Promising Apparel Stocks To Watch Today – June 13th

GameStop, Walmart, and Berkshire Hathaway are the three Apparel stocks to watch today, according to MarketBeat’s stock screener tool. Apparel stocks are shares of publicly traded companies whose primary business involves designing, manufacturing, marketing or retailing clothing and fashion accessories. These stocks tend to be sensitive to consumer trends, seasonality and broader economic cycles, as sales volumes and profit margins can fluctuate with fashion preferences and changes in discretionary spending. These companies had the highest dollar trading volume of any Apparel stocks within the last several days.

GameStop (GME)

GameStop Corp., a specialty retailer, provides games and entertainment products through its stores and ecommerce platforms in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, and virtual reality products; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads.

NYSE:GME traded up $0.80 on Friday, reaching $22.94. 34,887,195 shares of the company’s stock were exchanged, compared to its average volume of 12,686,331. The firm has a market capitalization of $10.26 billion, a price-to-earnings ratio of 127.31 and a beta of -0.69. The business has a fifty day moving average of $27.98 and a 200-day moving average of $27.41. GameStop has a 52-week low of $18.73 and a 52-week high of $35.81.

Walmart (WMT)

Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

NYSE:WMT traded down $0.06 on Friday, reaching $94.77. 7,574,624 shares of the company’s stock were exchanged, compared to its average volume of 17,853,134. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $758.24 billion, a price-to-earnings ratio of 39.31, a price-to-earnings-growth ratio of 4.42 and a beta of 0.69. The business has a fifty day moving average of $95.54 and a 200-day moving average of $94.04. Walmart has a 52-week low of $65.95 and a 52-week high of $105.30.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

NYSE:BRK.B traded down $0.79 on Friday, reaching $489.56. 1,280,781 shares of the company’s stock were exchanged, compared to its average volume of 4,367,047. The firm has a market capitalization of $1.06 trillion, a price-to-earnings ratio of 9.88, a price-to-earnings-growth ratio of 3.45 and a beta of 0.85. The business has a fifty day moving average of $511.68 and a 200-day moving average of $491.19. Berkshire Hathaway has a 52-week low of $403.33 and a 52-week high of $542.07.