x

RSS Newsfeeds

See all RSS Newsfeeds

Global Regions

United States ( XML Feed )

Oct 26, 2017 7:50 AM ET

Breakfast Technical Briefing on Specialty Retail Stocks — Michaels Cos., Office Depot, Tractor Supply, and ZAGG Inc.

Disclosure NewswireTM

iCrowdNewswire - Oct 26, 2017

NEW YORK —

 

If you want a Stock Review on MIK, ODP, TSCO, or ZAGG then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. DailyStockTracker.com has redirected investors’ attention to The Michaels Cos. Inc. (NASDAQ: MIK), Office Depot Inc. (NASDAQ: ODP), Tractor Supply Co. (NASDAQ: TSCO), and ZAGG Inc. (NASDAQ:ZAGG). These equities belong to the Specialty Retail industry, which consists of companies engaged in the operation of stores and dealerships concentrated on a single product. This space includes car and truck dealerships, auto parts, home improvement, office supplies, books, and other focused retail operations. Daily Stock Tracker published free research reports on these stocks today at:

http://dailystocktracker.com/register/

Michaels Cos. 

Irving, Texas headquartered The Michaels Cos. Inc.’s shares gained 0.33%, closing Wednesday’s trading session at $21.03. The stock recorded a trading volume of 2.96 million shares, which was above its three months average volume of 2.03 million shares. The Company’s shares have advanced 3.29% over the previous three months and 2.84% since the start of this year. The stock is trading 1.39% above its 200-day moving average. Additionally, shares of Michaels Cos., which owns and operates arts and crafts specialty retail stores in North America, have a Relative Strength Index (RSI) of 50.26. See our free and comprehensive research report on MIK at:

http://dailystocktracker.com/registration/?symbol=MIK

Office Depot 

On Wednesday, shares in Boca Raton, Florida headquartered Office Depot Inc. recorded a trading volume of 2.85 million shares. The stock declined 0.54%, ending the day at $3.71. The Company’s shares are trading below their 50-day moving average by 10.72%. Furthermore, shares of Office Depot, which together with its subsidiaries, supplies office products and services in North America, have an RSI of 37.03.  

On October 03rd, 2017, Office Depot announced that it is pivoting it from a traditional office products retailer to a broader business services and technology products platform. As the first step in this new strategic direction, the Company has entered into a definitive agreement to acquire CompuCom Systems, Inc., a market-leading provider of award-winning IT services, products, and solutions that enable the digital workplace for enterprise, small, and mid-size businesses. ODP free research report is just a click away at:

http://dailystocktracker.com/registration/?symbol=ODP

Tractor Supply 

Brentwood, Tennessee headquartered Tractor Supply Co.’s stock finished the day 0.65% lower at $57.92. A total volume of 4.31 million shares was traded, which was above their three months average volume of 2.17 million shares. The Company’s shares have advanced 0.68% in the previous three months. The stock is trading below its 50-day moving average by 3.07%. Additionally, shares of Tractor Supply, which operates rural lifestyle retail stores in the US, have an RSI of 36.12.  

On October 02nd, 2017, research firm UBS downgraded the Company’s stock rating from ‘Buy’ to ‘Neutral’ while revising its previous target price from $62 a share to $67 a share.

On October 24th, 2017, Petsense, which is owned and operated by Tractor Supply, has launched True Source, an exclusive brand of premium dog and cat food. True Source includes ten formulas of dog food in assorted flavors in both grain-free and whole grain varieties along with two formulas of cat food, both in grain-free formulations. In December 2017, True Source will expand to offer customers canned food options in addition to dry formulas. Sign up for your complimentary report on TSCO at:

http://dailystocktracker.com/registration/?symbol=TSCO

ZAGG Inc. 

Shares in Midvale, Utah headquartered ZAGG Inc. ended yesterday’s session 16.91% lower at $14.50. The stock recorded a trading volume of 2.67 million shares, which was above its three months average volume of 584,480 shares. The Company’s shares have advanced 1.05% in the last one month, 70.59% over the previous three months, and 104.23% since the start of this year. The stock is trading 3.48% and 56.74% above its 50-day and 200-day moving averages, respectively. Moreover, shares of ZAGG, which together with its subsidiaries, designs, manufactures, and distributes mobile tech accessories for smartphones and tablets in the US, Europe, and internationally, have an RSI of 41.96.  

On October 24th, 2017, ZAGG announced that it will report Q3 financial results on November 01st, 2017, immediately following the closing of regular stock market trading hours. The Company will hold a conference call that same day at 5:00 p.m. ET to review the results and discuss its outlook and business. The conference call will be available via a live webcast on the Company’s investor website. Register for free on DailyStockTracker.com and download the latest research report on ZAGG at:

http://dailystocktracker.com/registration/?symbol=ZAGG

Daily Stock Tracker: 

Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

DST has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://dailystocktracker.com/disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If youre a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE dailystocktracker.com

Contact Information:

Email: [email protected]
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

View Related News >