Discount Store Ross Stores (ROST) Has a Discounted Stock Too
Ross Stores (ROST) stock is down-and-out due to higher wage, freight, and COVID expenses. But this is a big bounce-back candidate.
Ross Stores (ROST) stock is down-and-out due to higher wage, freight, and COVID expenses. But this is a big bounce-back candidate.
Domino’s Pizza (DPZ) is having trouble hiring drivers, and that’s taking a toll on sales & profits. 2022 looks like a tough year.
TJX (TJX) has higher expenses for labor & freight, which brought down the stock. But now, TJX is a good value with a P/E of 19.
Fortinet (FTNT) helped Ukraine with its cybersecurity during its crisis with Russia. But FTNT stock is acting rather weak here.
Cleaning chemical company Ecolab (ECL) is seeing high inflation in raw materials and freight costs, and that’s hurting profits.
Higher labor and raw material costs have hurt Amazon’s (AMZN) profits. So I sold all shares in client accounts. Here’s the thesis:
Waste Management (WM) delivered a solid qtr as the amount of trash the company dealt with rose while prices increased.
Pool Corp (POOL) is actually benefiting from higher inflation, as its stockpiled pool supplies that are being sold at higher prices.
Higher government defense spending will likely help efense contractor Lockheed Martin (LMT), maker of the F-35 fighter.
Facebook’s (FB) has problems Apple’s privacy protection limiting data, and FB’s metaverse might not become a catalyst.
Walt Disney (DIS) achieved 100% revenue growth in its Parks, Experiences and Products segment as COVID restrictions died down.
Fiserv (FISV) seems like a real value in the stock market, as its growing profits ~16% while the stock has a P/E of only 15.