StockCall.com Provides Stock Research on Urban Outfitters Inc., Hot Topic Inc., Express Inc., Guess' Inc., and The Men's Wearhouse Inc.
New York City, New York -- (May 14, 2013)
U.S. retail sales rose unexpectedly in April, a sign that consumer spending has remained strong despite the expiration of payroll tax cuts. According to the figures released by the Commerce Department, retail sales rose 0.1% in April, even as economists were expecting sales to slip 0.3%. The better-than-expected retail sales data highlights the fact that an improvement in the labor market has boosted consumer confidence. Retail sales could remain strong in the coming months if the labor market continues to recover. An improvement in retail sales is expected to benefit apparel stores operators such as Urban Outfitters Inc. (NASDAQ: URBN), Hot Topic Inc. (NASDAQ: HOTT), Express Inc. (NYSE: EXPR), Guess? Inc. (NYSE: GES), and The Men’s Wearhouse Inc. (NYSE: MW). Shares of apparel stores operators ended on a mixed note on Monday as the broad market struggled for direction. StockCall has posted free technical research reports on URBN, HOTT, EXPR, GES, and MW and these can be accessed by signing up at
Shares of Urban Outfitters Inc. touched a 52-week high of $44.31 yesterday. However, the stock failed to hold on to its gains. Urban Outfitters’ shares finished the day 0.18% lower at $43.75 on volume of 1.34 million. The stock has jumped more than 11.10% so far in 2013 as compared to a gain of over 14.50% for the S&P 500. Urban Outfitters Inc. shares are currently trading well above their 50-day and 200-day moving averages, which is a positive signal. Download the free report on URBN upon registration at
www.StockCall.com/URBN051413.pdf
Shares of Hot Topic Inc. edged higher in Monday’s trading session; however, the gains were limited. The stock closed 0.07% higher at $13.93 on volume of 516,500 after trading between $13.92 and $13.97. Hot Topic’s shares are currently trading hovering around their 52-week high of $13.98. The stock has traded sideways over the last two months, struggling to break through $14 resistance level. Year-to-date, shares of HOTT have gained more than 44.60%, outperforming the S&P 500. HOTT technical report can be accessed for free by signing up at
www.StockCall.com/HOTT051413.pdf
Shares of Express Inc. struggled in trading on Monday. The stock ended the day 1.84% lower at $18.68 on volume of 666,800 after touching an intraday low of $18.52. Shares of the company have traded in a tight range since the start of this year, struggling to break through $19 resistance level. The stock is currently trading above its 50-day and 200-day moving averages which is a bullish signal. The stock’s MACD is also trading above the signal line and the zero-line, further confirming the positive trend. The free report on EXPR can be downloaded by signing up now at
www.StockCall.com/EXPR051413.pdf
Shares of Guess? Inc. posted modest gains in yesterday’s trading session. The stock closed 0.03% higher at $28.96 on volume of 517,700 after trading between $28.74 and $28.97. Shares of GES recently broke through $28.50 resistance level which is a bullish signal. The stock has seen a series of highs over the last two weeks which further confirms the upbeat trend. Guess? shares have gained nearly 19% thus far this year, outperforming the S&P 500. Free report on GES can be accessed by registering at
www.StockCall.com/GES051413.pdf
Shares of The Men’s Wearhouse Inc. fell sharply on Monday. The stock fell to an intraday low of $34.37 before finishing the day 2.87% lower at $34.48 on volume of 490,300. Shares of MW fell after seeing a series of highs in the previous week. The stock’s MACD chart suggests that market sentiment has turned bearish recently. Year-to-date, the company’s shares have gained more than 11.20%, underperforming the broad market.Register withStockCall and download the research on MW for free at
www.StockCall.com/MW051413.pdf
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