Previous close | 2.4200 |
Open | 2.4200 |
Bid | 2.3200 |
Ask | 2.3900 |
Strike | 170.00 |
Expiry date | 2025-01-17 |
Day's range | 2.4200 - 2.4200 |
Contract range | N/A |
Volume | |
Open interest | 661 |
With stocks pulling back recently and interest rates expected to continue moving higher, now is a great time to hunt for dividend stocks. The retail sector, in particular, has been hit hard by the macroeconomic environment as consumers have shifted spending to necessities and services like travel, cutting back on the discretionary items that were popular during the benefiting. It's been a rough couple of years for Target (NYSE: TGT).
Target (TGT) plans to close nine stores in four states owing to increased theft and organized retail crimes. It continues to invest in securing the safety of its stores and workers.
Costco (COST) topped earnings and revenue estimates as other retailers are reporting weakness across the sector. Forrester Research Retail Analyst Sucharita Kodali joins Yahoo Finance Live to react to Costco's fourth-quarter earnings report and how it compares to the consumer narratives playing out in the larger retail space. "Costco's business does tend to be fairly recession-proof, similar to other mass merchants like Walmart, in large part because when a consumer may have lower expectations for the future, they're going to fly to value," Kodali says. "Costco absolutely offers that." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.