Do Retailer Stocks Point to Holiday Winners?


24/7 Wall St.

Holiday retailers fall into at least two groups so far this year. One group includes companies that face low expectations. Best Buy Co. Inc. (NYSE: BBY) and JCPenney Co. Inc. (NYSE: JCP) belong in this category. The expected winners include long-time successes, particularly Wal-Mart Stores Inc. (NYSE: WMT) and Amazon.com Inc. (NASDAQ: AMZN). The movement of the stocks of these companies tells, at the very least, the combined opinion of Wall St. and its analysts about those that have overperformed and underperformed.

If traders are correct, Amazon should post big Christmas season results. Shares in the world’s largest e-commerce company have risen from $328 five days ago to $344. Data from research firm Comscore lists Amazon.com as the top online retail destination, so the rise should be expected. Walmart shares, on the other hand, have struggled a little, up from $68 five…

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