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This basket consists of stocks gaining popularity from health and wellness.
Lululemon Athletica Inc.
Under Armour, Inc.
Herbalife Nutrition Ltd.
Foot Locker, Inc.
Dick's Sporting Goods, Inc.
GNC Holdings, Inc.
Apple's new products, Goldman's reservations about the stock, iPhone security issues and its trillion-dollar valuation are the highlights of this roundup.
Newell (NWL) progresses well with its Transformation Plan, which is likely to boost its operational performance and enhance shareholder value.
Healthcare battle is heating up with the growing proliferation of fitness trackers being offered by Apple (AAPL), Fitbit, Garmin and others.
NIKE's (NKE) Consumer Direct Offense as well as international and NIKE Direct businesses position it to beat estimates in first-quarter fiscal 2020. But higher costs and currency may be spoilsports.
General Mills' (GIS) Pet segment is likely to contribute to the top line in Q1. However, the North America Retail segment may remain pressurized.
Apple (AAPL) announced an upgrade to its Watch series with the Apple Watch 5. Here's why Apple should keep leaning into the health ecosystem to stay on top.
Increasing adoption of cloud platforms, phones, phablets, tablets and other smart devices as well as apps is making acceptance of IoMT easier among the masses.
lululemon (LULU) gains from robust women's business as well as expansion in new categories and product lines, including men's wear. This places it ahead of peers in the competitive apparel space.
Smucker's (SJM) buyouts, alliances and cost-saving efforts bode well. However, lower net price realization and effects of the U.S. baking business divestiture are concerns.
Flowers Foods (FLO) is benefiting from Project Centennial, impressive price/mix and focus on expansion through acquisitions. However, soft volumes and escalated costs are concerns.
Authorities say a 91-year-old California man has died after he was arrested last year in the killing of his stepdaughter whose Fitbit helped provide clues to police. The San Francisco Chronicle reports Tony Aiello died Tuesday at a hospital in San Jose where he was taken due to "deteriorating health" from pre-existing conditions. Aiello was arrested last year in the death of 67-year-old Karen Navarra, who wore a device that tracked her steps and heart rate.
While the broader stock market is expected to move higher, momentum investing will likely take charge as investors seek higher returns in a short span.
Nike (NKE) is set to release its Q1 2020 earnings and revenue results on September 24. Is now the time to buy NKE stock amid Lululemon (LULU) & Adidas (ADDYY) competition?
GNC Holdings' (GNC) recent joint venture with vitamins and nutritional supplement manufacturer International Vitamin Corporation shows high prospects at present.