옵션 체인은 다양한 행사가격과 만기일에 대한 J.Jill의 주식 옵션 주요 데이터를 보여줍니다. 트레이더들은 이 정보를 사용하여 잠재적 거래를 분석하고 J.Jill에 대한 시장 심리를 평가합니다..

J.Jill (NYSE:JILL) 주식, 옵션 체인

J.Jill

J.Jill Inc is a national lifestyle brand that provides apparel, footwear, and accessories. The company's products are marketed under the J.Jill brand name and sold through two channels: its e-commerce platform and catalog (Direct) and its retail stores (Retail). Revenue is derived from the sale of apparel and accessory merchandise through the company's Retail and Direct channels, which include website and catalog phone orders. Revenue also includes shipping and handling fees collected from customers.

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금요일 아침(현지시간) 미국 주식 선물이 상승하며, 오늘 투자자의 관심을 끌 수 있는 일부 주식은 다음과 같다:월스트리트는 J.질(NYSE:JILL)이 개장 전에 1억 5,492만 달러의 매출과 주당 99센트의 분기 이익을 보고할 것으로 예상하고 있다. J.질의 주가는 시간외 거래에서 0.8% 상승한 35.50달러를 기록했다. 이 회사는 여성 의류 업계에서 전문 소매업체로 운영되고있다.

베일 리조트, 도큐사인 그리고 금요일에 주목해야 할 주식 3종목

J.Jill Inc

Major U.S. indices had a mixed close on Monday, with the Dow Jones Industrial Average slipping 0.1% to 43,389.60, while the S&amp;P 500 rose 0.4% to 5,893.62, and the Nasdaq climbed 0.6% to 18,791.81.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>)
Super Micro Computer shares soared 15.93% to close at $21.54, after the company announced it has engaged BDO USA, P.C. as its independent auditor. The company also submitted a compliance plan to the Nasdaq to <a href="https://www.benzinga.com/trading-ideas/movers/24/11/42052157/whats-going-on-with-super-micro-computer-stock-after-hours">regain compliance</a> with its continued listing requirements. 
Bakkt Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKKT#NYSE">BKKT</a>)
Bakkt Holdings shares surged 162.46% to close at $29.71, following reports that Trump Media &amp; Technology Group is in advanced talks to acquire the cryptocurrency company. Donald Trump, seen as pro-crypto, has reportedly led his media company into <a href="https://www.benzinga.com/general/social-media/24/11/42048594/trump-digs-deeper-into-cryptocurrency-bakkt-shares-soar-on-reported-interest-from-president-elects-media-company">advanced talks to acquire Bakkt</a>, a cryptocurrency firm backed by Intercontinental Exchange, in an all-share deal
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42014985/matt-gaetz-to-be-confirmed-as-attorney-general-in-a-trump-administration-not-so-fast-polymarket-traders-say?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Matt Gaetz To Be Confirmed As Attorney General In A Trump Administration? Not So Fast, Polymarket Traders Say</a>
MARA Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>)
MARA Holdings shares fell 14.07% to close at $18.11 after the company announced a $700 million convertible note offering to boost its Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) holdings and repurchase debt. The company&#8217;s shares fell, <a href="https://www.benzinga.com/partner/emerging-markets/24/11/41970156/investing-in-craft-the-benefits-of-boutique-brands-like-ibgs-australian-bitters">following the announcement</a>, of a $700 million convertible note offering to bolster Bitcoin holdings and address debt. The offering includes repurchasing 2026 notes and potential stock market impacts due to hedging activities by noteholders.
MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>)
MicroStrategy shares rose 12.96% to close at $384.79, following the company&#8217;s announcement of the acquisition of 51,780 Bitcoin for approximately $4.6 billion. On Monday, the Michael Saylor-led company <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42042019/bitcoin-buyer-spree-microstrategy-acquires-4-6b-in-btc-metaplanet-issues-11-4m-in-bonds-to-fund-purchases">announced the purchase</a> of 51,780 BTC for nearly $4.6 billion, at an average price of $88,627 per coin.
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla shares climbed 5.62% to close at $338.74, following reports that President-elect Trump plans to <a href="https://www.benzinga.com/trading-ideas/movers/24/11/42038624/tesla-stock-is-trading-higher-monday-whats-going-on">ease restrictions</a> for self-driving vehicles. The proposed federal framework could accelerate Tesla&#8217;s plans for its Cybercab robotaxi by addressing regulatory caps, despite potential EV tax credit eliminations that Elon Musk supports to challenge competitors.
Prepare for the day&#8217;s trading <a href="Premarket Movers &amp; News">with top premarket movers and news</a> by Benzinga.
Read Next: 
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<li><a href="https://www.benzinga.com/24/11/42029943/dow-tumbles-over-300-points-following-economic-reports-investor-sentiment-declines-fear-greed-index-moves-to-neutral-zone?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Dow Tumbles Over 300 Points Following Economic Reports, Nvidia, Microsoft Decline: Fear &amp; Greed Index Moves To &#8216;Neutral&#8217; Zone</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

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$BTC

Bakkt Holdings, Inc. Class A Common Stock

BKKT

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MSTR

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TSLA

Super Micro Computer, Bakkt Holdings, MARA Holdings, Microstrategy, And Tesla Inc: Why These 5 Stocks Are On Investors' Radars Today

On Monday, Cathie Wood-led Ark Invest made a series of trades, with Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) being the most prominent. This comes amidst reports of President-elect Donald Trump&#8217;s plans to ease restrictions for self-driving vehicles and Tesla&#8217;s shares racing higher.
The TSLA Trade
Ark Invest&#8217;s trade involving Tesla shares comes at a time when the company&#8217;s stock is <a href="https://www.benzinga.com/trading-ideas/movers/24/11/42038624/tesla-stock-is-trading-higher-monday-whats-going-on">experiencing a significant surge</a>. This surge is linked to reports that the incoming administration plans to prioritize a federal framework for autonomous vehicles, potentially making it easier to operate self-driving cars.
On Monday, Ark sold 30,939 Tesla shares worth $10.05 million from its flagship ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>) fund. Tesla shares ended the day higher by 5.6% at $338.74.
Ark has been on a Tesla share-selling spree of late. After the Elon Musk-led company released its <a href="https://www.benzinga.com/markets/equities/24/10/41536387/cathie-woods-ark-sells-22m-worth-of-tesla-shares-following-blockbuster-q3-rally">third-quarter numbers</a> in late October, the Wood-led firm sold $22.2 million worth of the stock.
Wood has highlighted Tesla&#8217;s<a href="https://www.benzinga.com/markets/equities/24/10/41200165/cathie-wood-predicts-trillion-dollar-revenue-opportunity-for-tesla-in-autonomous-vehicles-winner"> trillion-dollar revenue pot</a>ential in autonomous vehicles. On the topic she said, &#8220;The company that gets people from point A to point B the fastest, safest, and with the least wait time is going to dominate the market.&#8221;
See Also: <a href="https://www.benzinga.com/24/11/42022585/michael-van-de-poppe-says-bitcoin-ethereum-and-altcoins-close-to-the-point-where-investors-can-buy-the-dip?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Michael Van De Poppe Says Bitcoin, Ethereum And Altcoins Close To The Point Where Investors Can &#8216;Buy The Dip&#8217;</a> 
Other Key Trades:
<ul>
<li>Ark purchased shares of Blade Air Mobility (BLDE) and sold shares of Rocket Lab USA Inc (RKLB).</li>
<li>The firm sold shares of Unity Software Inc (U) and purchased shares of Crispr Therapeutics AG (CRSP).</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42025223/legendary-investor-rob-arnott-says-stock-market-looks-and-feels-like-the-year-2000-as-wall-street-rallies-after-trumps-win-likely-to-see-a-bear-market?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Legendary Investor Rob Arnott Says Stock Market &#8216;Looks And Feels Like The Year 2000&#8217; As Wall Street Rallies After Trump&#8217;s Win: &#8216;&#8230;Likely To See A Bear Market&#8217;</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

ARKK

Cathie Wood's Ark Sells $10M Of Tesla Stock As Trump's AV Plans Boost Stock

President-elect Donald Trump was discussing potential cabinet appointments with Brian Armstrong, the CEO of cryptocurrency exchange platform Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), in a closed-door meeting Monday
What Happened: The conversation would focus on cabinet and senior post appointments as Trump shapes his second administration, The Wall Street Journal <a href="https://www.wsj.com/livecoverage/stock-market-today-dow-sp500-nasdaq-live-11-18-2024/card/exclusive-trump-to-meet-privately-with-coinbase-ceo-brian-armstrong-DDkgF0xW1BW242rVeuqx">reported</a>, citing sources familiar with the matter. 
Coinbase didn&#8217;t immediately return Benzinga&#8217;s request for a comment. 
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42034692/dogecoin-killer-shiba-inu-burn-rate-skyrockets-6223-what-is-going-on?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Digs Deeper Into Cryptocurrency? B</a><a href="https://www.benzinga.com/general/social-media/24/11/42048594/trump-digs-deeper-into-cryptocurrency-bakkt-shares-soar-on-reported-interest-from-president-elects-media-company">akkt Shares Soar On Reported Interest From President-Elect&#8217;s Media Company</a>
Speculations pointed to Armstrong&#8217;s presence in <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/40001426/trump-aims-to-make-us-crypto-capital-of-the-planet-well-get-it-done" target="_blank" rel="noreferrer noopener">Trump's cryptocurrency presidential advisory council</a>, which was mentioned as part of his election promise earlier this year.
The meeting comes at a time when the cryptocurrency industry increasingly looks forward to a supportive federal government under Trump, who pledged various <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40179714/trumps-bitcoin-stockpile-plan-would-have-positive-impact-on-crypto-prices-but-would-leave-">pro-cryptocurrency initiatives</a> during the election campaign.
Why It Matters: Armstrong welcomed what he called &#8220;<a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41450334/there-has-never-been-a-more-pro-crypto-congress-than-the-next-one-heres-why" target="_blank" rel="noreferrer noopener">America&#8217;s most pro-crypto Congress ever</a>,&#8221; noting that over 219 pro-cryptocurrency candidates were elected to the House and Senate.
Coinbase&#8217;s top executive has been vocal about his vision for reducing government size and enhancing economic freedom, <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42035165/coinbase-ceo-brian-armstrong-says-doge-department-is-a-once-in-a-lifetime-opprtunity-advocates-abolishing-individual-income-tax">praising the idea</a> of a Department of Government Efficiency, or DOGE, under Elon Musk and Vivek Ramaswamy.
There have also been speculations about Charles Hoskinson, the co-founder of Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) and Cardano (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ada/usd">ADA</a>), <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41853924/cardano-up-13-as-speculation-around-charles-hoskinson-as-trump-crypto-policy-advisor-bubbles">potentially serving as a cryptocurrency policy advisor</a> in the Trump administration.
Price Action: Shares of Coinbase were down 0.74% in after-hours trading after closing up 6.40% on Monday, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42049664/paul-tudor-jones-boosts-bitcoin-holdings-potentially-making-btc-his-largest-non-options-investment">Paul Tudor Jones Boosts Bitcoin Holdings, Potentially Making BTC His Largest Non-Options Investment</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$ADA

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COIN

Trump And Coinbase CEO Brian Armstrong Reportedly In Talks Over Cabinet Appointments

Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) is set to lay off more than 2,500 employees across four U.S. states, including Washington, Oregon, South Carolina, and Missouri. This move is part of the company&#8217;s broader plan to cut 17,000 jobs, which accounts for 10% of <a href="https://www.benzinga.com/general/travel/24/11/42014904/boeing-begins-layoffs-is-the-737-max-recovery-enough-to-lift-ba-stock">its global workforce</a>.
What Happened: The layoffs will impact engineers, technicians, and non-union workers, reported Reuters. On Wednesday, the affected employees were informed that they would remain on Boeing&#8217;s payroll until Jan. 17, in compliance with federal regulations.
Boeing&#8217;s decision to issue a Worker Adjustment and Retraining Notification (WARN) in mid-November was widely anticipated. Additional layoffs are expected in December. The company may also reduce its workforce through workforce attrition, selective hiring, and the sale of subsidiaries.
The layoffs are expected to affect workers in the company&#8217;s key manufacturing hubs, providing an indication of the impact on the workforce.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42025317/dogecoin-repeating-its-historical-pattern-says-analyst-meme-coin-set-to-touch-3-by-trumps-inauguration-day-2025?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Dogecoin &#8216;Repeating Its Historical Pattern,&#8217; Says Analyst: Meme Coin Set To Touch $3 By Trump&#8217;s Inauguration Day 2025</a>
Why It Matters: The layoffs come amid Boeing&#8217;s ongoing financial struggles. In October, the company announced <a href="https://www.benzinga.com/general/travel/24/11/42014904/boeing-begins-layoffs-is-the-737-max-recovery-enough-to-lift-ba-stock">plans to cut 10% of its workforce</a>. 
Despite these challenges, Boeing has been making efforts to recover. The company recently <a href="https://www.benzinga.com/news/large-cap/24/11/41946311/boeing-forecasts-67-growth-in-global-air-cargo-fleet-by-2043-driven-by-asia-demand">forecasted a 67% growth in the global air cargo fleet by 2043</a>, driven by strong demand in Asia. This indicates that Boeing is still a key player in the aviation industry and is working to adapt to changing market conditions.
Price Action: Boeing stock closed the regular trading session at $143.87 on Monday, up 2.63% for the day. In after-hours trading, the stock edged down 0.23%. Year to date, Boeing&#8217;s stock has declined significantly, falling 42.85%, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42022585/michael-van-de-poppe-says-bitcoin-ethereum-and-altcoins-close-to-the-point-where-investors-can-buy-the-dip?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Michael Van De Poppe Says Bitcoin, Ethereum And Altcoins Close To The Point Where Investors Can &#8216;Buy The Dip&#8217;</a></li>
</ul>
Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Global

Boeing To Lay Off Over 2,500 Workers In The US Amid Global Workforce Reduction

WHLR

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

WHLRD

POLA

LGMK

WHLRL

WHLRP

Meme coin Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) is one of the cryptocurrencies that have traded higher since Donald Trump won the <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41778425/bitcoins-all-time-high-a-groundbreaking-milestone-and-strong-post-election-rally-coming-ex">2024 presidential election.</a>
The cryptocurrency trades well off of all-time highs, but Benzinga readers think the coin could go higher over the next year.
What Happened: Shiba Inu continues to see a <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42034692/dogecoin-killer-shiba-inu-burn-rate-skyrockets-6223-what-is-going-on">high burn rate</a>, an event that can increase the price of the cryptocurrency with a lower supply available.
While Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) hit new all-time highs and continues to trade higher after the 2024 election, Shiba Inu lost momentum. The cryptocurrency, which is the 11th largest by market capitalization, is down 10.5% over the past seven days with a current trading price of $0.00002457.
"Do you think Shiba Inu can reach one cent by the end of 2025," Benzinga recently asked readers.
The results were:
<ul>
<li>Yes: 47%</li>
<li>No: 53%</li>
</ul>
The Benzinga poll was nearly evenly split with 47% of readers saying they think Shiba Inu could hit one cent by the end of 2025.
Given the coin's low price currently, a move to one cent would drastically increase the valuation of the coin and is not likely without some increased burning to the supply.
For context, a $1 investment today could buy 40.700.04 SHIB. If Shiba Inu coin hit one cent, the $1 investment would turn into $407 and be up 40,600%.
Read Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41951961/bitcoin-to-100k-benzinga-readers-predict-if-btc-can-hit-new-milestone-before-end-of-2024">Bitcoin To $100K? Benzinga Readers Predict If BTC Can Hit New Milestone Before End Of 2024</a>
Why It's Important: Shiba Inu launched as a similarly themed cryptocurrency to Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41078941/if-you-invested-100-in-shiba-inu-when-the-coin-launched-heres-how-much-youd-have-now">in August 2020.</a> The coin leveraged the Ethereum network and created a decentralized exchange called ShibaSwap, which includes other tokens like BONE and LEASH.
Shiba hit an all-time high of $0.00008845 in October 2021. The coin was helped by the inclusion on several major cryptocurrency platforms like Coinbase, Kraken&nbsp;and&nbsp;Robinhood&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/22/04/26588234/shiba-inu-solana-polygon-and-compound-land-on-robinhood-what-you-need-to-know" target="_blank" rel="noreferrer noopener">in 2021 and 2022.</a>
Prior to then, it was harder for investors to buy Shiba Inu.
In September, Shiba Inu coin had a rally on news that a stablecoin called SHI could be launching. The launch of a stablecoin and the increasing burn rate of SHIB could point to increased attention on the meme coin in the coming months.
Another <a href="https://www.benzinga.com/24/11/42018208/bitcoin-ethereum-dogecoin-pepe-shiba-inu-benzinga-readers-pick-this-crypto-to-have-the-biggest-gain-before-end-of-2025">recent Benzinga poll </a>didn't have the same optimism for Shiba Inu coin compared to some other cryptocurrencies. Shiba Inu was picked last of the coins Bitcoin, Ethereum, Dogecoin, Shiba Inu and Pepe coin for which cryptocurrency would have the best return between now and the end of 2025.
Bitcoin won that poll with 40%, followed closely by Dogecoin at 36%. Shiba Inu coin ranked last at 7%.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41945659/dogecoin-to-69-cents-or-1-benzinga-readers-predict-how-high-it-could-fly-by-end-of-2024">Dogecoin To 69 Cents Or $1? Benzinga Readers Predict How High It Could Fly By End Of 2024</a></li>
</ul>
The study was conducted by Benzinga from Nov. 11 through Nov. 12, 2024, and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 47 adults.
Meme coins are among the topics to be explored at Benzinga's upcoming <a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a> event on Nov. 19.
Photo: Shutterstock

Exclusives

$DOGE

$SHIB

Will Shiba Inu Coin Reach 1 Cent By 2025? 47% Of Benzinga Readers Say…

President-elect Donald Trump seemingly agreed that military resources will be used to <a href="https://www.benzinga.com/topic/immigration">deport undocumented immigrants</a>.
What Happened: Trump's confirmation came via a repost on social media. Conservative activist Tom Fitton claimed the incoming administration will deploy military assets for a mass deportation program.
Trump's responded with the caption: "TRUE!!!" 
The statement aligns with earlier plans sketched out by Trump&#8217;s nativist advisors, including Stephen Miller and Tom Homan.
Miller and Homan, Trump&#8217;s border czar and former acting director of the U.S. Immigration and Customs Enforcement, devised the deterrence program to separate <a href="https://www.benzinga.com/news/23/05/32387527/nikki-haley-rejects-trumps-migrant-policy-to-separate-children-from-parents-should-never-get-to-that">thousands of immigrant families</a>.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">HUGE: President <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@RealDonaldTrump</a> confirms he is prepared to declare a national emergency and use the military assets to reverse the Biden invasion. <a href="https://t.co/XnqW121GnQ">pic.twitter.com/XnqW121GnQ</a>
&mdash; Tom Fitton (@TomFitton) <a href="https://twitter.com/TomFitton/status/1858487964516438088?ref_src=twsrc%5Etfw">November 18, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/economics/macro-economic-events/24/11/42027218/could-trumps-housing-plans-reshape-the-real-estate-market">Could Trump&#8217;s Housing Plans Reshape The Real Estate Market?</a>
Why It Matters: Miller, Trump&#8217;s deputy chief of staff, previously proposed using military funds to construct large-scale holding facilities for immigrants.
On Nov. 7, the day Trump&#8217;s<a href="https://www.benzinga.com/topic/2024-election"> re-election was confirmed</a>, stock opportunists pounced. The <a href="https://www.benzinga.com/general/politics/24/11/41779902/prison-stocks-geo-group-corecivic-rally-on-trump-2024-election-win-history-shows-the-gains-may-n">share prices of major prison stocks</a> — Geo Group (NYES: GEO) and CoreCivic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>) — spiked. 
Geo and CoreCivic both closed in the red Monday, down 0.83% and 1.03%, respectively.
Trump&#8217;s critics warn his deportation plans will likely lead to families being broken up and force taxpayers to shoulder the billions it will cost to <a href="https://www.benzinga.com/startups/24/11/41722059/trumps-deportation-plan-faces-criticism-as-taxpayers-shoulder-the-billions-while-big-business-stands">fund such an initiative</a>.
The use of military resources in immigration enforcement is not without precedent internationally. Several countries have turned to their armed forces to manage immigration challenges, often citing national security concerns:
<ul>
<li>The Australian government <a href="https://www.bbc.com/news/world-australia-64898507">employed</a> its military under the direction of former Australian Prime Minister Tony Abbott&#8217;s 2013 "Operation Sovereign Borders&#8221; campaign. The military's role included detaining migrants in offshore facilities — a practice widely criticized by human rights organizations for alleged abuses and inhumane conditions.</li>
<li>Italy&#8217;s navy continues to intercept migrant ships. Last week, it <a href="https://apnews.com/article/italy-albania-migrants-asylum-processing-centers-9a1a0037a4fe87bf7e4f33b02d01c382">opened</a> detention centers in Albania to process thousands of asylum-seekers outside its borders. The plan does not call for families to be separated, according to the Associated Press.</li>
<li>India has stationed military units along its borders with Bangladesh and Myanmar, citing the need to curb illegal immigration. The military operations led to the controversial expulsion of Rohingya refugees fleeing persecution in Myanmar. This drew <a href="https://www.amnesty.org/en/latest/news/2024/10/myanmar-bangladesh-rohingya-community-facing-gravest-threats-since-2017/">condemnation</a> from international bodies such as the United Nations.</li>
<li>As a key entry point for migrants entering Europe, Greece has used its military to assist in patrolling borders and managing overcrowded refugee camps on islands like Lesbos. The military's involvement has been <a href="https://www.hrw.org/news/2020/03/17/greece-violence-against-asylum-seekers-border">criticized</a> for heavy-handed and harsh tactics.</li>
</ul>
What&#8217;s Next: Trump's rhetoric creates a precedent that raises questions about the balance between national security and civil liberties.
In the lead-up to Election Day, the <a href="https://www.benzinga.com/government/21/01/19152983/donald-trump-is-the-first-us-president-to-be-impeached-twice">twice-impeached</a> former president <a href="https://www.benzinga.com/markets/equities/24/10/41196721/trumps-dark-rhetoric-migrants-portrayed-as-criminals-amid-election-heat">often made graphic criticisms</a> of migrants. Many of his claims, linking them to crime and violence, were unsubstantiated.
A KFF <a href="https://www.kff.org/health-misinformation-and-trust/poll-finding/misinformation-about-immigrants-in-the-2024-presidential-election/">poll</a> showed 80% of Americans encountered false claims about migrants increasing crime, reflecting Trump&#8217;s fearmongering strategy.
The announcement comes as Trump continues to fill key cabinet positions, with some nominees facing scrutiny <a href="https://www.benzinga.com/markets/cannabis/24/11/42036132/trump-wants-matt-gaetz-confirmed-100-so-does-the-cannabis-industry">over qualifications and conduct</a>. 
Now Read:
<ul>
<li><a href="https://www.benzinga.com/news/24/11/42026047/gaetz-nomination-in-peril-due-to-gop-resistance" target="_blank" rel="noreferrer noopener">Gaetz Nomination In Peril Due To GOP Resistance</a></li>
</ul>
Photo: Pixabay

Government

Politics

Legal

Trump Responds 'TRUE!' To Conservative's Claim That Military Will Be Used Against Immigrants

Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) shares are soaring in Monday's after-hours session following an announcement that it has engaged BDO USA, P.C. as its independent auditor, effective immediately. 
Supermicro also said it submitted a compliance plan to the Nasdaq to support its request for an extension of time to regain compliance with its <a href="https://www.benzinga.com/pressreleases/24/11/b42049971/supermicro-announces-appointment-of-bdo-usa-as-independent-auditor-and-filing-of-compliance-plan-w">continued listing requirements. </a>
The Details: Super Micro indicated in its compliance plan to Nasdaq that it believes that it will be able to complete its Annual Report on Form 10-K for the year ended June 30, 2024, and its Quarterly Report on 10-Q for the fiscal quarter ended Sept. 30, 2024, and become current with its periodic reports within the discretionary period available to the Nasdaq staff to grant.
According to Nasdaq rules, Super Micro&#8217;s securities will remain listed pending Nasdaq&#8217;s review of the compliance plan.
Read More: <a href="https://www.benzinga.com/etfs/24/11/42044642/trump-appears-frustrated-as-elon-musk-chimes-in-on-treasury-secretary-adds-more-names-to-a-list-of-potential-picks">Trump Appears &#8216;Frustrated&#8217; As Elon Musk Chimes In On Treasury Secretary, Adds More Names To Short List&nbsp;</a>
&#8220;We are pleased to welcome BDO as Super Micro&#8217;s independent auditor,&#8221; said Charles Liang, CEO of Super Micro. &#8220;BDO is a highly respected accounting firm with global capabilities. This is an important next step to bring our financial statements current, an effort we are pursuing with both diligence and urgency.&#8221; 
The company's previous auditor, Ernst &amp; Young, resigned in late October <a href="https://www.benzinga.com/trading-ideas/movers/24/10/41625460/super-micro-computer-stock-dives-as-auditor-resigns-whats-going-on">amid allegations</a> of accounting irregularities and claims of potential export control violations.&nbsp;
The company initially engaged with Ernst &amp; Young in March 2023 to audit the company's financials for its fiscal year ending June 2024. Super Micro said the auditor resigned before issuing a report on the company's financials or the company's internal controls over financial reporting.
SMCI Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Super Micro Computer shares are up 25.44% at $27.02 after gaining 15.93% in Monday's regular session.  
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/movers/24/11/41949068/bitcoin-could-reach-1-million-by-2037-economist-says-buy-of-a-lifetime-opportunity">Bitcoin Could Reach $1 Million By 2037, Economist Says: &#8216;Buy Of A Lifetime&#8217; Opportunity</a></li>
</ul>
Image: Shutterstock

After-Hours Center

Movers

Tech

What's Going On With Super Micro Computer Stock After-Hours?

<h3 class="wp-block-heading">Flipping From Neutral To Bullish</h3>
In&nbsp;<a href="https://www.zerohedge.com/news/2024-11-15/trading-binary-outcomes-explosive-stock">a post here</a>&nbsp;on Friday (&#8220;Trading Binary Outcomes On An Explosive Stock&#8221;), we opened a pair of trades structured to enable us to profit whether shares of&nbsp;Super Micro Computer, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) spiked or plummeted this week. That was based on the impact of two expected catalysts.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x26a1;&#xFE0F; Trading Binary Outcomes On An Icarus Stock &#x26a1;&#xFE0F; Making money if Supermicro spikes or tanks further ahead of two catalysts next week. <a href="https://twitter.com/search?q=%24SMCI&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SMCI</a> <a href="https://twitter.com/search?q=%24NVDA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$NVDA</a> <a href="https://twitter.com/search?q=%24DJT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DJT</a><a href="https://t.co/dRvMP8ThRt">https://t.co/dRvMP8ThRt</a>
&mdash; Portfolio Armor (@PortfolioArmor) <a href="https://twitter.com/PortfolioArmor/status/1857527027802271880?ref_src=twsrc%5Etfw">November 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
One of those catalysts was whether it would avoid delisting today. That catalyst hit after hours on Friday, with the news that the company was submitting a plan to avoid delisting.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">JUST IN: Super Micro Computer plans to submit a resolution plan by Monday to avoid Nasdaq delisting.<a href="https://twitter.com/search?q=%24SMCI&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SMCI</a> &#x1f4c8; +19% in after hours <a href="https://t.co/y7M2pPQvm5">pic.twitter.com/y7M2pPQvm5</a>
&mdash; TrendSpider (@TrendSpider) <a href="https://twitter.com/TrendSpider/status/1857563907466080411?ref_src=twsrc%5Etfw">November 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The second catalyst is Nvidia Corporation&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) earnings call on Wednesday. Presumably, analysts will ask Nvidia about the state of their business with Supermicro. 
In light of today's follow through in that price action, I have closed the bearish part of our pair of options trades from Friday, the put spread, for $0.17.
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">The stock is&nbsp;Super Micro Computer&nbsp;(<a href="https://substack.com/discover/stocks/SMCI">SMCI 3.49%↑</a>), and there are two parts to this trade:
<ol>
<li>Open a put spread expiring on November 22nd, buying the $15 strike puts and selling the $14 strike puts for a net debit of $0.33.</li>
<li>Open a call spread expiring on November 22nd, buying the $19.50 strike calls and selling the $20.50 strike calls for a net debit of $0.31.</li>
</ol>
The max profit is 56%, and that occurs with the stock above $20.50 or below $14 next Friday. The max loss is $100%, and that would occur if the stock doesn't move at all between now and next Friday.
</blockquote>
Initially, the max upside for this pair of trades was 56%. That was assuming we would take a 100% loss on one leg. But since we only took a $0.17 loss on the put leg, our total outlay drops from $0.64 per contract ($0.33 + $0.31) to $0.47 per contract [($0.33 &#8211; $0.17) + $0.31] = $0.47. Since our max return on the call spread remains $1, and our total outlay is now $0.47, our max upside now is 113%: [($1-$0.47) / $0.47] = ~$1.13.
In addition to closing the put spread, I also bought a few more underlying shares of SMCI at $21.86 today.
<h3 class="wp-block-heading">Buying A New Top Names Stock</h3>
As regular readers know, our core strategy is to buy equal dollar amounts of the&nbsp;<a href="https://portfolioarmor.com/">Portfolio Armor web app</a>'s top ten names. Then we put trailing stops of 10%-20% on them, and replace them with names from the current week's top ten when we get stopped out of a position. As of last Thursday, I had gotten stopped out of two of my top names holdings. So on Friday, I bought two new ones from Thursday night's top ten list.
<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://portfolioarmor.substack.com/p/top-names-11142024"><img loading="lazy" decoding="async" width="928" height="820" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/18222947/Top-Names-11-14.jpg" alt="" class="wp-image-3408" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/18222947/Top-Names-11-14.jpg 928w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/18222947/Top-Names-11-14-300x265.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/18222947/Top-Names-11-14-768x679.jpg 768w" sizes="(max-width: 928px) 100vw, 928px" /></a></figure>
On Friday, I got stopped out of another top name. So I bought shares of a stock that appeared in Friday night's top ten today. Subscribers can read about it&nbsp;<a href="https://portfolioarmor.substack.com/p/trade-alert-supermicro">here</a>.
<h3 class="wp-block-heading">If You Are Concerned About Market Risk</h3>
As a reminder, you can download our iPhone hedging app by clicking on the QR code below. You can also aim your iPhone camera at it.
<figure class="wp-block-image size-full"><a href="https://apps.apple.com/us/app/portfolio-armor/id394951144"><img loading="lazy" decoding="async" width="200" height="197" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/18223107/QR-Code-5.jpg" alt="" class="wp-image-3409" /></a></figure>
And if you would like a heads up next time we place a trade, you can subscribe to our trading Substack/occasional email list below.&nbsp;
If you&#8217;d like to stay in touch
You can scan find our current top ten names, and&nbsp;create hedged portfolios&nbsp;on&nbsp;<a href="https://portfolioarmor.com/">our website</a>.&nbsp;You can also follow Portfolio Armor on X&nbsp;<a href="https://twitter.com/portfolioarmor">here</a>. And you can become a free subscriber to our trading Substack using the link below (we&#8217;re using that for our occasional emails now).
<figure class="wp-block-image aligncenter size-full"><a href="https://portfolioarmor.substack.com/"><img loading="lazy" decoding="async" width="602" height="418" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/18223248/Widget-4.jpg" alt="" class="wp-image-3410" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/18223248/Widget-4.jpg 602w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/18223248/Widget-4-300x208.jpg 300w" sizes="(max-width: 602px) 100vw, 602px" /></a></figure>

General

NVDA

Turning Bullish On Supermicro

While tech companies large and small have laid off 460,000 workers since 2022, AI has been a universal growth driver across tech, adding $ billion in valuation to the Magnificent Seven alone. For tech vendors, the race is on to apply machine learning algorithms to deliver products that automate and accelerate work. VC checks slowed down since quantitative tightening but <a href="https://www.benzinga.com/opinion/23/06/32745766/despite-quantitative-tightening-vcs-are-investing-in-devops-and-ai-security">cybersecurity firms built on AI</a> – for example, <a href="https://hiddenlayer.com/">Hidden Layer</a>, <a href="https://stacklok.com/">StackLok</a>, and <a href="https://reken.ai/">Reken</a> – have raised business formation rounds on the promise of leveraging pattern matching analytics to security teams' work of detecting and remediating against cyber threats and vulnerabilities.&nbsp;
What is the AI Security Overlay?
A tantalizing next stage for AI security is an overlay that automates, tracks, and contextualizes risks across a customer's entire environment. Coined by Tyler Shields, Cybersecurity Strategist Analyst at ESG, as the AI security overlay, the platform supercharges detection, prioritization, and remediation workflows for vulnerabilities, threats, and assets. The end game looks like this: algorithms ingest and analyze threat feeds and vulnerability database details to pattern match against a customer's environment starting with the riskiest threats, as calculated by the platform, to that customer's business. It's an ambitious vision with some coincidental early movers.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Early Movers Build the AI Security Overlay&nbsp;
Several companies' existing businesses give them head starts at completing this security AI overlay. Vendors addressing zero trust, Attack Surface Management (ASM), Continuous Threat Exposure Management (CTEM), and other security issues developed overlapping tools from sharing a common cause in uncovering potential dangers dwelling in a customer's extended environment.&nbsp;
The decade-long platformization of security across different categories are merging these alphabet-soup markets. Existing technologies detect and monitor threats and known vulnerabilities across a customer's IT environment and prioritize remediation. And technologies already exist to pull security data from disparate sources, flag potential compliance violations, and risk score.
Developing AI that Unifies and Contextualizes Security&nbsp;&nbsp;
As Shields <a href="https://www.thecyberwhy.com/p/winning-in-an-ai-driven-contextual">summed up</a>, "The future of cybersecurity hinges on a strategic blend of context creation and intelligent data handling." The missing piece for the AI overlay is contextualized intelligence across application, cloud, and infrastructure risks that existing security technologies already track. The Overlay would also calculate risk (probability x loss) for each asset. The end result is the holy grail for security practitioners – prioritize what needs fixing when – if ever. Palo Alto Networks (PANW, +62.7%), CrowdStrike (CRWD, 69.49%), Zscaler (ZS, +12.5%), Tenable (TENB, +11.7%),&#x2A; and other security leaders with an eye on future proofing their business are well positioned from a combination of homegrown solutions and acquisitions that can be shaped into an AI Overlay.&nbsp;
<ul>
<li>CrowdStrike's Falcon platform maps cloud attack surface and prioritizes threats while <a href="https://www.crowdstrike.com/platform/saas-security-posture-management/">Adaptive Shield</a>, a 2024 acquisition, integrates with over 150 apps, contextualizes at-risk items, automates misconfiguration, and sheds light into human and machine identities to accelerate remediation across hybrid environments.&nbsp;</li>
<li>Palo Alto Networks is using "<a href="https://www.computerweekly.com/news/366608992/Palo-Alto-Networks-bets-on-precision-AI">precision AI</a>" – a combination of machine learning, neural networks and generative artificial intelligence (GenAI) – to ensure 100% accuracy in security decisions for customers by correlating against the 36 billion events and 7.6 petabytes of data its technologies ingest each day across its sector rich customer base.&nbsp;</li>
<li>Tenable's <a href="https://www.tenable.com/solutions/exposure-ai">ExposureAI</a> leverages attack surface data to enable "lightning-fast analysis, decision-making and guidance" to help customers make better, faster security decisions that are preventative&nbsp; versus reactive after the damage is done.&nbsp;</li>
<li>Zscaler's <a href="https://www.zscaler.com/press/zscaler-expands-its-zero-trust-exchange-ai-powered-cloud">acquisition of Avalor</a> provides additional context from data sources to make sense of security specific AI models and integrates a security data fabric to fully automate AI-driven analytics and decision-making in real-time.&nbsp;</li>
</ul>
Cloud and Data Lake Providers
While pure play security vendors have the security pieces of the Overlay, large cloud and data lake providers like Oracle and Snowflake with a robust data analytics platform can acquire and or develop the security pieces necessary for the Overlay. In particular, Magnificent 7 member Microsoft has a path through its breadth and depth of data access, including code data all the way through to runtime. Not all cloud providers make products that require code level components so they will have to integrate for data access to that data.&nbsp;
The Overlay is the Next Hot Security Market
The security AI overlay could become the biggest security category since <a href="https://www.benzinga.com/markets/23/10/35071966/a-look-at-zero-trust-market-dynamics">zero trust</a>, valued at <a href="https://www.statista.com/topics/9337/zero-trust/#topicOverview">$32 billion in 2023</a> and projected to rise to $133 billion in 2032. While several vendors today deliver bits and pieces of the platform, green pasture remains for ambitious founders capable of securing funding to tackle this part of the AI security market.&nbsp;&nbsp;&nbsp;&nbsp;
&#x2A;Values reflect YoY gains near market close on Nov 8. Writer discloses shares in Microsoft, Snowflake, and Zscaler.

The AI Overlay is the Next Hexa-Billion Dollar Security Market

President-elect Donald Trump on Saturday picked Brendan Carr to become chairman of the <a href="https://www.benzinga.com/24/11/42029445/trump-names-pro-starlink-fcc-commissioner-brendan-carr-as-chairperson">Federal Communications Commission (FCC)</a>.
What To Know: Carr, the FCC's current top Republican commissioner, has worked at the organization since 2012 and is an outspoken supporter of free speech, deregulation and economic growth in the telecommunications sector. Carr wrote the FCC chapter of <a href="https://static.project2025.org/2025_MandateForLeadership_CHAPTER-28.pdf">Project 2025</a>, a conservative political initiative spearheaded by the Heritage Foundation.&nbsp;
Project 2025: In his chapter in Project 2025, Carr expressed his support for updating and eliminating obsolete regulations to empower the private sector in developing network infrastructure. He showed particular interest in promoting technologies like Elon Musk&#8217;s Starlink and Amazon.com, Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Kuiper satellite internet services.&nbsp;
Read More: <a href="https://www.benzinga.com/etfs/24/11/42044642/trump-appears-frustrated-as-elon-musk-chimes-in-on-treasury-secretary-adds-more-names-to-a-list-of-potential-picks">Trump Appears &#8216;Frustrated&#8217; As Elon Musk Chimes In On Treasury Secretary, Adds More Names To Short List&nbsp;</a>
"This technology can beam a reliable, high-speed Internet signal to nearly any part of the globe at a fraction of the cost of other technologies. This has the potential to significantly accelerate efforts to end the digital divide and disrupt the federal regulatory and subsidy regime that applies to communications networks. The FCC should expedite its work to support this new technology by acting more quickly in its review and approval of applications to launch new satellites," Carr wrote in Project 2025.&nbsp;
Over the past year, Carr disagreed with Democratic FCC commissioners for <a href="https://www.benzinga.com/news/24/09/40672229/starlink-ineligible-for-nearly-900m-in-subsidies-says-fcc-spacex-ceo-elon-musk-says-it-is-flat-out-l">denying Starlink money</a> from a rural broadband subsidy program, including in this post on the social media platform, X:&nbsp;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://t.co/bYTx3nBpft">pic.twitter.com/bYTx3nBpft</a>
&mdash; Brendan Carr (@BrendanCarrFCC) <a href="https://twitter.com/BrendanCarrFCC/status/1851691626743370042?ref_src=twsrc%5Etfw">October 30, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Carr also called out Vice President Kamala Harris for little progress on a $42 billion program to expand broadband access, for which the U.S. Department of Commerce determined Starlink had only limited eligibility.&nbsp;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">In 2021, <a href="https://twitter.com/VP?ref_src=twsrc%5Etfw">@VP</a> Kamala Harris agreed to lead the Administration's $42 billion program to expand Internet service to millions of Americans. After 1&#xFE0F;&#x20E3;,0&#xFE0F;&#x20E3;7&#xFE0F;&#x20E3;9&#xFE0F;&#x20E3; days: 0&#xFE0F;&#x20E3; people have been connected 0&#xFE0F;&#x20E3; dollars have been spent building Internet infrastructure 0&#xFE0F;&#x20E3; projects are underway <a href="https://t.co/AdUaSOEodK">pic.twitter.com/AdUaSOEodK</a>
&mdash; Brendan Carr (@BrendanCarrFCC) <a href="https://twitter.com/BrendanCarrFCC/status/1851411463895986185?ref_src=twsrc%5Etfw">October 29, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Carr told POLITICO that <a href="https://www.politico.com/news/2024/10/18/elon-musk-brendan-carr-fcc-starlink-00184260">he believes</a> much of the broadband program's $42 billion should be used to develop land-based connections, but perhaps as much as one-third could be used for satellite internet.&nbsp;
DOGE: President-elect Trump created a new Department of Government Efficiency (DOGE) and tapped Musk and Vivek Ramaswamy to lead the department's efforts to reduce wasteful federal spending and streamline government operations. The DOGE may help to advance Carr's agenda of deregulation and empowerment of the private sector, including Musk's Starlink satellites.&nbsp;
In a recent interview on "The Joe Rogan Experience" podcast, Trump highlighted Starlink's potential to disrupt traditional land-based broadband technologies and the subsidies for providers like AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) and Comcast Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>).&nbsp;
"We're spending a trillion dollars to get cables all over the country, up to upstate areas where you have two farms, and they are spending millions of dollars to have a cable. Elon can do it for nothing," Trump said.&nbsp;
Read More:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42046316/trump-set-to-hand-musk-golden-path-for-tesla-after-reversing-course-on-autonomous-vehicle-ban">Trump Set To Hand Musk &#8216;Golden Path For Tesla&#8217; After Reversing Course On Autonomous Vehicle Ban</a></li>
</ul>
Photo: Shutterstock&nbsp;

Regulations

SPACE

AMZN

CMCSA

Trump's FCC Pick Could Cut 'Wasteful Broadband Spending' With Elon Musk's Starlink

Scotiabank analyst Allan Verkhovski initiates coverage on Sprout Social (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPT#NASDAQ">SPT</a>) with a Sector Perform rating.

Initiation

Analyst Ratings

Scotiabank Initiates Coverage On Sprout Social with Sector Perform Rating

Trading Halt: Halted at 6:41:55 p.m. ET - Trading Halt: Halt News Pending

Scotiabank analyst Allan Verkhovski initiates coverage on Veeva Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>) with a Sector Perform rating and announces Price Target of $235.

Price Target

VEEV

Scotiabank Initiates Coverage On Veeva Systems with Sector Perform Rating, Announces Price Target of $235

Scotiabank analyst Allan Verkhovski initiates coverage on Workday (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) with a Sector Outperform rating and announces Price Target of $340.

WDAY

Scotiabank Initiates Coverage On Workday with Sector Outperform Rating, Announces Price Target of $340

The apparel industry is set to hit its stride, with technological advancements, rising demand, and increased consumer spending paving the way for substantial growth. To ride this wave of opportunity, one could consider snapping up shares of top-rated apparel stocks Burlington Stores (BURL), Nordstrom (JWN), and J.Jill (JILL) for solid returns. Read on… The apparel industry is poised for robust growth owing to technological advancements and rising demand. Amid this backdrop, fundamentally robust apparel stocks Burlington Stores, Inc. (<a href="https://stocknews.com/stock/BURL/">BURL</a>), Nordstrom, Inc. (<a href="https://stocknews.com/stock/JWN/">JWN</a>), and J.Jill, Inc. (<a href="https://stocknews.com/stock/JILL/">JILL</a>) are well-positioned to capitalize on the industry's positive momentum.
The industry is on the verge of transformative changes in 2024, spurred by technological advancements and evolving consumer behaviors. These shifts are reshaping fashion trends and creating fertile ground for growth, positioning the sector to expand and capitalize on new opportunities.
Artificial intelligence is set to transform the apparel landscape by optimizing manufacturing, design, and sales processes. With <a href="https://apparelmagic.com/top-industry-trends-for-the-apparel-industry-in-2024/">personalized shopping experiences</a> driven by consumer data, AI will tailor product offerings and marketing strategies, improving customer satisfaction and driving industry growth.
Immersive technologies like virtual try-ons and augmented reality are further changing the shopping experience by allowing customers to visualize clothes before purchasing. This innovation is enhancing customer engagement and satisfaction, driving the sector's expansion as these tools become more widely adopted.
Moreover, retail data shows <a href="https://edition.cnn.com/2024/09/17/economy/us-retail-sales-august/index.html">a 0.1% increase</a> in U.S. consumer spending for August, surpassing expectations. <a href="https://www.forbes.com/advisor/investing/current-inflation-rate/">With inflation easing</a>, this spending boost indicates a favorable environment for the apparel industry. Strong consumer demand, a key driver of the economy, would benefit the sector as it continues to grow and expand.
Looking forward, the global apparel market is forecasted to grow at <a href="https://www.grandviewresearch.com/industry-analysis/apparel-market-report">a CAGR of 4.1%</a>, reaching $2.26 trillion by 2030. This projection reflects the industry's potential to thrive, fueled by technological innovations and positive economic conditions, setting the stage for sustained expansion.
Considering these trends, let's take a look at the fundamentals of the three best <a href="https://stocknews.com/category/fashion-luxury/">Fashion &amp; Luxury</a> industry stocks, starting with #3.
Stock #3: Burlington Stores, Inc. (<a href="https://stocknews.com/stock/BURL/">BURL</a>)
BURL is an off-price retailer that sells branded apparel, footwear, accessories, and home goods at reduced costs. The company also offers a wide range of fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, baby, beauty, footwear, accessories, home, toys, gifts, and coats.
On August 31, BlackRock, Inc. (<a href="https://stocknews.com/stock/BLK/">BLK</a>), a prominent global investment firm, significantly <a href="https://finance.yahoo.com/news/blackrock-inc-strategic-acquisition-burlington-052720628.html">boosted its stake in BURL</a> by purchasing 163,876 additional shares at $268.24 per share. The strategic investment highlights BLK's strong belief in BRUL's promising growth opportunities and its positive outlook on the company's future performance.
BURL's trailing-12-month gross profit margin of 43.08% is 15.8% higher than the 37.19% industry average. Moreover, the stock's trailing-12-month ROCE, ROTC, and ROTA of 45.17%, 7.24%, and 5.48% are 299%, 19%, and 32.8% higher than the industry averages of 11.32%, 6.08%, and 4.12%, respectively.
BURL's revenue for the fiscal 2024 second quarter, which ended on August 3, increased 13.4% year-over-year to $2.47 billion. Its <a href="https://www.investopedia.com/terms/a/adjusted-ebitda.asp">adjusted EBITDA</a> rose 43.3% from the year-ago value to $201.84 million. Additionally, the company's adjusted net income amounted to $77.49 million, or $1.20 per share, up 99.3% and 100% year-over-year, respectively.
For the fiscal 2024 third quarter, BURL anticipates <a href="https://www.burlingtoninvestors.com/news-releases/news-release-details/burlington-stores-inc-reports-second-quarter-2024-earnings">a 10% to 12% increase</a> in total sales, with adjusted EPS estimated between $1.45 and $1.55. Additionally, the company has raised its full-year margin and earnings outlook, projecting total sales growth of 9% to 10% and adjusted EPS of $7.66 to $7.96.
Street expects BURL's revenue and EPS for the fiscal 2025 third quarter (ending in October 2024) to increase 11.6% and 58% year-over-year to $2.56 billion and $1.55, respectively. Moreover, the company has surpassed the consensus revenue and EPS estimates in three of the trailing four quarters, which is impressive.
Shares of BURL have gained 15.8% over the past three months and 82.9% over the past year to close the last trading session at $270.29.
BURL's solid prospects are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
BURL has an A grade for Growth and a B for Momentum, Sentiment, and Quality. It is ranked #15 out of 59 stocks in the A-rated <a href="https://stocknews.com/category/fashion-luxury/">Fashion &amp; Luxury</a> industry.
<a href="https://stocknews.com/stock/BURL/">Click here</a> to see BURL's Value and Stability ratings.
Stock #2: Nordstrom, Inc. (<a href="https://stocknews.com/stock/JWN/">JWN</a>)
JWN is a fashion retailer offering private-label merchandise for women, men, young adults, and children. It operates its Retail segment through two key divisions: Nordstrom and Nordstrom Rack. The company also has arrangements with agents and contract manufacturers for private-brand merchandise.
On August 20, JWN announced plans to open its new store, <a href="https://press.nordstrom.com/news-releases/news-release-details/nordstrom-rack-open-new-location-surprise-arizona">Nordstrom Rack in Surprise, Arizona</a> in fall 2025. Located in the bustling Prasada North shopping center, the new store could enhance JWN's presence and continue delivering its fashion offerings to the local community.
On August 13, JWN unveiled plans to <a href="https://press.nordstrom.com/news-releases/news-release-details/nordstrom-rack-open-new-location-morrisville-north-carolina">open a new Nordstrom Rack store</a> in Morrisville, North Carolina, with a grand opening set for spring 2025. Positioned in the popular Park West Village shopping center, this expansion could boost JWN's visibility and market reach, driving customer engagement and supporting sustained growth.
JWN's trailing-12-month ROCE of 34.02% is 209.3% higher than the sector average of 11.32%. Additionally, the stock's trailing-12-month ROTC of 6.63% is 9.1% higher than the industry average of 6.08%. Moreover, its asset turnover ratio of 1.72x is 73.9% higher than the industry average of 0.99x.
JWN's net sales for the fiscal 2024 second quarter, which ended on August 3, increased 3.4% year-over-year to $3.79 billion. Its adjusted EBITDA rose 19.9% from the year-ago value to $379 million. Plus, the company's net earnings amounted to $122 million. Meanwhile, its adjusted EPS rose 14.3% from the previous year's period to $0.96.
Analysts expect JWN's revenue and EPS for the fiscal year 2026 (ending in January 2026), to increase 1.9% and 1.5% year-over-year to $15.11 billion and $1.89, respectively. Furthermore, the company surpassed the consensus revenue and EPS estimates in three of the trailing four quarters.
Shares of JWN have gained 3.4% over the past three months and 53.2% over the past year to close the last trading session at $22.56.
It's no surprise that JWN has an overall rating of B, which translates to a Buy in our proprietary rating system.
JWN has an A grade for Value and a B for Momentum and Quality. Within the same industry, it is ranked #9.
To see JWN's additional ratings for Stability, Sentiment, and Growth, <a href="https://stocknews.com/stock/JWN/">click here</a>.
Stock #1: J.Jill, Inc. (<a href="https://stocknews.com/stock/JILL/">JILL</a>)
JILL is a national lifestyle brand offering apparel, footwear, and accessories through retail and direct channels. Its products are sold through its e-commerce platform and catalog, as well as its retail stores. The company also has three sub-brands, Pure Jill, Wearever, and Fit, and offers accessory collections.
JILL's trailing-12-month gross profit margin of 70.59% is 89.8% higher than the 37.19% industry average. Additionally, the stock's trailing-12-month EBITDA margin of 17.66% is 54.2% higher than the industry average of 11.45%.
Moreover, the stock's trailing-12-month levered FCF margin and trailing-12-month net income margin of 7.95% and 6.72% are 51.2% and 49.6% higher than the industry averages of 5.25% and 4.49%, respectively.
For the fiscal 2024 second quarter, which ended August 3, 2024, JILL reported net sales of $155.24 million. The company's adjusted income from operations was $24.94 million, and adjusted EBITDA was $30.19 million. Moreover, adjusted net income for the quarter was $15.83 million, or $1.05 per share.
For the fiscal 2025 third quarter (ending October 2024), JILL's revenue is expected to increase marginally year-over-year to $151.02 million. For the ongoing quarter, its EPS is expected to grow by 2.1% from the prior year to $0.80. Also, the company surpassed the consensus revenue and EPS estimates in all four trailing quarters.
Shares of JILL have gained 6.9% over the past six months to close the last trading session at $25.50.
JILL's promising outlook is reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.
JILL has an A grade for Quality and a B for Value. Within the Fashion &amp; Luxury industry, it is ranked #7 out of 59 stocks.
To access JILL's additional ratings for Growth, Sentiment, Momentum, and Stability, <a href="https://stocknews.com/stock/JILL/">click here</a>.
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BURL shares were unchanged in premarket trading Wednesday. Year-to-date, BURL has gained 38.98%, versus a 19.36% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Aanchal Sugandh</h2> <img src='https:/wp-content/uploads/2022/12/Aanchal-Sugandh_Headshot.jpg' style="float:left; padding:5px;width:125px;">Aanchal's passion for financial markets drives her work as an investment analyst and journalist. She earned her bachelor's degree in finance and is pursuing the CFA program.

She is proficient at assessing the long-term prospects of stocks with her fundamental analysis skills. Her goal is to help investors build portfolios with sustainable returns.<a href="https://stocknews.com/authors/?author=aanchal-sugandh">More...</a>The post <a href=https://stocknews.com/news/burl-jwn-jill-blk-3-top-rated-apparel-stocks-for-fashionable-gains/>3 Top-Rated Apparel Stocks for Fashionable Gains</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Top-Rated Apparel Stocks for Fashionable Gains

The retail sector is expanding with innovations in technology, marketing, and rising incomes, coupled with growing demand for both essentials and luxury items, making it a compelling investment opportunity now. Therefore, Target (TGT), Tapestry (TPR), and J.Jill (JILL) are wise portfolio additions, as they are poised for a comeback. Keep reading... The retail industry shows promise this year due to subsiding inflation, which boosts household purchasing power and supports retail demand. Manufacturing has rebounded, highlighting economic strength and further fueling retail growth, with stable demand for consumer staples, household items, and even luxury goods.
Therefore, investors might consider investing in strong retail stocks such as Target Corporation (<a href="https://stocknews.com/stock/TGT/">TGT</a>), Tapestry Inc. (<a href="https://stocknews.com/stock/TPR/">TPR</a>), and J.Jill, Inc. (<a href="https://stocknews.com/stock/JILL/">JILL</a>). Despite recent declines over the past six months, these retail giants are primed for a strong comeback.
As we enter Q4, with holidays approaching, consumers flock to big-box outlets for food, gifts, and online purchases. Businesses respond by offering variety, convenience, and personalized experiences to meet changing demands, driving industry growth. The National Retail Federation forecasts retail sales will rise between <a href="https://nrf.com/media-center/press-releases/nrf-forecasts-retail-sales-reach-least-523-trillion-2024">2.5% and 3.5% in 2024</a>, reaching $5.23 to $5.28 trillion.
Meanwhile, luxury brands are expanding physical stores, reinvesting in flagship locations, and exploring hospitality ventures. High-end malls attract luxury brands with low vacancy rates, offering stable retail environments. Hence, with rising disposable income and consumer demand for unique experiences, the global luxury goods market is projected to grow at a <a href="https://www.grandviewresearch.com/industry-analysis/luxury-goods-market-report">CAGR of 6.8%</a> from 2024 to 2030.
Considering these conducive trends, let's examine the fundamentals of the three retail picks mentioned above.
Target Corporation (<a href="https://stocknews.com/stock/TGT/">TGT</a>)
TGT operates as a general merchandise retailer in the United States. It offers apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as jewellery, accessories, and shoes; beauty and personal care, baby gear, cleaning, paper products, and pet supplies.
On September 9, 2024, TGT announced The Cuddle Collab, its first exclusive pet collection featuring over 180 items inspired by pet influencers. The collection launches on September 21, 2024, with prices starting at $3, and includes accessories, toys, treats, and home décor for pets and their owners.
On June 24, 2024, TGT announced a partnership with Shopify to feature select Shopify merchants on Target Plus, its online marketplace. This collaboration will bring new brands and products to Target Plus and introduce some Shopify items to TGT's stores nationwide.
In terms of the trailing-12-month Return on Common Equity, TGT's 33.97% is 219.5% higher than the 10.63% industry average. Its 12.18% trailing-12-month Return on Total Capital is 75.1% higher than the 6.96% industry average. Likewise, its 1.97x trailing-12-month <a href="https://www.investopedia.com/terms/a/assetturnover.asp">asset turnover ratio</a> is 132.3% higher than the industry average of 0.85x.
For the second quarter, which ended on August 3, 2024, TGT's total revenue rose 2.7% year-over-year to $25.45 billion, and its operating income was $1.63 billion, up 36.6% over the prior-year quarter. The company's net earnings and adjusted EPS stood at $1.19 billion and $2.57, respectively, representing increases of 42.7% and 42.4% year-over-year.
Street expects TGT's EPS and revenue for the quarter ending October 31, 2024, to increase 9.4% and 2.2% year-over-year to $2.30 and $25.96 billion, respectively. It surpassed the consensus EPS estimates in three of the trailing four quarters. Over the past year, the stock has gained 30.2% to close the last trading session at $156.49.
TGT's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its strong fundamentals. It has an overall rating of A, equating to a Strong Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It has a B grade for Value, Momentum, and Quality. Within the A-rated <a href="https://stocknews.com/category/grocery-big-box-retailers/">Grocery/Big Box Retailers</a> industry, it is ranked #8 out of 37 stocks. To see TGT's ratings for Growth, Stability, and Sentiment, <a href="https://stocknews.com/stock/TGT/">click here</a>.
Tapestry Inc. (<a href="https://stocknews.com/stock/TPR/">TPR</a>)
TPR provides luxury accessories and branded lifestyle products internationally. The company operates in three segments: Coach, Kate Spade, and Stuart Weitzman.
In terms of the trailing-12-month levered FCF margin, TPR's 13.89% is 173.1% higher than the 5.09% industry average. Its 18.83% trailing-12-month EBIT margin is 139.3% higher than the 7.87% industry average. Likewise, its 6.09% trailing-12-month Return on Total Assets is 46.2% higher than the industry average of 4.17%.
During the fourth quarter that ended on June 29, 2024, TPR's net sales came in at $1.59 billion. Its gross profit rose marginally year-over-year to $1.19 billion. The company's net income was reported at $159.30 million, or $0.68 per share. Moreover, as of June 29, 2024, its total assets stood at $13.40 billion, compared to $7.12 billion as of July 1, 2023.
Analysts expect TPR's EPS for the quarter ending September 30, 2024, to increase 2.1% year-over-year to $0.95. Its revenue for the quarter ending March 31, 2025, is expected to rise 1.8% year-over-year to $1.51 billion. It surpassed the consensus EPS estimates in each of the trailing four quarters. TPR's stock has gained 41.7% over the past year to close the last trading session at $42.82.
It's no surprise that TPR has an overall rating of B, which translates to a Buy in our proprietary POWR Ratings system.
It has a B grade for Quality. It is ranked #24 out of 59 stocks in the A-rated <a href="https://stocknews.com/category/fashion-luxury/">Fashion &amp; Luxury</a> industry. Beyond what we stated above, we also have given TPR grades for Growth, Value, Momentum, Stability, and Sentiment. Get all the TPR ratings <a href="https://stocknews.com/stock/TPR/">here</a>.
J.Jill, Inc. (<a href="https://stocknews.com/stock/JILL/">JILL</a>)
JILL is an omnichannel retailer of women's apparel under the J.Jill brand. The company offers casual wear, athletic wear, loungewear, footwear, and accessories, including scarves and jewelry. The company markets its products through retail stores, websites, and catalogs.
In terms of the trailing-12-month net income margin, JILL's 6.72% is 47% higher than the 4.57% industry average. Likewise, its 17.66% trailing-12-month EBITDA margin is 54.8% higher than the 11.41% industry average. Moreover, the stock's 1.52x trailing-12-month asset turnover ratio is 53.7% higher than the 0.99x industry average.
JILL's net sales for the fiscal second quarter that ended on August 3, 2024, were $155.24 million. The company's adjusted income from operations was $24.94 million. Likewise, its adjusted net income and adjusted net income per share stood at $15.83 million and $1.05 per share, up 21% and 20.8% over the prior-year quarter. Additionally, its adjusted EBITDA came in at $30.19 million.
For the quarter ending October 31, 2024, JILL's EPS is expected to increase 2.1% year-over-year to $0.80. Its revenue for the same quarter is expected to grow marginally year-over-year to $151.02 million. JILL surpassed the Street EPS estimates in each of the trailing four quarters. Over the past six months, its stock has gained 3.4% to close the last trading session at $25.56.
JILL's bright prospects are reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.
JILL has an A grade for Quality and a B for Value. Within the Fashion &amp; Luxury industry, it is ranked #6. To access JILL's additional ratings for Growth, Momentum, Stability, and Sentiment, <a href="https://stocknews.com/stock/JILL/">click here</a>.
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TGT shares were trading at $154.33 per share on Friday afternoon, down $2.16 (-1.38%). Year-to-date, TGT has gained 11.67%, versus a 20.28% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/tgt-tpr-jill-3-beaten-down-retail-stocks-that-are-ready-for-a-comeback/>3 Beaten-Down Retail Stocks That Are Ready for a Comeback</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Beaten-Down Retail Stocks That Are Ready for a Comeback

The Gap: Looking For A Turnaround Continuation In Q3 (Rating Upgrade)

With retail on the upswing, apparel brands are responding to consumer shifts toward sustainability, digital shopping, and values-driven choices. Thus, we present fundamentally strong apparel stocks Ross Stores (ROST), Nordstrom (JWN), and J.Jill (JILL), ready to capitalize on these trends as the industry adapts to new expectations. Read on... As the retail industry rebounds, apparel companies are increasingly capitalizing on emerging trends such as sustainability, personalization, and expansion into the metaverse. This shift presents significant opportunities for growth, making companies like Ross Stores, Inc. (<a href="https://stocknews.com/stock/ROST/">ROST</a>), Nordstrom, Inc. (<a href="https://stocknews.com/stock/JWN/">JWN</a>), and J.Jill, Inc. (<a href="https://stocknews.com/stock/JILL/">JILL</a>) attractive options for investors looking to capitalize on the evolving retail landscape.
U.S. <a href="https://www.reuters.com/markets/us/us-retail-sales-increase-solidly-september-2024-10-17/">retail sales increased by 0.4%</a> in September, surpassing economists' forecast of 0.3%. Additionally, the rise of online shopping, coupled with trends toward sustainability, omnichannel engagement, and values-driven purchasing, underscores how major retailers are adapting to meet shifting consumer expectations.
The apparel market is set for strong growth, driven by e-commerce expansion, rising incomes, and a shift toward branded, especially luxury, products. The women's apparel segment benefits from more women in the workforce, and evolving fashion trends keep the mature market competitive, with companies forming alliances and using strategic advertising to boost revenue. The apparel market is projected to grow from $1.36 trillion in 2024 to $1.78 trillion by 2029, exhibiting a robust<a href="https://www.mordorintelligence.com/industry-reports/apparel-market/market-size#:~:text=The%20Apparel%20Market%20size%20is%20estimated%20at%20USD,CAGR%20of%204.63%25%20during%20the%20forecast%20period%20%282024-2029%29."> CAGR of 4.6%</a>.
Considering these conducive trends, let's examine the <a href="https://stocknews.com/category/fashion-luxury/">Fashion &amp; Luxury</a> stocks in detail.
Stock #3: Ross Stores, Inc. (<a href="https://stocknews.com/stock/ROST/">ROST</a>)
ROST, through its subsidiaries, operates off-price retail stores under the Ross Dress for Less and dd's DISCOUNTS brands in the U.S., offering apparel, accessories, footwear, and home fashions at discounted prices.
On October 21, ROST expanded its presence with 43 new Ross Dress for Less and four dd's DISCOUNTS stores across 22 states, completing its 2024 growth plan of 89 new locations. This expansion supports Ross's goal of increasing market reach, with long-term plans to reach 2,900 Ross and 700 dd's DISCOUNTS stores nationwide.
On August 21, 2024, ROST declared a quarterly cash dividend of $0.3675 per share, payable on September 30, 2024. It pays an annual dividend of $1.47, which translates to a <a href="https://www.investopedia.com/terms/d/dividendyield.asp">dividend yield</a> of 1.03% at the prevailing price levels, higher than the four-year average yield of 0.95%.
During the fiscal second quarter that ended August 3, 2024, ROST's sales increased 7.1% year-over-year to $5.29 billion. In addition, the company's net income and EPS came in at $527.15 million and $1.59, up 18.2% and 20.5% over the prior-year quarter, respectively.
Analysts expect ROST's EPS and revenue for the quarter ended October 31, 2024, to increase 6.6% and 5% year-over-year to $1.42 and $5.17 billion, respectively. It surpassed the Street EPS and revenue estimates in each of the trailing four quarters, which is impressive.
Over the past year, the stock has gained 17.4% to close the last trading session at $142.32. It soared 2.8% year-to-date.
ROST's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
ROST has a B grade in Sentiment and Quality. It is ranked #18 out of 61 stocks in the B-rated <a href="https://stocknews.com/category/fashion-luxury/">Fashion &amp; Luxury</a> industry.
Beyond what we have stated above, we also have given ROST grades for Growth, Momentum, Stability and Value. Get all the ROST's ratings <a href="https://stocknews.com/stock/ROST/ratings/">here</a>.
Stock #2: Nordstrom, Inc. (<a href="https://stocknews.com/stock/JWN/">JWN</a>)
JWN is a fashion retailer offering apparel, shoes, beauty, accessories, and home goods for all ages through its Nordstrom and Nordstrom Rack stores, online platforms, and Last Chance clearance outlets.
On September 4, 2024, the special committee of JWN, Board of Directors confirmed receiving a proposal from Erik and Pete Nordstrom, along with other family members and El Puerto de Liverpool, S.A.B. de C.V to acquire all outstanding shares of the company which excludes those held by the Nordstrom family and Liverpool, for $23.00 per share in cash.
On September 18, JWN announced that its Board of Directors approved a quarterly dividend of 19 cents per share. It pays an annual dividend of $0.76, which translates to a dividend yield of 3.32% at the prevailing price levels.
In the fiscal first quarter ended August 31, 2024, JWN's net sales increased 3.4% year-over-year to $3.79 billion. Its total revenues rose 3.2% from the prior-year quarter to $3.89 billion.  Moreover, its net earnings were $122 million, and adjusted EPS stood at $0.96, up 14.3% year over year.
Street expects JWN's for the third quarter ending October 31, 2024, to increase marginally year-over-year to 3.34 billion. Its EPS for the same quarter is expected to be $0.22. It surpassed the consensus revenue estimates in three of the past four quarters.
The stock climbed 53.5% and 23.1% year-to-date to close the last trading session at $22.72.
JWN's POWR Ratings reflect strong prospects. The stock has an overall rating of B, translating to a Buy in our proprietary rating system.
It has a B for Value and Quality. It is ranked #6 in the same industry.
To access JWN's Growth, Momentum, Stability, and Sentiment ratings, click <a href="https://stocknews.com/stock/JWN/ratings/">here</a>.
Stock #1: J.Jill, Inc. (<a href="https://stocknews.com/stock/JILL/">JILL</a>)
JILL is an omnichannel retailer offering women's apparel, footwear, and accessories under the J.Jill brand across the U.S. It reaches customers through retail stores, its website, and catalogues.
On October 2, JILL paid a quarterly cash dividend of $0.07 per share The company pays an annual dividend of $0.28, which translates to a dividend yield of 1.17% at the prevailing price levels, which is higher than its four-year dividend yield of 0.04%.
JILL reported a net sales of $155.24 million in the fiscal 2024 second quarter that ended on August 3, 2024. Its adjusted income from operations amounted to $24.94 million, while its adjusted net income amounted to $15.83 million. The adjusted net income per share reported during this period is $1.05
Street expects JILL's revenue for the fiscal third quarter (ended October 2024) to increase marginally year-over-year to $151.02 million. Its EPS for the same quarter is expected to grow 2.1% from the prior year to $0.80.
Shares of JILL have gained 5.5% over the past nine months to close the last trading session at $24.77.
JILL's bright prospects are apparent in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
It has an A in Quality and a B grade for Value and Sentiment. Within the same industry, it is ranked #3.
Click <a href="https://stocknews.com/stock/JILL/ratings/">here</a> to see JILL's ratings for Momentum, Stability, and Growth.
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ROST shares rose $3.31 (+2.33%) in premarket trading Wednesday. Year-to-date, ROST has gained 3.61%, versus a 22.48% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Kritika Sarmah</h2> <img src='https:/wp-content/uploads/2022/08/Kritika-Sarmah_Image-3.jpg' style="float:left; padding:5px;width:125px;">Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor's degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.<a href="https://stocknews.com/authors/?author=kritika-sarmah">More...</a>The post <a href=https://stocknews.com/news/rost-jwn-jill-3-apparel-stocks-to-buy-as-retail-rebounds/>3 Apparel Stocks to Buy as Retail Rebounds</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Apparel Stocks to Buy as Retail Rebounds

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Press Releases

J.Jill, Inc. Announces First Quarter 2024 Results

J.Jill Invests in Helping Women Find What Feels Right with New Trade-In Experience for Clothes They'll Actually Love to Wear

J.Jill Announces Proposed Public Offering of Common Stock

J.Jill Announces Pricing of Public Offering of Common Stock

J.Jill, Inc. Utilizes Proceeds From $31 Million Primary Equity Offering to Pay Down Debt

J.Jill, Inc. to Report Second Quarter Fiscal Year 2024 Results on September 4, 2024

J.Jill, Inc. Announces Quarterly Dividend

J.Jill, Inc. Announces Participation in the Goldman Sachs 31st Annual Global Retailing Conference

J.Jill Appoints Courtnee Chun to Board of Directors

J.Jill, Inc. Announces Second Quarter 2024 Results

American Eagle Outfitters, Inc. Common Stock

American Eagle Outfitters

a.k.a. Brands Holding

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Buckle

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Designer Brands Inc. Class A Common Stock

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Foot Locker

Genesco

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Lands' End

MYT Netherlands Parent B.V. American Depositary Shares, each representing one Ordinary Share

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