Wall Street Fundamentals Releases New In-Depth Stock Reports on BBY, GME, M and TGT


Follow this company

Companies Mentioned

NYSE:BBY / NYSE:GME / NYSE:M / NYSE:TGT
12/06/2013 [ACCESSWIRE]

U.S. markets declined for the fifth consecutive day Thursday as more economic data increased worries of the Federal Reserve curbing stimulus measures. Gross domestic product grew at an annualized rate of 3.6 percent in the third quarter, up from a previous estimate of 2.8 percent. Both the Dow Jones Industrial Average and the S&P 500 Index posted declined of 0.43 percent. Additionally, shares of retailers were dragged down by weak results from Aeropostale, Bath & Body Works and L Brands. Here is how some retail stocks reacted Thursday:

Best Buy Co., Inc. (NYSE: BBY) shares traded in the range of $41.54 to $43.19 Thursday before settling to close at $41.60, a decrease of 2.80 percent. The stock appears to be facing some resistance at the $43.12 and $44.33 levels with some support at $40.38. Shares of Best Buy have gained approximately 250.0 percent in 2013.

More information on Best Buy and access to the free equity report can be found at:
www.WallStreetFundamentals.com/BBY

GameStop Corp. (NYSE: GME) shares traded in the range of $45.07 to $46.14 Thursday before settling to close at $45.13, a decrease of 1.40 percent. The stock appears to be facing some resistance at the $46.15 and $47.34 levels with some support at $43.91. Shares of GameStop have gained approximately 80.0 percent in 2013.

More information on GameStop and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/GME

Macy's, Inc. (NYSE: M) shares traded in the range of $51.26 to $52.15 Thursday before settling to close at $51.54, a decrease of 0.96 percent. The stock appears to be facing some resistance at $55.61 with some support at the $50.67 and $49.47 levels. Shares of Macy's have gained approximately 32.0 percent in 2013.

More information on Macy's and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/M

Target Corporation (NYSE: TGT) shares traded in the range of $62.60 to $63.75 Thursday before settling to close at $62.63, a decrease of 1.07 percent. The stock appears to be facing some resistance at the $63.18 and $64.58 levels with some support at $62.13. Shares of Target have gained approximately 5.0 percent in 2013.

More information on Target and access to the free equity report can be found at:
www.WallStreetFundamentals.com/TGT

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

COMMENTS

Leave a comment...
 * 

Your Name
 *