Skip to main content

Wingstop, Guess rise; CarMax, Emergent BioSolutions fall

Thursday, April 1, 2021 | The Associated Press

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:

Taiwan Semiconductor Manufacturing Company Ltd., up $6.52 to $124.80.

The chipmaker said it will spend $100 billion over the next three years to increase manufacturing capacity.

Micron Technology Inc., up $4.20 to $92.41. The chipmaker gave investors an encouraging profit forecast after reporting solid fiscal second-quarter financial results.

Angi Inc., up $1.66 to $14.66.

The online marketplace for home services increased its majority stake in MyBuilder.

Wingstop Inc., up $8.66 to $135.83.

The restaurant chain gave investors an encouraging first-quarter financial update.

Guess Inc., up $1.06 to $24.56.

The clothing company handily beat Wall Street's fiscal fourth-quarter profit forecasts.

United Therapeutics Corp., up $25.07 to $192.34.

The Food and Drug Administration expanded approval of the biotechnology company's pulmonary hypertension treatment Tyvaso.

CarMax Inc., down $9.35 to $123.31.

The used car dealership's sales fell short of analysts' forecasts during its fiscal fourth-quarter.

Emergent BioSolutions Inc., down $12.45 to $80.46.

Johnson & Johnson is scrapping a batch of COVID-19 vaccine made by the biopharmaceutical company due to quality concerns.

Featured Article: How to Invest in Stocks with Increasing Dividends

7 Outdoor Recreation Stocks For Growth And Dividends

If American’s liked outdoor activities before, they love them even more now. The COVID-19 pandemic has done many things, and one of them is reinvigorating American’s love of the outdoors. Data from across the industry shows a sustained uptick in revenue that has the entire complex moving higher.

The RV Industry Association, for example, reports shipments of RVs are up greater than 30% in 2020 and are expected to grow another 20% or more in 2021. If data from the two of the industry’s largest manufacturers are any indication, that forecast is very conservative.

And the gains aren’t limited to RVs. Everything that has anything to do with outdoor recreation is booming. Sales at Dicks Sporting Goods, an iconic brand for retail and the outdoors, has seen a sustained 20% increase in revenue since the 2nd quarter shutdowns. If anything, revenue in this sector is being held back by rapidly declining inventory and tight shipping conditions.

The stocks we are about to show all have something in common; the outdoors. Within the group, you will find everything from RVs to Radios and everything in between an outdoor enthusiast could need or want. Some pay dividends and some don’t, but all will deliver solid returns to investors in 2021.

View the "7 Outdoor Recreation Stocks For Growth And Dividends".

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Johnson & Johnson (JNJ)2.3$170.22flat2.37%26.76Buy$185.70
Micron Technology (MU)2.4$79.70flatN/A30.08Buy$107.88
Wingstop (WING)1.7$136.23flat0.41%141.91Buy$164.40
United Therapeutics (UTHR)1.7$197.87flatN/A18.72Buy$227.14
Compare These Stocks  Add These Stocks to My Watchlist 

MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.