Plus how CRM and AAL stack up⦠Published By Money & Markets, LLC. June 01, 2024 Published By Money & Markets, LLC. June 01, 2024 [Turn Your Images On] A Stark Ratings Contrast for 2 Retail Stocks Editor's Note: Every week, you watch stocks from industries across the board pop (or drop), but you may wonder if it's time to buy in. That's what today's Money & Markets Daily is all about. We'll show you some of the week's biggest movers and then run them through Adam O'Dell's proprietary Green Zone Power Ratings to see how they stack up. - Salesforce Inc. (NYSE: CRM): Shares of the cloud-based customer management software company tanked 20% on Thursday after it projected slower sales ahead. Salesforce expects to report its first quarter of single-digit revenue growth for the first time in almost two decades. The stock rates ["Neutral"]( in Green Zone Power Ratings, which means it's expected to track the broader market from here. - American Airlines (NYSE: AAL): If you need more proof as to why AAL rates ["High-Risk"]( in our system, the company provided it this week. It slashed future guidance just one month after saying things were looking good for the current quarter. Shares are now 17% lower than where they were at Tuesday's open. For more on how summer travel stocks rate in Green Zone Power Ratings, check out Chad Stone's recent piece [here](. - Foot Locker Inc. (NYSE: FL): Sales declined by 1.8% in Foot Locker's fiscal first quarter, but analysts expected a much worse decline of around 3.1%. The news sparked a rush into FL stock as investors bet on a strong turnaround for this struggling retailer. Shares of FL stock, which still rates ["High-Risk,"]( closed 15% higher on Thursday. - Kohl's Corp. (NYSE: KSS): Not all retailers got the benefit of an earnings bump this week⦠Shares of the big box apparel store crashed more than 20% on Thursday after it surprised analysts with negative 24 cents earnings per share. KSS rates ["Bullish"]( for now, but this is not a good sign for its status in Green Zone Power Ratings going forward⦠â The Money & Markets team --------------------------------------------------------------- Top Research From the Last Week [Turn Your Images On]( [NVDAâs Ratings Journey: How AI Triggered Its 6X Run]( [Turn Your Images On]( [10X the Market With This âOverlookedâ Sector]( [Turn Your Images On]( [Follow the Big Money Into Big Tech?]( [Turn Your Images On]( [Isaac Newton and the Power of FOMO]( ---------------------------------------------------------------
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