Retail investors with less experience may be struggling to adjust because they’re familiar with the prominent technology companies. However the market often passes through multiyear cycles. Understanding changes in investor sentiment can help traders avoid areas of weakness and focus on new opportunities.
Target (TGT) surpassed estimates across the board: profit, revenue and same-store sales. Digital also grew 155 percent. Gross margin beat estimates by a full percentage point after effective merchandising reduced markdowns.
Business transformation is the sixth of our seven major catalysts for price movement in the stock market. It occurs when a company transitions from an old, weakening model to a new model better suited to the present time. The process often results from changes in technology, but can also involve adapting to more recent customer trends.