Driving the retail plunge was a combination of a lower-than-expected GDP number and concerns over President Trump’s aggressive proposed trade policies. Specifically, investors are starting to worry that a possible Mexico border tax will drive up the cost of imported merchandise and put heavy pressure on margins. Of course, if Trump and Mexican President Pena Nieto can figure out a way to not hammer the $584.0 billion in trade between the two border nations, the wounded retail sector might be offering investors with some attractive income opportunities. With that in mind, let’s take a look at seven dividend retail stocks that look particularly intriguing. As always, none of the companies on this list should be considered formal recommendations, but rather as suggestions for further research...
Guess?, Inc. (NYSE:GES) stock fell 2.5% on Friday and is now down a depressing 30% over the past year. The one-time fashion icon has been struggling to stay relevant in an increasingly intense fashion space, and its fundamentals are suffering because of it. Gap Inc (NYSE:GPS) stock was hit especially hard amid the Trump trade fears, falling by more than five percent on Friday. Much like rival Guess, Gap has experienced deteriorating financials over the past few years amid fickle consumer spending and fashion trends. Macy’s Inc (NYSE:M) stock sank 2.7% on Friday, extending its poor performance in January. Early in the month, M stock plunged 14% in a single day after the department store operator posted disappointing holiday sales and issued a weak full-year forecast. Much like fellow department store Macy’s, Nordstrom, Inc. (NYSE:JWN) has been feeling intense competitive pressure of late. Target Corporation (NYSE:TGT) stock wasn’t hit as hard as many of its retail counterparts on Friday, falling just 0.7%. Wal-Mart Stores Inc (NYSE:WMT) slipped 1.6% on heavy volume and is now off about 10% over the past six months. Finally, we have Costco Wholesale Corporation (NASDAQ:COST) stock, which declined 1.2% on Friday.
Source: Income Investors
Related Articles:
- 3 High-Yield Dividend Achievers With 25 Years of Increases
- 17 Investments That Pay Monthly Dividends
- 5 Dividend Stocks To Build Your Future Security
- 7 Dividend Stocks With A Low Payout Ratio
- 5 Dividend Stocks Beating the S&P With Positive Returns In Excess of 50% YTD
7 Enticing Dividend Stocks That Got Tripped by Trump
Posted by D4L | Thursday, February 16, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Dividend Growth Stocks News
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
Dividends can be a tremendously powerful part of your investing strategy. Not only can they give you a continuing source of cash to reinvest...
-
The most dependable dividend stocks typically have a long track record of sustaining payouts through different market cycles. Companies with...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
As the broader stock rally broadens to some of the more “boring” corners of the market, it’s the higher-yielding dividend plays that could s...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.