Container Store (The) Common Stock (TCS)

The U.S. court’s reversal of Trump’s tariffs is a potential game changer for Indian exporters, says investment advisor Adarsh Nimborkar. He sees near-term upside in stocks like TCS, Bajaj Auto, L&T, and Sun Pharma.

Overall, the IT index has fallen 24% year-to-date (YTD). The global macro uncertainty driven by US President Trump's tariff measures weighs heavily on the sector.

The Container Store Group’s recent drop is part of a massive decline over the last roughly 10 years that was only interrupted a few times.  

Container Store and Beyond, Inc. stocks rise in premarket trading after announcing a $40 million investment partnership to enhance customer experience.

TCS has been rallying within Intermediate Wave (5) Orange since September 2022 lows registered around 2920 mark. The above can be clearly subdivided into five waves potentially terminating close to 4600 on September 02, 2024. 

The LSEG U.S. Retail and Restaurant Q2 earnings index, which tracks changes in the growth rate of earnings within the sector, is expected to show a 12.7% growth over last year’s levels.

TCS stock jumped more than 80% Thursday for seemingly no reason. Are investors mixing up The Container Store with Tata Consultancy Services?

While there are some consumer goods companies that will always do well, these three are retail stocks to sell given the current economy.