3 Stocks to Watch This Week
The market went ultra-bullish last week, with promising data for Pfizer's COVID-19 vaccine candidate giving investors something to feel positive about. We've seen bank stocks find life. Airline shares have taken off. And this week is a big one for retail. Several big names are reporting earnings, and the results will factor in to how retail finds momentum.
COVID-19 really hit apparel retailers hard. Kohl's (NYSE: KSS) was no exception. Whereas grocers remained open, Kohl's stores were largely shut down, causing revenue to collapse a whopping 31.5% through the first six months of fiscal 2020 to $5.84 billion. Kohl's did reopen its stores in the second quarter, which obviously bodes well for a better third quarter.
Source Fool.com
