E-Commerce to Boost Holiday Retail Sales: 4 Stocks With Room to Grow [Yahoo! Finance]
PC Connection, Inc. (CNXN)
Last pc connection, inc. earnings: 4/29 04:05 pm
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US:NASDAQ Investor Relations:
ir.connection.com/investor-relations
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Source: Yahoo! Finance
However, inflation has cooled sharply over the past few months, allowing consumers to continue spending. E-commerce, which has largely been driving overall retail sales over the past few years, has been steadily rising lately, indicating that the economy is still on solid ground. The Federal Reserve recently announced its first rate cut in over four years. The rate cut ahead of the holiday season bodes well for the retail sector. Given the positive outlook, investing in retail stocks with a strong online presence would be a prudent choice. Four such stocks are PC Connection, Inc. CNXN, JD.com, Inc .JD, Burlington Stores, Inc. BURL and Abercrombie & Fitch ANF. These stocks have seen positive earnings estimate revisions in the past 60 days. Each of the stocks has a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here Holiday Online Sales Projected to Grow Online retail sales during the holiday season will grow at a faster pace
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CNXN
News
- PC Connection, Inc. (NASDAQ: CNXN) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- PC Connection's (NASDAQ:CNXN) 18% CAGR outpaced the company's earnings growth over the same three-year period [Yahoo! Finance]Yahoo! Finance
- PC Connection, Inc. (NASDAQ: CNXN) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Connection Named to Newsweek’s List of World’s Most Trustworthy CompaniesBusiness Wire
- PC Connection's (NASDAQ:CNXN) Solid Earnings Have Been Accounted For Conservatively [Yahoo! Finance]Yahoo! Finance
CNXN
Earnings
- 10/30/24 - Miss
CNXN
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- CNXN's page on the SEC website