Here are some stocks getting most of the holiday season, love.
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On today’s watchlist, here are some stocks getting most of the holiday season, love.
Target (NYSE: TGT)
The largest U.S retail outlet Target, was up 3.05% on Monday. It was the stock’s fourth consecutive day of gains, even hitting a new 52-week high at $177.56 and surpassing the previous $174.41 peak. With more shoppers rushing to grab Black Friday offers and shop for the Thanksgiving holidays, Target is likely to see a continued boom.
Walmart (NYSE: WMT)
Retail giant Walmart is one to watch out for this holiday season. The largest grocery seller in the U.S. has a wide range of goods for shoppers to choose from, including food, electronics, home goods, and more. Ahead of Thanksgiving, millions of Americans will be flocking to Walmart to stock up for the holiday weekend.
Amazon (NASDAQ: AMZN)
E-commerce giant Amazon is another retailer hoping for a very festive thanksgiving. With Deloitte forecasting that e-commerce sales could grow by 25% to 35 in 2020-2021, Amazon is hot on our radar. This has already been a stellar year for Amazon, but it can get even better. While many retail outlets suffered during the early pandemic lockdown but online retail site Amazon flourished. In its third quarter 2020 earnings, Amazon announced a 37% year on year increase in net sales while net income tripled to $6.3 billion.
AstraZeneca (NASDAQ: AZN)
In partnership with Oxford University, AstraZeneca has made considerable progress with their covid vaccine. On Monday, they announced it was about 90% vaccine success rate. Unlike Pfizer’s vaccine, AstraZeneca’s can be stored at fridge temperatures, and they have already produced 100 million doses. The pharmaceutical company is also making significant progress with Farxiga, their type 2 diabetes, and heart failure medication.
Activision Blizzard (NASDAQ: ATVI)
Entertainment company Activision Blizzard is one to watch for the holiday season. The company reported third-quarter revenue of $1.95 billion. Outperforming experts estimates by 8%. Blizzard’s Call of Duty continued to record strong performance and was released in China in October. With a portfolio of loved classics under their belt, Activision’s games could be one of the top purchases this thanksgiving season.
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