Wayfair (W) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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The average of price targets set by Wall Street analysts indicates a potential upside of 28.6% in Wayfair (W). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Wayfair (W) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Wayfair stock price has gone nowhere in the past three years even as the broad market has surged to a record high. It has remained between the support at $27.67 and the resistance point at $90.8 since 2023.
Stocks soared in the first trading day of President Trump's second term, and some of the biggest winners today were Wayfair (W 8.09%), Dollar General (DG 5.11%), and Five Below (FIVE 5.76%).
Online furniture retailer Wayfair said on Friday it would lay off 730 employees as it exits the German market to focus on investments in core businesses.
Wayfair is exiting Germany and plans to cut as many as 730 jobs, or 3% of its global workforce. The online home goods company wants to reprioritize investments and sees a better return on other initiatives, such as physical retail, finance chief Kate Gulliver told CNBC.
Shares of Wayfair (W -3.72%), the online home furnishings retailer, were among the losers on the stock market this week. News on the company itself was minimal, but the Fed's decision to trim its rate-cut forecast for next year -- from four cuts to two -- hit interest-rate-sensitive stocks like Wayfair hard.
After the stock market's strong returns this year, it's challenging to find stocks that have fallen. Growth stocks, in particular, have had a good run.
December is a great time for investors to look at stocks or industries that have underperformed over the past year but that could be ripe for rebounds in the next one. One market that's showing early indicators of improvement is housing.
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