The Latest Breaking News from ROST

The solid annual gain in retail sales and the strong demand for luxury goods in the U.S. point to a thriving fashion industry. However, let us analyze whether popular fashion stocks Abercrombie & Fitch (ANF) and Ross Stores (ROST) are ideal investment opportunities.

The luxury goods industry is thriving amid the influence of social media and rising disposable income. Moreover, considering the industry’s growth potential, fundamentally strong luxury stocks Burberry Group (BURBY), Lands’ End (LE) and Ross Stores (ROST) might be ideal additions to your portfolio. Read on.

The luxury goods industry is well-positioned for growth thanks to rising disposable income, flexible payment methods, and the influence of social media. Therefore, investors could consider buying soaring luxury goods stocks Gap (GPS), Ross Stores (ROST), and Tapestry (TPR). Keep reading….

GPS stock is on track for its best gain since June 2020 after retailer Gap trounced earnings. ROST stock breaks out on Ross results.

December S&P 500 futures (ESZ23) are up +0.02%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.09% this morning as market participants looked ahead to a new round of U.S. economic data and speeches from Fed officials.

With higher interest rates and sticky inflation undercutting the purchasing power of most consumers, value retailers are holding up against a broader spending pullback as anxiety over the economy prompts shoppers to seek discounts and deals. Many of the off-price retailers, such as TJX Cos (TJX ), Ross Stores (ROST...

Based on the evidence at hand, traders who wanted to short ROST stock should have done so in September.

This discount retail stock has grown revenue during past recessions, and it's currently trading at attractive valuations. Here's your chance to buy ROST on sale.

Although Ross Stores could be an interesting play on the consumer economy, investors need to acknowledge the real story underlining ROST stock.

September S&P 500 futures (ESU23) are up +0.22%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.19% this morning as market participants digested the minutes of the Federal Reserve’s latest meeting while watching for fresh indications of weakness in China.

With easing inflation and robust consumer spending, the luxury industry is expected to perform significantly well. Moreover, China’s reopening and growing technology integration should boost the industry’s growth. Hence, top luxury stocks Ross Stores (ROST), Coty (COTY), and Ralph Lauren (RL) could be ideal additions to your portfolio. Continue reading….