Stocks

Key Stocks To Watch Amid Mixed U.S. Futures: Focus on Best Buy, H World, and Others

Published November 24, 2023

As U.S. stock futures show a mixed performance on Friday morning, investors are turning their attention to several key stocks that might shape the trading day. Among those, consumer electronics retail giant Best Buy Co BBY, with its headquarters in Richfield, Minnesota, is likely to be in focus alongside H World Group Limited HTHT, a hospitality company based in Shanghai, China that specializes in a range of hotel operations.

Earnings Spotlight: H World Group Limited HTHT

Before the market opens, Wall Street anticipates the release of quarterly earnings from H World Group Limited HTHT. This company, firmly grounded in the hospitality sector within the People's Republic of China, is being closely monitored after its shares witnessed a slight decline of 0.1% to $36.87 in the after-hours trading session.

Other Stocks in the Limelight

Retailers such as American Eagle Outfitters AEO, headquartered in Pittsburgh, Pennsylvania, and known for its apparel and accessories under the popular American Eagle and Aerie brands, are also garnering interest. Meanwhile, retail heavyweight Walmart Inc WMT, an American multinational with a vast network of hypermarkets and grocery stores, remains a stock to watch due to its significant influence in the retail landscape.

As the trading day unfolds, investor focus could also shift towards companies such as Best Buy Co BBY, which is seen as a bellwether in the consumer electronics sector. Insights from their earnings and performance metrics will provide important cues to market participants regarding the health of the retail sector, particularly consumer electronics sales.

stock, earnings, retail