For Immediate Release
Chicago, IL – February 11, 2010 – Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this week’s analysis include Signet Group (SIG), Tiffany (TIF), Big Lots (BIG), Sears Holdings (SHLD) and Tuesday Morning (TUES).
Zacks Industry Rank Analysis is written by Dirk Van Dijk, CFA, Chief Equity Strategist for Zacks.com.
Retailers on the Rise
While with Valentines Day almost upon us, jewelry purchases might not seem that frivolous, but in the bigger scheme of things, does anyone really NEED jewelry? It is among the most discretionary of discretionary purchases. The group is relatively small with just four firms in it, but it moved up 57 spots to land in 9th place out of the 255 industries we now (just revamped and up from 206) cover.
The overall Zacks Rank for the group is 2.00 — a nice improvement from the 2.75 it had last week. The two firms sporting coveted Zacks #1 Ranks were Signet Group (SIG), Tiffany’s (TIF).
The customer profile for the average shopper at Big Lots (BIG) could not be more different than the profile for the average shopper at Tiffany’s. Yet it too sports a Zacks #1 Rank and is part of the Discount Retailers. That group now sits in 22nd place after an improvement of 10 spots. Its overall Zacks Rank is at 2.31 vs. 2.38 last week. Other Discounters with Zacks #1 Ranks include Sears Holdings (SHLD), the owner of K-Mart, and Tuesday Morning (TUES).
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Contact: Dirk Van Dijk, CFA
Company: Zacks.com
Phone: 312-265-9211
Email: pr@zacks.com
Visit: www.zacks.com
