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6 Discount Retailers To Invest In for 2024 [Yahoo! Finance]
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Last ross stores, inc. earnings: 3/3 04:01 pm
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slowdowns or recessions, but they tend to lag when the economy is booming. This is because discount retailers, by definition, sell lower-cost products that tend to rise in popularity when money is tight. When everyone has a job and the stock market is soaring, on the other hand, consumers tend to spend money on higher-ticket items, leaving discount retailers in the dust. Check Out: 10 Valuable Stocks That Could Be the Next Apple or Amazon Read Next: 4 Genius Things All Wealthy People Do With Their Money Whether or not a recession lies ahead in 2024 or 2025 is still a matter of heated debate, but it's usually a good time to pile into discount retailers before signs of economic weakness, as it may be too late if and when a recession finally arrives. With that in mind, here's a look at some of the best-positioned discount retailers based on valuation, projected growth rates and economic position. Bear in mind that you should always do your own due diligence before investing in any
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NEWS
- Ross Stores (ROST) Stock Drops Despite Market Gains: Important Facts to Note [Yahoo! Finance][Yahoo! Finance]
- Why Ross Stores (ROST) is a Top Value Stock for the Long-Term [Yahoo! Finance][Yahoo! Finance]
- Ross Stores, Inc. (NASDAQ: ROST) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.[MarketBeat]
- Ross Stores (ROST) Ascends While Market Falls: Some Facts to Note [Yahoo! Finance][Yahoo! Finance]
- Can Ross Stores' (ROST) Merchandising Strategies Aid the Stock? [Yahoo! Finance][Yahoo! Finance]
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SEC Filings
- 6/12/24 - Form 10-Q
- 6/5/24 - Form 4
- 6/4/24 - Form 4
- ROST's page on the SEC website
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