|Day Low/High||130.00 / 132.80|
|52 Wk Low/High||86.57 / 148.22|
The discount retailer's second-quarter earnings exceeded expectations. The CEO cited "continued strong results from new stores."
Q2 net sales increased 20% to $417.4 million Q2 EPS increased 13% to $0.
Buy Five Below on weakness to its annual value level at $102.02 or reduce holdings on a weekly close below $117.14. The reason for this strategy is that daily and weekly charts show mixed technicals.
U.S. stock futures turn lower as investors deal with recession worries and uneasiness over the ongoing trade war between the U.S. and China; Tiffany, Five Below and Okta report earnings; Purdue Pharma is prepared to settle more than 2,000 opioid-related lawsuits for $10 billion to $12 billion, according to reports.
Five Below revenue expected to rise 21.1% to $421.1 million.
These 3 stocks have little overseas exposure and could benefit from dollar strength.
The discount retailer is showing several sell signals into earnings this week.
U.S. stock futures jump on Monday after Donald Trump says China contacted U.S. officials on Sunday and said 'let's get back to the table'; durable goods orders for July will be released Monday; Walt Disney and Target to create 'shop-in-shop' Disney stores at 25 Target locations.
PHILADELPHIA, PA, Aug. 15, 2019 (GLOBE NEWSWIRE) -- Five Below, Inc.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Five Below Inc , where a total volume of 11,729 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 126.6% of FIVE's average daily trading volume over the past month, of 926,755 shares.
Although risks will continue to exist in the retail space, Five Below looks like a high quality, fast-growing company whose stock appears too cheap to ignore.
We think Burlington Stores and its off-price model should be able to navigate this tariff environment.
We are closing out Dow Inc., initiating a position in Burlington Stores, and selling some Lam Research.
Jim discusses this morning's exit of Five Below, a big analyst upgrade in Lam Research, and provides a look into what to expect from this week's slew of earnings releases.
We will cash out of our small position in Five Below for a gain and switch our retail focus to another name.
Markets surge to new records as Fed Chairman Jerome Powell signals rate cuts are likely.
Jeff discusses the latest trade headlines, the semiconductor stocks, and more, ahead of tonight's Democratic debate.
With years of growth ahead for the company, and with the stock trading well off of its highs, now might be the time to take a look at Five Below.
Stocks log gains for week on Fed rate-cut hopes and possible easing of U.S. trade tensions with China.
A quiet week offered a chance to get ready for volatility around the FOMC meeting and G-20 summit later this month.
Investors need look at what Jim calls Wall Street's '3 M's' -- the macro, the micro and the mechanics.
Jim discusses this morning's job number and his interview with White House Council of Economic Advisers Kevin Hassett, Five Below's quarter from the other night, and much more!
Sign up to get started or log in to see your watchlist.
Enter a symbol above to add it to your watchlist.
A confirmation email has been sent to the address provided during registration. Please click on the appropriate link to confirm your email address.