{"id":58882,"date":"2023-08-29T06:00:52","date_gmt":"2023-08-29T10:00:52","guid":{"rendered":"https:\/\/www.ino.com\/blog\/?p=58882"},"modified":"2023-08-30T01:01:32","modified_gmt":"2023-08-30T05:01:32","slug":"investor-alert-are-these-11-back-to-school-stocks-making-big-moves","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2023\/08\/investor-alert-are-these-11-back-to-school-stocks-making-big-moves\/","title":{"rendered":"Investor Alert: Are These 11 Back-to-School Stocks Making Big Moves?"},"content":{"rendered":"<p>The end of summer and the onset of fall usually mean one thing in the United States \u2014 it\u2019s time to replenish supplies and head back to school. This also translates to wardrobe refreshes and gadget upgrades. The average planned back-to-school spending per household in the United States has gradually increased year-over-year to $848.9 in 2021, with electronics or computer-related equipment emerging as the biggest category.<\/p>\n<p>While stressed American consumers have been forced to go bargain hunting to squeeze out the maximum possible value from money for bare essentials so that more of it can be set aside in favor of outdoor experiences instead of manufactured goods, the trend is unlikely to be significantly impacted even by the seismic shifts in the consumption ecosystem.<\/p>\n<p>In fact, since the supply chain disruptions in the aftermath of the pandemic, concern for stockouts has only pulled back-to-school sales have increasingly been pulled forward to the end of July, compared to the conventional peak during the beginning of August. Prime Week by <a href=\"https:\/\/quotes.ino.com\/charting\/?s=NASDAQ_AMZN\">Amazon.com, Inc. (AMZN)<\/a> has also done its fair bit to catalyze that shift.<\/p>\n<p>Given the above, we have shortlisted a few relevant apparel\/fashion\/luxury, grocery, and technology stocks below that are expected to benefit from back-to-school sales to determine if they are worth buying in the aftermath of the sales event and ahead of the holiday season.<\/p>\n<p><a href=\"https:\/\/quotes.ino.com\/charting\/?s=NASDAQ_AAPL\">Apple Inc. (AAPL)<\/a><\/p>\n<p>The technology and consumer electronics giant, which has a history of revolutionizing products like the personal computer, smartphone, and tablet, has begun scripting the next key chapter in its success story with the announcement of its first product in the AR\/VR market, the Apple Vision headset, which will sell for $3,499 when it is released early next year.<\/p>\n<p>Despite its 7.9% dip during the past month, AAPL\u2019s stock has gained 22.2% over the past six months. While the business boasts excellent profitability, in view of its stretched valuation in the face of frigid trade relations between the U.S. and China, AAPL\u2019s manufacturing hub and key market, investors should wait for a better entry point.<\/p>\n<p><a href=\"https:\/\/quotes.ino.com\/charting\/?s=NYSE_WMT\">Walmart Inc. (WMT)<\/a><\/p>\n<p>Sam Walton, founder of the largest grocer in the world, built the company on a no-frills approach aimed at making groceries and other products more affordable. With 60% of its revenue in the U.S. coming from the grocery segment, the retail giant\u2019s focus on value through \u201ceveryday low prices\u201d has helped it become relatively immune to the seismic shifts in the consumption ecosystem.<\/p>\n<p>WMT\u2019s stock has dipped slightly over the past month but has gained 11.7% over the past six months. With core PCE at 4.3%, indicating stretched budgets and high borrowing costs in the foreseeable future, WMT is best positioned to capture the upside from \u201cmodest improvement\u201d in sales of big-ticket and discretionary items like electronics during the Back-to-School season.<\/p>\n<p><a href=\"https:\/\/quotes.ino.com\/charting\/?s=NYSE_TGT\">Target Corporation (TGT)<\/a><\/p>\n<p>TGT sells an assortment of general merchandise and food items to its guests through its stores and digital channels. With product categories such as apparel and accessories, beauty and household essentials, food and beverage, and home furnishing and d\u00e9cor, the budget retailer has converted its 1900+ stores into mini-malls offering a range of \u201ccheap chic\u201d items.<\/p>\n<p>Due to the recent miss in revenue and a not-so-optimistic outlook for the holiday season, TGT\u2019s stock has lost 9.5% over the past month. However, the slump has also brought the stock to a more attractive valuation, which could protect investors from downside risks and a potential upside from a mid-term recovery in consumer confidence and market sentiment.<\/p>\n<p><a href=\"https:\/\/quotes.ino.com\/charting\/?s=NASDAQ_ROST\">Ross Stores, Inc. (ROST)<\/a><\/p>\n<p>ROST operates two brands of off-price retail apparel and home fashion stores, Ross Dress for Less (Ross) and dd\u2019s DISCOUNTS, with the latter offering in-season, name-brand apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 70% off department and discount store regular prices every day.<\/p>\n<p>ROST\u2019s shares have gained about 5% over the past month and 8.5% over the past six months. Given its healthy profitability, investors could consider buying the stock to capitalize on a rally during Back to School and the holiday season.<\/p>\n<p><a href=\"https:\/\/quotes.ino.com\/charting\/?s=NYSE_DG\">Dollar General Corporation (DG)<\/a><\/p>\n<p>As a discount retailer, DG offers merchandise, including consumable items, seasonal items, home products, and apparel.<\/p>\n<p>DG\u2019s stock has plummeted 7.4% over the past month and 27.6% over the past six months. In view of its bleak prospects, investors are advised to stand by until sentiments improve before investing in the stock.<\/p>\n<p><a href=\"https:\/\/quotes.ino.com\/charting\/?s=NASDAQ_LOGI\">Logitech International S.A. (LOGI)<\/a><\/p>\n<p>Headquartered in Lausanne, Switzerland, LOGI designs, manufactures, and markets products that connect people to working, creating, gaming, and streaming worldwide. The company offers accessories, such as mice, keyboards, webcams, and other accessories for mobile devices. The company sells its products under the Logitech, Logitech G, ASTRO Gaming, Streamlabs, Blue Microphones, and Ultimate Ears brands.<\/p>\n<p>Despite a 4.3% dip in the past month, LOGI\u2019s shares have gained 24.2% over the past six months. While the business boasts excellent profitability, investors could wait for the pendulum of personal consumption to swing from services back in favor of high-ticket discretionary goods before buying into it.<\/p>\n<p><a href=\"https:\/\/quotes.ino.com\/charting\/?s=NASDAQ_CROX\">Crocs, Inc. (CROX)<\/a><\/p>\n<p>CROX designs, develops, and markets casual lifestyle footwear and accessories for women, men, and children, containing Croslite material, a proprietary, molded footwear technology. The company\u2019s segments include North America; Asia Pacific; Europe, the Middle East, Africa, and Latin America (EMEALA); and the HEYDUDE Brand.<\/p>\n<p>CROX\u2019s stock has lost 7.8% over the past month. While the decently profitable business is well-positioned to benefit from increased expenditure on outdoor expenses, investors could wait for further valuation comfort before taking a long position in the stock.<\/p>\n<p><a href=\"https:\/\/quotes.ino.com\/charting\/?s=NYSE_DDS\">Dillard's, Inc. (DDS)<\/a><\/p>\n<p>DDS is a fashion apparel, home furnishings, and cosmetics retailer. The company\u2019s operating segments include its retail department stores and a general contracting construction company.<\/p>\n<p>DDS\u2019 stock has gained 5.6% over the past month. Despite the recent price gains, its excellent profitability at a decent valuation means that investors could benefit from further upside in the stock.<\/p>\n<p><a href=\"https:\/\/quotes.ino.com\/charting\/?s=NYSE_LEVI\">Levi Strauss &amp; Co. (LEVI)<\/a><\/p>\n<p>The well-known apparel company designs and markets jeans, casual wear, and related accessories for men, women, and children under the Levi's, Signature by Levi Strauss &amp; Co., Denizen, Dockers, and Beyond Yoga brands.<\/p>\n<p>LEVI\u2019s stock has lost 5.9% over the past month and 22.4% over the past six months. While the sentiment has been improving lately, investors would be wise to wait for its valuation to improve before deciding to add the stock to their portfolio.<\/p>\n<p><a href=\"https:\/\/quotes.ino.com\/charting\/?s=NYSE_ANF\">Abercrombie &amp; Fitch Co. (ANF)<\/a><\/p>\n<p>As an omnichannel specialty retailer of apparel, personal care products, and accessories for men, women, and kids, ANF sells its offerings primarily through its digital channels, company-owned stores, and various third-party arrangements.<\/p>\n<p>ANF\u2019s stock has surged 26.3% over the past month and 68.3% over the past six months. Given its excellent track record and profitability, investors could consider investing in the stock.<\/p>\n<p><a href=\"https:\/\/quotes.ino.com\/charting\/?s=NASDAQ_SCVL\">Shoe Carnival, Inc. (SCVL)<\/a><\/p>\n<p>SCVL is an omnichannel family footwear retailer that offers customers an assortment of dress, casual, and athletic footwear for men, women, and children.<br \/>\nSCVL\u2019s stock has plummeted 15.9% over the past month. While valuations have become more attractive, investors are advised to wait for the outlook to improve before acquiring a stake in the business.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The end of summer and the onset of fall usually mean one thing in the United States \u2014 it\u2019s time to replenish supplies and head back to school. This also translates to wardrobe refreshes and gadget upgrades. The average planned back-to-school spending per household in the United States has gradually increased year-over-year to $848.9 in [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":41,"featured_media":58883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[32444,32089,9516,4826,32441,32162,32090,32440,32442,32438,32446,32443,32439,32437,32445,9481,31913],"class_list":["post-58882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-abercrombie-fitch-co-anf","tag-amazon-com","tag-apple-inc-aapl","tag-crocs","tag-dillards","tag-dollar-general-corporation-dg","tag-inc-amzn","tag-inc-crox","tag-inc-dds","tag-inc-rost","tag-inc-scvl","tag-levi-strauss-co-levi","tag-logitech-international-s-a-logi","tag-ross-stores","tag-shoe-carnival","tag-target-corporation-tgt","tag-walmart-inc-wmt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Investor Alert: Are These 11 Back-to-School Stocks Making Big Moves? - INO.com Trader&#039;s Blog<\/title>\n<meta name=\"description\" content=\"In this piece, we look at 11 stocks and examine their prospects during back-to-school and the upcoming holiday season.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ino.com\/blog\/2023\/08\/investor-alert-are-these-11-back-to-school-stocks-making-big-moves\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Investor Alert: Are These 11 Back-to-School Stocks Making Big Moves? - INO.com Trader&#039;s Blog\" \/>\n<meta property=\"og:description\" content=\"In this piece, we look at 11 stocks and examine their prospects during back-to-school and the upcoming holiday season.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ino.com\/blog\/2023\/08\/investor-alert-are-these-11-back-to-school-stocks-making-big-moves\/\" \/>\n<meta property=\"og:site_name\" content=\"INO.com Trader&#039;s Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/inocom\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-29T10:00:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-30T05:01:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2023\/08\/Untitled-design-52.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"The INO.com Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The INO.com Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ino.com\/blog\/2023\/08\/investor-alert-are-these-11-back-to-school-stocks-making-big-moves\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2023\/08\/investor-alert-are-these-11-back-to-school-stocks-making-big-moves\/\"},\"author\":{\"name\":\"The INO.com Team\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280\"},\"headline\":\"Investor Alert: Are These 11 Back-to-School Stocks Making Big Moves?\",\"datePublished\":\"2023-08-29T10:00:52+00:00\",\"dateModified\":\"2023-08-30T05:01:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2023\/08\/investor-alert-are-these-11-back-to-school-stocks-making-big-moves\/\"},\"wordCount\":1199,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2023\/08\/investor-alert-are-these-11-back-to-school-stocks-making-big-moves\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wwwtest.ino.com\/blog\/wp-content\/uploads\/2023\/08\/Untitled-design-52.png\",\"keywords\":[\"Abercrombie &amp; Fitch Co. 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