After pricing at $20 — higher than the expected $17-19 range — Michael Kors shares debuted with a 25 percent pop. This was certainly no Prada IPO. Investors are betting that KORS has a long runway ahead.
Investment managers have herded Americans into dividend-paying stocks and Treasurys as Europe's debt crisis grips the world. Mark Schultz, in contrast, says now's the time to take advantage of the low prices of companies with plenty of room to grow.
Holiday sales have been a bright spot in an otherwise depressing economy. That means some stocks may outperform others when the final tally is registered at the end of this month.
In what should be the strongest quarter for retailers, jewelry seller Tiffanys falls short.
Luxury retailer's guidance could spell trouble for sector, but all high-end retail stocks are not created the same, Fast Money pros said.
The Dow Jones Industrial Average has historically given investors something to be thankful for during the Thanksgiving week: money. Buying into what is known as the Thanksgiving Rally could earn you profits that make up for Black Friday shopping, according to TheStreet.
Top Citi analyst Deb Wienswig says this retailer should definitely be on your radar as the holiday shopping season gets into full swing.
Morgan Stanley just downgraded shares of Coach, Nordstrom and Tiffany’s to Equal Weight from Overweight. Should you re-think being a retail bull?
Can they make it? Amid reports of intense disagreements, European Union leaders are now out of time for their EU Summit meeting tomorrow, after which German Chancellor Angela Merkel said they would present a coherent plan for dealing with the euro zone crisis. There were reports that began surfacing yesterday that disagreements were so intense it was possible it could be put off again. The EU Finance Ministers meeting scheduled for Wednesday has reportedly been postponed.
”The consumer is still spending and orders from department stores are quite solid so I think overall it bodes well for the holiday season," says analyst Kimberly Greenberger.
Should names like Nordstrom, Tiffany and Coach be on your buy list?
Cramer and his researcher, Nicole Urken, discuss why you need to stay focused on dividend stocks in this market.
The “Mad Money” host explains why he thinks the weakness in China isn’t going away.
Get the latest tech, retail and other trades from the Fast gang. How are the pros gaming this unpredictable market?
Stocks erased a strong rally but still finished off their worst levels Thursday in thin, choppy trading as the Dow and S&P rebounded from afternoon lows.
Even as inflation eats into overall consumer confidence, women in China continue to spend on luxury goods.
JP Morgan’s Thomas Lee points out that 53% of stocks have a P/E ratio of less than 12. That’s the lowest level since 2008. Should you just go for it and buy?
It is not just New York’s big shopping night out. London is buzzing today in anticipation of late night shopping combined with champagne, give-aways and celebrity sightings.
The "Mad Money" host explains why these diametrically opposed rallies both worked Wednesday.
Here's why you should keep a close eye on these six stocks.