Wall Street Fundamentals Releases New In-Depth Stock Reports on DWA, HD, NKE and SBUX
Consumer-discretionary stocks – auto makers, retailers, media companies, consumer services companies, consumer durables and apparel companies – have experienced major gains in 2013 as confidence in the U.S. economy continues to grow. Consumer-discretionary stocks have been the top performing group within the S&P 500 Index with a 25 percent gain in 2013. According to FactSet, the group is expected to an earnings growth of 3.0 percent year-over-year, which is second to only the financial sector in the S&P 500.
Dreamworks Animation Skg Inc. (NASDAQ: DWA) shares traded in the range of $24.01 to $25.07 Wednesday before settling to close at $24.35, a decrease of 2.76 percent. The stock appears to be facing some resistance at the $25.19 and $27.68 levels with some support at $23.52. Shares of Dreamworks Animation have gained approximately 47.0 percent in 2013.
More information on Dreamworks Animation and access to the free equity report can be found at:
www.WallStreetFundamentals.com/DWA
The Home Depot, Inc. (NYSE: HD) shares traded in the range of $80.39 to $81.23 Wednesday before settling to close at $80.44, an increase of 0.27 percent. The stock appears to be facing some resistance at $84.02 with some support at the $80.08 and $76.04 levels. Shares of Home Depot have gained approximately 30.0 percent in 2013.
More information on Home Depot and access to the free equity report can be found at:
www.WallStreetFundamentals.com/HD
NIKE, Inc. (NYSE: NKE) shares traded in the range of $62.57 to $63.67 Wednesday before settling to close at $63.33, an increase of 1.0 percent. The stock appears to be facing some resistance at $65.91 with some support at the $62.82 and $61.39 levels. Shares of Nike have gained approximately 22.7 percent in 2013.
More information on NIKE and access to the free equity report can be found at:
www.WallStreetFundamentals.com/NKE
Starbucks Corporation (NASDAQ: SBUX) shares traded in the range of $67.89 to $69.82 Wednesday before settling to close at $68.20, a decrease of 1.90 percent. The stock appears to be facing some resistance at $70.33 with some support at the $68.12 and $67.22 levels. Shares of Starbucks have gained approximately 27.0 percent in 2013.
More information on Starbucks and access to the free equity report can be found at:
www.WallStreetFundamentals.com/SBUX
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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.
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