I'm shifting my portfolio towards undervalued rebound plays like Gap, which has returned to growth amid weak consumer demand affecting major retail names. GAP's 12% gain in 2024, despite ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Gap shares soared in extended trading Thursday after the apparel retailer reported ...
Note: Gap’s FY’23 ended on February 3, 2024. Gap Inc. stock (NYSE: GAP) grew 17% in 2024 compared to a 23% return of the S&P 500 over the same period. In contrast, its peer Guess stock was down 41% in ...
Sharp gains at the opening bell saw the S&P 500, Dow Jones Industrial Average, Nasdaq Composite and other major indexes leave large gaps on the daily price charts. A gap is seen when an asset opens ...
The overall strength was also notable given Friday’s disappointing Michigan Consumer Sentiment reading. The XLY ETF is holding just above a potential double-bottom pivot near $121.60. Bulls will be ...
Gap Inc (GAP) released its Q3 earnings report yesterday, and shares have been rising since then, along with analyst sentiment. The fashion retailer, which owns popular brands such as Banana Republic, ...
The S&P 500 index gapped higher two days in a row this week — a show of strength. (Those gaps are marked with circles on the upper right of the SPX chart below.) There’s support now for SPX at the old ...