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Brian Sozzi Upgrades Wal-Mart, Should You?
Tuesday, August 16, 2011 - 1:01pm | 629Brian Sozzi of Wall Street Strategies is out with a research report on Wal-Mart (NYSE: WMT) after it reported earnings this morning that were better than what Wall Street was expecting. The Bentonville, Arksansas-based company reported second quarter earnings of $1.09 per share on $109.37 billion...
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Brian Sozzi Discusses Macy's, Kohl's Earnings
Thursday, August 11, 2011 - 8:46am | 328Brian Sozzi of Wall Street Strategies is out with a research report discussing earnings from Macy's (NYSE: M) and Kohl's (NYSE: KSS), as well as the health of the retail sector. In the note, Sozzi says that the strong reports from Macy's and Kohl's have defied the conventional wisdom of consumer...
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Ralph Lauren: The Epitome Of Luxury
Wednesday, August 10, 2011 - 9:27am | 864Polo Ralph Lauren Corp. (NYSE: RL) reported earnings this morning that clearly show the difference in the two consumers in this country: the very wealthy and the very poor. The premium lifestyle company reported earnings of $1.90 per share on $1.53 billion in revenues. Wall Street had been...
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Brian Sozzi Discusses Statement From Fed
Tuesday, August 9, 2011 - 3:05pm | 242Brian Sozzi of Wall Street Strategies is out with a note on the statement from the Federal Reserve, which did not announce a third round of quantitative easing, but said that it is likely to keep interest rates at current levels until at least mid 2013, if conditions warrant. In the note, Sozzi...
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Brian Sozzi Discusses Recent Stock Market Plunge
Tuesday, August 9, 2011 - 10:26am | 279Brian Sozzi of Wall Street Strategies is out with a morning note on the recent sharp drops in the equity markets, and has some thoughts on what to do as a result of the aftermath. In the note Sozzi notes, "It almost feels like two hurricanes have swept through the markets in two weeks time, doesn'...
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Brian Sozzi Discusses July Jobs Report
Friday, August 5, 2011 - 11:09am | 259Brian Sozzi of Wall Street Strategies is out with a research report on the July nonfarm payroll report, which came in better than expected this morning. The July Nonfarm payroll report came in at 117,000, on expectations of 84,000. The unemployment rate fell to 9.1%, and the private sector rose...
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Goldman Missed Breakfast At Tiffany's, But Is There Time For Leftovers?
Thursday, August 4, 2011 - 10:18am | 727This morning Goldman Sachs made a call to upgrade Tiffany's (NYSE: TIF) from Sell to Neutral, on a valuation call. Well Goldman, Tiffany has been one of the best performing stocks in the past year, why upgrade it now? Here's their reason: "We are upgrading TIF to Neutral from Sell as the stock is...
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Brian Sozzi Discusses July Retail Sales
Thursday, August 4, 2011 - 9:54am | 404Brian Sozzi from Wall Street Strategies is out with a research report on July retail sales, and is called it "the oddest month of same-store sales releases that I have ever seen." In the note, Sozzi goes on to say, "Simply, retailers across most sectors managed to triumph over the consensus same-...
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Brian Sozzi Discusses Earnings From Coach
Tuesday, August 2, 2011 - 8:08am | 326Brian Sozzi from Wall Street Strategies is out with a research report on Coach (NYSE: COH) after it reported earnings. In the note, Sozzi says, "For the second consecutive quarterly earnings release, the market looks prepared to sell the news on Coach (COH). At first glance, Coach had a solid...
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Brian Sozzi Discusses Retail Earnings
Thursday, July 28, 2011 - 9:32am | 379Brian Sozzi of Wall Street Strategies is out with a research report on retail earnings, and he is saying that results have been somewhat better than expected, which is a pleasant surprise. In a note to clients, Sozzi writes, "Those who were bracing for doom and gloom from 2Q earnings reports by...
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Brian Sozzi Discusses Debt Ceiling Problems
Monday, July 25, 2011 - 8:53am | 312Brian Sozzi of Wall Street Strategies is out with a research report on the drama that is playing out over the debt ceiling that is happening in the U.S. In the note, Sozzi writes, "The Lehman Brothers fallout left astute investors with a litany of hard-learned lessons, the least of which is that...
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Wall Street Strategies Upgrades URBN To Buy, Raises PT To $36
Friday, July 22, 2011 - 8:28am | 29Wall Street Strategies has upgraded Urban Outfitters (NASDAQ: URBN) from Sell to Buy and has raised the price target from $26 to $36.
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Brian Sozzi Positive On Snap-On, Should You Be?
Thursday, July 21, 2011 - 2:04pm | 708Brian Sozzi is out with a research report on Snap-On (NYSE: SNA) after the company reported strong earnings this morning. The stock, unlike competitor Stanley, Black & Decker (NYSE: SWK) is near a 52 week high, and continues to fire on all cylinders (pun intended). The company reported...
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Brian Sozzi Talking Apple To The Dow
Wednesday, July 20, 2011 - 2:41pm | 172Brian Sozzi is on CNBC talking about Apple (NASDAQ: AAPL) potentially being added to the Dow, and he does not think this is a good idea. Sozzi said that if Apple was in the Dow, it would be a sign that it was a mature tech company, which Apple clearly is not. If Apple is added to the Dow, the Dow...
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Wall Street Strategies Reiterates Buy On Coca-Cola
Tuesday, July 19, 2011 - 3:21pm | 146Wall Street Strategies is out with a research report on Coca-Cola (NYSE: KO) after the company reported earnings this morning. It is reiterating its Buy rating and $74 price target on shares. In the note, WSS writes, "The Company reported that revenues increased 46.7% to $12.73 billion from $8....