Tuesday, August 26, 2014

Top 5 Dow Dividend Stocks To Invest In Right Now

Top 5 Dow Dividend Stocks To Invest In Right Now: Ross Stores Inc.(ROST)

Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home accessories stores under the Ross Dress for Less and dd?s DISCOUNTS brand names in the United States. Its Ross Dress for Less brand stores sell brand and designer apparel, accessories, footwear, and home fashions for the entire family at everyday savings of 20 to 60 percent off department and specialty store regular prices; and dd?s DISCOUNTS brand stores sell apparel, accessories, footwear, and home fashions for the entire family at everyday savings of 20 to 70 percent off moderate department and discount store regular prices. As of January 29, 2011, the company operated 1,055 stores, of which 988 were Ross Dress for Less brand stores in 27 states and Guam, and 67 were dd?s DISCOUNTS brand stores in 6 states. Its Ross Dress for Less brand stores primarily target middle income households and dd?s DISCOUNTS brand stores target moderate income households. Ross Stores, Inc. was found ed in 1957 and is headquartered in Pleasanton, California.

Advisors' Opinion:
  • [By GuruFocus]

    According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows.Deutsche Bank AG (DB) Reached the 52-Week Low of $36.04The prices of Deutsche Bank AG (DB) shares have declined to close to the 52-week low of $36.04, which is 36.1% off the 52-week high of $54.49. Deutsche Bank AG is owned by 3 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 1 reduced their position.Deutsche Bank Aktiengesellschaft is a stock corporation organized under the laws of Germany. Deutsche Bank Ag has a market cap of $36.74 billion; its shares were traded at around $36.04 with a P/E ratio of 413.90 and P/S ratio of 0.90. The dividend yield of Deutsche Bank Ag stocks is 2.10%.David! Dreman (Trades, Portfolio) owns 58,725 shares as of 03/31/2014, an increase of 404.64% from the previous quarter. This position accounts for 0.2% of the $1.29 billion portfolio of Dreman Value Management. Mario Gabelli (Trades, Portfolio) owns 6,25 0 shares as of 03/31/2014, which accounts for 0.0015% of the $18.53 billion portfolio of GAMCO Investors.Ross Stores Inc (ROST) Reached the 52-Week Low of $67.16The prices of Ross Stores Inc (ROST) shares have declined to close to the 52-week low of $67.16, which is 21.2% off the 52-week high of $81.99. Ross Stores Inc is owned by 14 Gurus we are tracking. Among them, 7 have added to their positions during the past quarter. 5 reduced their positions.Ross Stores, Inc., is a Delaware Corporation. It turned public with its IPO in August 1985. Ross Stores Inc has a market cap of $14.21 billion; its shares were traded at around $67.16 with a P/E ratio of 17.00 and P/S ratio of 1.39. The dividend yield of Ross Stores Inc stocks is 1.10%. Ross Stores Inc had an annual average earnings growth of 23.20% over the past 10 years. GuruFocus rated Ross Stores Inc the business predictability rank of 4.5-star.ROST recently reported earnings per share for the 13 weeks ended May 3, 2014 of $1 .15, up from $1.07 fo

  • [By Maria Armental and Tess Stynes var popups = dojo.query(".socialByline .popC"); ]

    Ross Stores Inc.'s(ROST) fiscal first-quarter earnings rose 4% as the off-price retailer benefited from sales growth as well as inventory and cost controls.

  • [By Ben Levisohn]

    After volatile trading this morning following its earnings release, Ross Stores (ROST) has headed higher this afternoon.

    Ross Stores reported a first-quarter profit of $1.15 per share, meeting analyst forecasts, though sales of $2.68 billion missed forecasts for $2.69 billion. Same-store sales rose 1%, which was at the bottom of the range Ross Stores had provided earlier. Ross also raised the low-end of its full year guidance.

    MK! M Partner! s‘ Patrick McKeever says don’t blame JC Penney (JCP) for Ross Stores’ less-than-blockbuster results:

    Same-store sales increased 1%, which is commendable in the context of all the negative comps across the apparel space, but it was a bit disappointing for Ross, which has shown greater outperformance in recent years. While there’s some concern about JC Penney’s return to sales growth and increased promotional intensity, we do not believe this has been a significant factor for Ross, just as we don’t think Ross saw much benefit during JC Penney’s near implosion. Accordingly, we view this, at most, as a marginal issue.

    Cowen’s John Kernan and Jerry Gray think the second half of the year will be better for Ross as it takes advantage of weakness at Sears (SHLD):

    We see Ross Stores’ same-store sales potentially accelerating into the 2H of 2014 as the retail traffic environment normalizes and inventory overhangs decline at competitors. Aside from JCPenney’s one quarter of resurgence, the mid-tier department store channel remains a share donator, and we see weakness and store closures at Sears and Kmart as market share and real estate opportunity for Ross Stores. We note Sears and K-Mart have a $9.5B apparel and soft goods business.

    Shares of Ross Stores have gained 1% to $68.77 today after dropping as much as 0.4% earlier this morning. Sears has dropped 1.3% to $37.59, while JC Penney has gained 1% to $8.96.

  • [By Steven Russolillo]

    WATCH FOR: Weekly Jobless Claims (8:30 a.m. Eastern Time): seen 310K; previously 297K. May Markit “Flash” PMI (9:45). April Existing Home Sales (10:00): seen +2.0% at 2.68M; previously -0.2% at 4.59M. April Leading Index (10:00): seen +0.5%; previously +0.8%. May Kansas City Fed Manufacturing Survey (11:00): seen 8; previously 7. Aeropostale, Best Buy(BBY), Borcade, Buckle, Dollar Tree(DLTR), GameStop(GME), Gap(GPS), Hewlett-Packard(HPQ), Marvell Tech(MRVL), Me! ntor Grap! hics(MENT), Ross Stores(ROST) and TiVo are among companies scheduled to report quarterly results.

  • source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-dow-dividend-stocks-to-invest-in-right-now-3.html

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