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
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Utility stocks have been relatively volatile in the recent past. However, most utility stocks have a low beta and have a stable cash flow vi...
-
Many investors search for safe, dividend-paying stocks. As John D. Rockefeller once said: "Do you know the only thing that gives me ple...
-
With interest rates near zero, many investors are turning to dividend stocks for income. And for some investors, the higher the yield, the b...
-
Dividend stocks have fallen out of fashion during the pandemic. With interest rates at rock-bottom levels, investors have fled from assets l...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
The rollout of fifth-generation network services, also known as 5G, enhances the appeal of each of these three dividend-paying, 5G technolog...
-
With interest rates stuck below 1%, finding income in today's market can be difficult. Therefore it makes sense for income investors to ...
-
Energy Transfer (NYSE:ET) pays a monster cash distribution. Given the big slide in its unit price, -- they're down more than 50% in the ...
-
These stocks have superior fundamentals that make dividend growth a quality and promising investment for the long term. These include a sust...
-
Unfortunately, some investors that are new to dividend stocks end up chasing the highest yield stocks they can find and end up getting burne...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.