Heading into Black Friday, these retailer stocks present bargains for investors, the “Fast Money” pros said Wednesday on CNBC.
Take a look at some of Friday's midday movers:
Bed Bath & Beyond is up 41 percent over the past 12 months. But shares tumbled more than 15 percent on Thursday following a weaker-than-expected profit outlook for the current quarter. Is this a minor hiccup or a long-term setback for the home furnishing store?
Cramer makes the call on viewers' favorite stocks.
Facing the weakest holiday season in nearly two decades, retailers and the vendors who keep their shelves stocked are walking a fine line between helping each other stay afloat and protecting their profits.
For the week ending Friday, June 27, 2008, the U.S Markets tumbled on low consumer confidence levels, battered financial stocks, interest rates concerns, and new record prices for crude oil.
Home furnishings retailer Pier 1 Imports reported a quarterly loss on Thursday as store closures and lower traffic in March and April hurt sales.
Cost Plus rejected Pier 1 Imports offer to acquire the furnishings retailer in a stock deal, saying Monday that the bid was "ill-timed."
For the week ending Friday, June 13, 2008, the markets were mixed on varied economic news, renewed credit concerns from Lehman and the financial sector, and of course, oil. A surprise increase in retail sales gave hope for economic growth and a rising CPI suggested a potential rate move on the horizon that could strengthen the dollar and begin to tame inflation.