BBBY-Bed Bath And Beyond Earnings Report | Stocks to Trade 6-22-17

Bed Bath and Beyond BBBY

Bed Bath and Beyond BBBY Scheduled to Report Earnings Today

Bed Bath & Beyond Inc. (BBBY) Stock Earnings Show Challenges Ahead

At this point, if Bed Bath & Beyond Inc. (NASDAQ:BBBY) stock isn’t a buy, then perhaps no brick-and-mortar retailer is. Management is clearly aware of the pressures of e-commerce, and adapting in response.

Online comparable sales rose 20%-plus last year. BBBY stock trades at less than eight times earnings, with revenue and profits holding up reasonably well.

The nature of Bed Bath’s business and the need to see — and feel — its products would seem to protect it somewhat from competition from Amazon.com, Inc. (NASDAQ:AMZN), Wayfair Inc (NYSE:W) and other online retailers.

investorplace.com/bbby

Bed Bath & Beyond Inc. (BBBY) Scheduled to Post Quarterly Earnings on Thursday

Bed Bath & Beyond Inc. (NASDAQ:BBBY) is set to announce its earnings results after the market closes on Thursday, June 22nd. Analysts expect the company to announce earnings of $0.66 per share for the quarter.

Bed Bath & Beyond (NASDAQ:BBBY) last announced its earnings results on Wednesday, April 5th. The retailer reported $1.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.77 by $0.07.

thestockobserver.com/bbby

What to Look for in Bed Bath & Beyond’s Earnings Report

On today’s “The Numbers Don’t Lie,” Bloomberg’s Julia Chatterley takes a look at Bed Bath & Beyond Inc. ahead of earnings. She speaks on “What’d You Miss?” (Source: Bloomberg)

bloomberg.com/news

BBBY-Bed Bath and Beyond 6-22-17 Before Earnings

BBBY-Bed Bath and Beyond 6-22-17 Before Earnings

Thrive Leads Shortcode could not be rendered, please check it in Thrive Leads Section!

On the Tape Today | 6-22-17

WDC-Western Digital 6-22-17

WDC-Western Digital 6-22-17

WDC-Western Digital traded into a solid bullish day that also shows relative strength to the general stock market. Game planning a new long and looking for a breakout over $92. Might have to wait another day for the new swing trade to trigger, but it's the correct play. No reason to get long into resistance. Target on the new long if filled comes in at an even $100.

 VISIT THE PODCAST ARCHIVE == >>

SPY ETF 60 Minute Chart 6-22-17

SPY ETF 60 Minute Chart 6-22-17

The stock specific market continues to be the correct game plan. Something interesting is the amount of stocks trading at double normal volume. This implies distribution in these uptrending stocks. Distribution days, but the bullish order flow remains intact.

The three major indices are mixed, yet there are sectors such as oil & gas, financials, technology and healthcare. Most of us like to trade a universe of the same stocks. You can get a feel for the stocks, how they trade and you get comfortable with accepting risk.

This stock market continues to force you out of your comfort zone. To make money in 2017, you need to expand your list. Be a professional and go where the price action is.

I know this sounds obvious but most traders have favorites. If you’re not willing to adapt, you will have a tough time earning a consistent monthly income. Scroll down and make your choice from both the momentum and order flow lists.

Stock Market Today: 

stocks performance 6-22-17

stocks performance 6-22-17

Stocks to Trade | 6-22-17 Thursday Edition

SHORT-TERM MOMENTUM

Bullish Momentum: VRTX, CELG, EXAS, MNK, ALXN, BABA, WDC, AMGN, SHOP, AGN, EXEL

Bearish Momentum: SLCA, NFX, APA, CLR, DVN, RSPP, NOV, HES, EQT, CC, HAL, MPC, KMX

ORDER FLOW

Bullish Order Flow: VRTX, CELG, ALXN, ADBE, NVDA, LUV, TSLA, AMZN, UNH, ATVI, JNJ, BA, AET, UTX, MDT, KVS, C,

MCD, HON, HD, LEN

Bearish Order Flow: slca, fl, nfx, apa, clr, dvn, rspp, hes, eqt, hal, trgp, tsco, rost, dltr, tjx, trip

Double Normal Volume: YHOO, BABA, RICE, KR, CELG, FL, KMX, EQT, ADBE, HDS, EXEL, ROST, CLR, DKS, TRGP, HOG

Inside Day: msft, ebay, sbux, atvi, dal, lly, aal, cost, tmus, mgm, amzn, utx, axp, twlo, ddd, kors

Become a Better Trader. Get Notified.

About the Author

Leave a Reply 0 comments

Leave a Reply: