Best Retail Companies To Invest In Right Now

Best Retail Companies To Invest In Right Now: Bed Bath & Beyond Inc.(BBBY)

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. It sells a range of domestic merchandise, such as bed linens and related items, bath items, and kitchen textiles; and home furnishings, including kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and certain juvenile products. The company also offers giftware, household products, and health and beauty care items; and infant and toddler merchandise. It operates stores under the names of Bed Bath & Beyond (BBB), Christmas Tree Shops (CTS), Harmon and Harmon Face Values (Harmon), and buybuy BABY. As of August 27, 2011, the company had a total of 1,155 stores, including 986 BBB stores, 70 CTS stores, 54 buybuy BABY stores, and 45 Harmon stores in 50 states, the District of Columbia, Puerto Rico, and Canada. It also operates two stores under the name of Home & More in the Mexico City through a joint venture. Bed Bath & Beyond Inc. was foun ded in 1971 and is based in Union, New Jersey.

Advisors' Opinion:

• [By Peter Graham]

  The Q3 2014 earnings report for large cap home decor retailer Bed Bath & Beyond Inc (NASDAQ: BBBY), a potential peer of other furniture or home décor retailers like mid cap Williams-Sonoma, Inc (NYSE: WSM) and small caps Restoration Hardware Holdings Inc (NYSE: RH) and Pier 1 Imports Inc (NYSE: PIR), is scheduled for after the market closes on Thursday (January 8th). Aside from the Bed Bath & Beyond earnings report, it should be said that Williams-Sonoma, Inc reported Q3 2014 earnings on November 19th (they beat expectations when revenues grew 8.7% to $1.143 billion and EPS increased 17.2% to $0.68); Restoration Hardware Holdings Inc reported Q3 2014 earnings on December 10th (revenues increased 22% to $484.7 million and ! adjusted net income increased 56% to $20.3 million); and Pier 1 Imports Inc reported Q3 2015 earnings on December 18th (sales were up 4.1% to $484.5 million and net income was $17.9 million verses $26.8 million).

• [By Jonas Elmerraji]

  Nearest Resistance: $70

  Nearest Support: $66

  Catalyst: Q2 Earnings

  Earnings were this week's driver for upside in shares of retail chain Bed Bath & Beyond (BBBY). The firm announced that it earned second-quarter profits of $1.17 a share, besting analysts' consensus guess of $1.14. Besides better earnings numbers, sales growth climbed more than expected at BBBY's stores, giving it a best-in-breed story at the same time investors are starting to get anxious about retail.

  BBBY showed traders a minor breakout through $66 on Wednesday, clearing the way for a retest of prior resistance at $70. If Bed Bath & Beyond can break above that $70 price ceiling, it's a buy. Until then, it's not a high-probability trade.

  Must Read: 5 Hated Earnings Stocks You Should Love

source from Top Stocks For 2015:http://www.topstocksblog.com/best-retail-companies-to-invest-in-right-now.html