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Retail Stocks Performed Strongly After Sales Data (GPS, NDN, ANF, Macy’s, TUES)

Retail Stocks Today

 



(EMAILWIRE.COM, February 08, 2010 ) Dallas, Tx - Following are some of the retail stocks which performed very well during the last week after companies reported stronger than expected sales for the month of January.

To subscribe to our stock news alerts visit: http://www.wepickpennystocks.com.

The Gap Inc. (NYSE:GPS) rose 4% during the last week. Its January sales rose 5%, while analysts were expecting 4.40%.

99 Cents Only Stores (NYSE:NDN) rallied over 18% in the recent week. The company posted a 2.3% increase in net consolidated sales for the third quarter of fiscal 2010, and increased consolidated gross profit to $154.9 million from $142.8 million in the third quarter of the prior fiscal year.

Abercrombie & Fitch Co. (NYSE:ANF) closed at $33.18 with a weekly gain of over 5% after the company posted a surprise increase of 8% in the latest month, when analysts were calling for an 8.4% drop.

Macy's, Inc. (NYSE:M) also performed strongly and surged over 3% after its January sales rose 3.40% versus the analysts estimates of flat sales.

Tuesday Morning Corporation (NASDAQ:TUES) rose over 135 in the last week.

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Wepickpennystocks provide online Stock Newsletter on various stocks of the day. To make the right investment in the stock business you need up to date information of daily stocks. We provide alerts on penny stocks, financial stocks, technical stocks, most active stocks and much more. Our hot stock alerts will help you gain insight into the stock trading so that you can make maximum profit.

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