This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows we have recently seen. Today, let’s discuss the retail sector.   We are also including two food companies that have suffered along with the rest of the retail sector. Today’...

There are an extremely small number of companies which are likely to do relatively well during the recession, either because they are the market share leaders in their industries by a wide margin, or they are in businesses which sell products and services which are a necessary part of everyday life....

Yesterday was perfect! We got our test of 8,200, which held, then we broke through 8,400, tested it, held a higher low and then went through it to make our goal at 8,600. Of course, these are moves that used to take a week but we're getting used to the violent, intra-day nature in the market. In fac...

Filed under: Products and services, Launches, Consumer experience, Competitive strategy, Marketing and advertising, Penney (J.C.) (JCP) Like most retailers, J.C. Penney (NYSE: JCP) is struggling. Its stock is more than 50% off its 52-week high and the company recently announced it intends to slow it...

Filed under: Consumer experience, Competitive strategy, Best Buy (BBY) I've been known to harp on consumer retailer Best Buy, Inc. (NYSE: BBY) from time to time here. The retailer just gets it in most cases -- from the consumer experience to merchandising decisions to customer service. While fellow ...

Filed under: Home Depot (HD), Netflix, Inc. (NFLX), Citigroup Inc. (C), Target Corp. (TGT) The markets saw a hard day, and you can thank oil and the Fed if you were bullish this morning. Oil magnate T. Boone Pickens issued a $150 oil prediction for 2008, and oil went over $129 for the first time tod...

Filed under: Industry, Wal-Mart (WMT), Target Corp. (TGT), Penney (J.C.) (JCP), Costco Wholesale (COST), Economic data, Liz Claiborne (LIZ) In economics, inferior goods are defined as goods that are less in demand as consumers get richer but more in demand as consumers get poorer -- which of course ...

Filed under: Good news, Wal-Mart (WMT) The cognitive dissonance confronting people who hate Wal-Mart (NYSE: WMT) but lament the cost of prescription drugs is growing stronger. In a press release on Monday, the retailer announced that "Beginning today, Wal-Mart, Neighborhood Market and Sam's Club pha...

Filed under: Earnings reports, Consumer experience, Target Corp. (TGT), Recession Target Corp. (NYSE: TGT) said this week that it wrote off 8.1% of its internal credit card loans in March. In case you haven't heard, consumers are grappling with record gas prices, rising food prices and the worst hou...

Filed under: Wal-Mart (WMT), Walt Disney (DIS), Target Corp. (TGT), Best Buy (BBY) I read an interesting article on tax rebates and vacation spending. A lot of theories are floating around concerning the exact stimulative effect President Bush's $168 billion program will have on the ailing economy. ...