This Day On The Street
Continue to site right-arrow
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
TheStreet Open House

Discount Retailers, From Leaders to Laggards

Stocks in this article: COST WMT FDO TGT TJX

Big Lots Inc (BIG) ($27.65): Set a multi-year high at $47.22 on March 27. BIG has an oversold weekly chart profile needing a weekly close above its five-week modified moving average at $28.75 to gain upward momentum. The stock is close to its 52-week low with my monthly value level at $23.68 with a weekly pivot at $27.13 and semiannual risky level at $30.88.

Costco Wholesale (COST - Get Report) ($97.72 vs. $102.58 on Nov. 29): Set an all-time high at $105.97 on Dec. 5. The weekly chart shifts to neutral on a close this week below its five-week MMA at $98.32. My annual value level is $89.71 with a weekly pivot at $97.55 and a monthly risky level at $102.54.

Dollar General (DG) ($44.39 vs. $49.58 on Nov. 29): Set an all-time high at $56.04 on July 7. The weekly chart profile is negative with the five-week MMA at $47.82. My semiannual value level is $39.16 with my weekly pivot at $46.59 and semiannual risky level at $53.23.

Dollar Tree (DLTR) ($38.65 vs. $41.42 on Nov. 29): Set an all-time high at $56.81 on June 20. The weekly chart is negative with the five-week MMA at $40.80. My weekly pivot is $38.57 with my semiannual risky level at $43.02.

Family Dollar (FDO - Get Report) ($66.48 vs. $68.52 on Oct. 17): Set an all-time high at $74.73 on June 14. The weekly chart shifts to negative on a close this week below the five-week MMA at $67.99. My semiannual value level is $62.16 with this week's risky level at $69.82.

Ross Stores (ROST) ($54.41): Set an all-time high at $70.82 on Aug. 20. The weekly chart is oversold with the five-week MMA at $57.25. My annual value level is $50.77 with a weekly pivot at $52.18 and the 50-day SMA at $58.93.

Target (TGT - Get Report) ($60.54): Set a multi-year high at $65.80 on Sept. 21 with the 200-day simple moving average at $60.33, which is a key support. The weekly chart remains negative with the five-week MMA at $62.48. My quarterly value level is $57.83 with my annual risky level at $63.69.

Richard Suttmeier has an engineering degree from Georgia Tech and a master of science from Brooklyn Poly. He began his career in the financial services industry in 1972 trading U.S. Treasury securities in the primary dealer community. In 1981 he formed the Government Bond Department at LF Rothschild and helped establish that firm as a primary dealer in 1986. Richard began writing market research in 1984 and held positions as market strategist at firms such as Smith Barney, William R Hough, Joseph Stevens, and Rightside Advisors. He joined www.ValuEngine.com in 2008 producing newsletters covering the U.S. capital markets, and a universe of more than 7,000 stocks. Richard employs a "buy and trade" investment strategy and can be reached at RSuttmeier@Gmail.com.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link 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

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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!

Markets

DOW 17,678.70 +6.10 0.03%
S&P 500 2,057.09 +5.27 0.26%
NASDAQ 4,771.7630 +13.8840 0.29%

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