OLLI Jul 2024 37.500 put
| Previous close | 0.5000 |
| Open | N/A |
| Bid | 0.0500 |
| Ask | 2.6500 |
| Strike | 37.50 |
| Expiry date | 2024-07-19 |
| Day's range | 0.5000 - 0.5000 |
| Contract range | N/A |
| Volume | |
| Open interest | 1 |
- Yahoo Finance Video
Buy discount retailer stocks to capture this consumer trend
Value-conscious shoppers have been a boon to some discount retailers, while others like Five Below (FIVE) feel the weight of a challenging macro environment. Loop Capital Markets Managing Director Anthony Chukumba joins Market Domination to discuss his top picks in the discount retail sector. Chukumba characterizes the lower-income consumer's current position as a "tough place": these consumers are working, given the market's low unemployment, but they are "stressed" by having to pay more for everything from rent to groceries. This means they are being more selective in terms of what they're buying, avoiding the discretionary items on which retailers make higher profit margins, Chukumba says. The strategist outlines why discount retailers such as Ollie's Bargain Outlet (OLLI) and Dollar Tree (DLTR) earned Buy ratings from Loop Capital Markets. For more expert insight and the latest market action, click here to watch this full episode of Market Domination.
Investor's Business DailyLululemon Spikes On Results; Dollar Tree Mulls Sale Of Family Dollar; Discount Retailer Breaks Out, One Falls
Dollar Tree weighs selling Family Dollar. Ollie's Bargain Outlet breaks out on earnings, Lululemon bolts. Five Below tumbles.
ZacksHere's Why Ollie's Bargain Outlet (OLLI) is a Strong Growth Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
