5 Discount Retail Stocks That Could Outperform In This Economy


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With the U.S. Federal Reserve wanting to raise interest rates and the Canadian economy in a technical recession, stock markets on both sides of the border are shaky. This is likely weighing on the minds of the average consumer, who may already be forgoing luxury purchases. The big winner in this scenario are discount retail stores, which could include the companies on our list today.Tuesday Morning Corp. (NASDAQ: TUES) - $7.89

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Discount StoresTuesday Morning Corporation is a merchandiser and retailer of off-price, upscale decorative home accessories, housewares, seasonal goods and gifts that sell below retail prices charged by department stores and specialty and on-line retailers in the United States. The Company sells upscale home furnishings, housewares, gifts and other related items. Tuesday Morning's merchandise primarily consists of home decor, furniture, bed and bath, kitchen, electrics, luggage, toys, crafts, pets, and seasonal goods.
  • Market Cap: $453,674,090
  • Revenue (LTM, CAD): $1,083,341,935
  • Debt (LFQ, CAD): $0
  • EBITDA (LTM, CAD): $28,940,410
Coupons.com Incorporated (NYSE: COUP) - $10.35Advertising & MarketingCoupons.com Incorporated operates a digital promotion platform that connects brands and retailers with consumers. The Company has over 2,000 brands from approximately 700 consumer packaged goods companies (CPG). It delivers digital coupons to consumers, including coupon codes, and media and advertising through its platform, which includes its Web, mobile and social channels, as well as those of its CPGs, retailers, and its network of approximately 30,000 publishers, that display its coupon and advertising offerings on their websites.
  • Market Cap: $1,128,540,624
  • Revenue (LTM, CAD): $275,524,447
  • Debt (LFQ, CAD): $9,368,250
  • EBITDA (LTM, CAD): -$8,700,732
Continue reading about the 5 discount retail stocks...

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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