMA at $31.94. The stock set a multi-year high at $37.65 on Sept. 21. The stock has a negative weekly chart profile with the five-week MMA at $33.98 and the 200-week SMA is $19.23.Hibbett Sports (HIBB) ($54.33): Has a buy rating with an elevated P/E and is below its 200-day SMA at $56.25. The stock set a multi-year high at $63.39 on Aug. 8. The stock has a negative weekly chart profile with the five-week MMA at $55.72 and the 200-week SMA is $34.00. At the time of publication the author held no positions in any of the stocks mentioned. Follow @Suttmeier This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
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