Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Wall Street continues its strong performance in 2024, building on its success from the previous year. So far this year, the benchmark S&P 500 index has risen more than 5%. The main reasons for this upward trend include expectations of interest rate cuts by the Fed, better-than-expected earnings in the fourth quarter of 2023 and significant growth in artificial intelligence (AI) technology globally.Additionally, the U.S. economy remains robust, with the Department of Commerce reporting a growth rate of 3.3% ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...

For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. American Eagle Outfitters (AEO) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.American Eagle Outfitters is a member of our Retail-Wh ...

American Eagle Outfitters, Inc. (AEO) stock is well-poised to tap the positive trends in the fashion arena, thanks to its digital endeavors and other robust strategies, including the Real Power Real Growth Plan. The company is gaining from brand strength and solid demand for its products that resonate well with customers.Undoubtedly, management is focused on creating a trend-right merchandise assortment, deepening relations with customers via marketing, enhancing the digital commerce agenda and efficiently ...

Investors interested in stocks from the Retail - Apparel and Shoes sector have probably already heard of American Eagle Outfitters (AEO) and Kering SA (PPRUY) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong ...

As investors eagerly await the upcoming earnings releases, the performance of key players within the Retail-Wholesale sector holds the potential to significantly influence market sentiment in the weeks ahead. This reporting cycle offers a peek into the sector's performance, indicating a likely uptick in both sales and earnings. These outcomes are expected to be shaped by prevailing consumer sentiments, spending trends and the ongoing challenge of input costs.Key Influencing FactorsThe industry's prospects a ...

PITTSBURGH--(BUSINESS WIRE)--American Eagle Outfitters (NYSE: AEO) will report its fourth quarter and full-year fiscal 2023 results and unveil its new long-term strategy on Thursday, March 7th, 2024. The company will issue press releases in the morning. This will be followed by a webcast discussion of its financial results and long-term strategy and financial plan at 11:00 a.m., Eastern Time. The event will feature a presentation and a question-and-answer session with members of the company’s leadership te ...

The U.S. economy remains resilient even though the interest rate is currently at its 22-year high. The Fed is yet to give any information on the date of its first rate cut. On the contrary, in its January FOMC meeting, the central bank gave a clear indication that a much-hyped interest rate cut in March is out of sight.Despite a tough scenario, the labor market remains resilient, the services PMI (Purchasing Managers’ Index) is expanding gradually and the manufacturing PMI has shown signs of improvement. Mo ...

The U.S. economy added 353,000 for the month, much better than the Dow Jones estimate for 185,000 (as quoted on CNBC), the Labor Department’s Bureau of Labor Statistics reported Friday. The unemployment rate held at 3.7%, against the estimate for 3.8%.Wage growth also showed strength, as average hourly earnings increased 0.6%, double the monthly estimate. On a year-over-year basis, wages inched up 4.5%, well above the 4.1% forecast. The wage gains came amid a decline in average hours worked, down to 34.1, o ...