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David Sharek

David Sharek is stock portfolio manager and CEO of DavidSharek.com. David believes a company's profits ultimately drive the price of its stock. His book The School of Hard Stocks can be found on Amazon.com.

Is Costco This High Because Retail Stocks Are Hot?

Shares of Costco (COST) have soared from $150 to $225 in the last year. Is COST so high because retail stocks are hot?

Ollie’s is Really Excited About Toy Buyouts

Ollie's Bargain Outlet (OLLI) is really excited about its toy buyouts, as Toys-R-Us going out of business helps get inventory -- and locations.

Workday Lowers Estimates, Cites Currency and Acquisitions

Workday (WDAY) had 2018 profit estimates slashed from $1.26 to $1.08, citing currency exchange and acquisitions as the issues. Still, the stock holds its own.

Ulta Salon Hovering Around its 52-Week High

The stock market is in a correction, which is normally bad for stocks. Still, Ulta Beauty (ULTA) is up on the year, and is hovering around its 52-week high, which is a sign of strength.

Toys-R-Us Departure Leads to Gains for Five Below

Toys-R-Us' bankruptcy leaves $6 billion in annual toy sales to be scooped up by other retailers, with Five Below (FIVE) getting a chunk.

Nike Beats the Street and Lowers Guidance Again

Nike (NKE) has this bad habit of beating qtrly profit estimates, then lowering next qtr's estimate. I'm not a fan of that strategy.

Dollar General Grew Profits 38% Last Quarter

Dollar General (DG) grew profits 38% last qtr, with the help from a lower tax rate and easy comparisons. DG isn't a bad buy with a 17 P/E.

Update: Buying GrubHub Well Off its Highs

Today I will be buying into GrubHub (GRUB) well off its highs as Eat24, KFC and Taco Bell are fueling growth now and in the future.

Ross Stores Raises its Long-Term Store Potential

Ross Stores (ROST) management just raised its long-term projected store potential from 2,500 locations to 3,000.

TJ Maxx Can’t Stop, Won’t Stop

TJX (TJX) -- parent of TJ Maxx and Marshalls -- is having a profit party, and the stock can't stop won't stop. Even in this crappy market.

The Next BIG Thing in Retail

I’ve got a lot of great ideas for what just might be the next BIG thing in retail. You can learn more about each stock here.

TD’s American & Canadian Businesses Are Doing Well

TD Bank (TD) is benefiting from a good economic backdrop -- both in the United States and Canada. I like TD's 11 P/E and high yield.