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Consumer Sector Update for 01/07/2019: NEPT, DLTR, LGIH, WMT, MCD, DIS, CVS, KO


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Top Consumer Stocks:

WMT: Flat

MCD: +0.34%

DIS: +0.26%

CVS: +1.77%

KO: +0.48%

Most consumer stocks were inching higher in pre-bell trading Monday.

Stocks moving on news include:

(+) Neptune Wellness Solutions ( NEPT ), which was gaining nearly 24% in value after announcing that it has received its license to process cannabis from Health Canada.

(+) Dollar Tree ( DLTR ) was up more than 3% as activist investor Starboard Value said the discount variety store company was "deeply undervalued and significant opportunities exist to create value."

(+) LGI Homes ( LGIH ) was over 4% higher as it reported an all-time record for home closings during a single month with 884 homes closed in December, representing a 14.8% year-over-year growth.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Business , Commodities
Referenced Symbols: NEPT , DLTR , LGIH , WMT , MCD



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