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Wall Street Fundamentals Releases New In-Depth Stock Reports on COST, JWN, M and TGT

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By Wall Street Fundamentals

On Wednesday, the Commerce Department reported retail sales, excluding automobiles, gasoline and building materials, rose 0.5 percent in October. Economists had expected core sales to rise by 0.3 percent, according to data collected from Reuters. “It reinforces the current narrative of sustained growth momentum in the recovery going into the last quarter of the year, even at a time when the economy was contending with the headwinds created by the government shutdown,” said Millan Mulraine, senior economist at TD Securities in New York. The larger than expected gain comes as a welcome sign to retailers as they head into the crucial holiday season. Here is how some retailers reacted Wednesday:

Costco Wholesale Corporation (NASDAQ: COST) shares traded in the range of $122.43 to $124.21 Wednesday before settling to close at $122.76, a decrease of 0.70 percent. The stock appears to be facing some resistance at the $124.53 and $125.80 levels with some support at $121.33. Shares of Costco Wholesale have gained approximately 24.0 percent in 2013.

More information on Costco Wholesale and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/COST

Nordstrom, Inc. (NYSE: JWN) shares traded in the range of $61.64 to $62.53 Wednesday before settling to close at $61.76, a decrease of 0.18 percent. The stock appears to be facing some resistance at the $62.15 and $62.84 levels with some support at $61.69. Shares of Nordstrom have gained approximately 15.0 percent in 2013.

More information on Nordstrom and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/JWN

Macy’s, Inc. (NYSE: M) shares traded in the range of $50.47 to $51.00 Wednesday before settling to close at $50.96, an increase of 1.09 percent. The stock appears to have some support at the $50.75, $50.39 and $49.73 levels. Shares of Macy’s have gained approximately 30.0 percent in 2013.

More information on Macy’s and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/M

Target Corporation (NYSE: TGT) shares traded in the range of $66.22 to $67.25 Wednesday before settling to close at $66.49, a decrease of 0.21 percent. The stock appears to be facing some resistance at the $68.03 and $71.25 levels with some support at $65.92. Shares of Target have gained approximately 12.0 percent in 2013.

More information on Target and access to the free equity report can be found at:
www.WallStreetFundamentals.com/TGT

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com