A Stark Ratings Contrast for 2 Retail Stocks

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… — The Money & Markets team --------------------------------------------------------------- Top Research From the Last Week [Turn Your Images On]( [NVDA’s Ratings Journey: How AI Triggered Its 6X Run]( [Turn Your Images On]( [10X the Market With This “Overlooked” Sector]( [Turn Your Images On]( [Follow the Big Money Into Big Tech?]( [Turn Your Images On]( [Isaac Newton and the Power of FOMO]( --------------------------------------------------------------- [Turn Your Images On]( Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: [( Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets permits editors of a publication to recommend a security to subscribers that they own themselves. However, in no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. Any exit after a buy recommendation is made and prior to issuing a sell notification is forbidden. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. (c) 2024 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471) Remove your email from this list: [Click here to Unsubscribe]( Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: [( Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets permits editors of a publication to recommend a security to subscribers that they own themselves. However, in no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. Any exit after a buy recommendation is made and prior to issuing a sell notification is forbidden. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. (c) 2024 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471) Remove your email from this list: [Click here to Unsubscribe](