Tuesday Morning and Five Below may not be known for their door-buster deals, but they are two retailers with attractive charts.
Jonathan Heller says he can't get excited about Tuesday Morning's prospects despite the company's efforts to cut costs and turn things around.
It's hard to get excited about Tuesday Morning despite its efforts to improve its results.
Investors in Tuesday Morning Corp saw new options begin trading this week, for the November 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the TUES options chain for the new November 17th contracts and identified the following put contract of particular interest.
The discount retailer's shares are up 15% after two insurgent funds announced they are seeking to replace the discount retailer's CEO, who himself had previously been an activist hedge fund manager at Becker Drapkin Management.
As Foot Locker and Vera Bradley have shown, a solid balance sheet offers no assurance of keeping a stock price from sagging.
The most recent short interest data was recently released for the 04/13/2017 settlement date, and Tuesday Morning Corp. is one of the most shorted stocks of the Russell 3000, based on 22.25 "days to cover" versus the median component at 5.14.
The eclectic retailer is struggling like so many other bricks-and-mortar merchants, and the margin of safety for an investment isn't there for me.
Insiders at these companies have been scooping up shares in their own organizations lately.
The most recent short interest data was recently released for the 01/13/2017 settlement date, and Tuesday Morning Corp. is one of the most shorted stocks of the Russell 3000, based on 13.98 "days to cover" versus the median component at 5.04.
Investors in Tuesday Morning Corp. saw new options begin trading this week, for the September 15th expiration.
Issues Preliminary Sales Results for the Second Quarter of Fiscal 2017
Investors in Tuesday Morning Corp. saw new options begin trading this week, for the February 2017 expiration.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tuesday Morning Corp. , where a total volume of 2,150 contracts has been traded thus far today, a contract volume which is representative of approximately 215,000 underlying shares (given that every 1 contract represents 100 underlying shares).
Insider buying is part of what makes both stocks potential additions to our portfolio.
The most recent short interest data was recently released for the 10/14/2016 settlement date, and Tuesday Morning Corp. is one of the most shorted stocks of the Russell 3000, based on 28.50 "days to cover" versus the median component at 6.24.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,300 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: ABEV, ARLP, BHI, CYTK, MET, MGI, OSB, PBFX, SGEN, SPKE Downgrades: APO, CBL, CTS, FORM, ILG, NKSH, SPCB, TRS, TUES Initiations: CSWI Read on to get TheStreet Quant Ratings' detailed report:
