Heading into Black Friday and the holiday shopping season, there are clear retail winners and losers emerging, according to Jharonne Martis, Director of Consumer Research at Thomson Reuters. Martis says value is important to consumers this year, and off-price stores like Ross (ROST) and TJX (TJX) pose a risk to the traditional department stores. She says J.C. Penney (JCP) is one of the best positioned department stores, thanks to its Sephora products, and strong sales of home goods. She thinks among higher-end stores, Nordstrom (JWN) will be a winner. Martis projects that cosmetics company Ulta (ULTA) will have the strongest same-store sales in the fourth quarter, projected at more than 11%. She also expects strong sales for Kate Spade (KATE) and Lululemon (LULU) . On the opposite side of the spectrum, Martis believes The Buckle (BKE) , GNC (GNC) and Sears (SHLD) will see negative same-store sales growth. Martis says the internet and catalog retail sector should see earnings grow by more than 18% in the fourth quarter, led by e-commerce king Amazon.com (AMZN) But she said online competition is picking up from retailers like Walmart (WMT) .
More from Video
Amid the Selling, Here's the Big Question Now
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
One Tweet Pulls the Rug Out From Under the Indexes
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
A Technical Look at the New Dow Jones Industrial Average
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
Conagra Brands Looks Tastier After Its Upgrade to Buy
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.