Analyzing the Impact of Black Friday on Stock Market Companies
Market Mondays
EYL Network
5.0 • 4.1K Ratings
🗓️ 6 December 2023
⏱️ 9 minutes
🧾️ Download transcript
Summary
Join us for this Market Monday's episode, as Rashad Bilal, Ian Dunlap, and Troy Millings discuss the record-breaking $9 billion in online sales recorded during Black Friday, and its impact on stock market companies. The hosts delve into the performance of various companies such as Best Buy, Ross, Macy's, Cole, Target, TJ Maxx, Walmart, and Amazon, analyzing their potential in the stock market. They also highlight the significance of Amazon's remarkable performance and its dominance in the shipping industry, surpassing UPS and FedEx.
The hosts break down the year-to-date performances of these companies, revealing the stark contrasts in their success. While some companies have experienced declines, others like Amazon and Shopify have seen significant growth, reflecting the changing landscape of retail towards e-commerce. They also touch on the shift to online purchasing, the impact on big box retail, and the boom in commercial real estate.
Furthermore, the hosts examine the state of the economy in light of the $9.8 billion online sales figure and elaborate on consumer spending behaviors regardless of economic circumstances. They discuss the widening wealth gap and its implications on the economy, as well as the innovative marketing strategies employed by companies like Amazon during Black Friday. Additionally, they explore the potential future trends in streaming platforms for events like the NFL games, reflecting the evolving landscape of media and entertainment.
The discussion also addresses the potential implications and predictions for the economy heading into 2024, touching on how recessions may affect consumer spending and the wealth gap. They offer insightful perspectives on the future stability of the economy, potential disparities in impacts, and humorous anecdotes to engage the audience.
Join this eye-opening conversation to gain valuable insights into the intersection of retail, stock market, e-commerce, and the wider economy. Don't miss out on this in-depth analysis and captivating discussion on the multifaceted impacts of Black Friday and online sales on various industries.
Hashtags:
#EYL #MMMedium #BlackFriday #OnlineSales #StockMarket #CompanyPerformance #EconomicTrends #Amazon #Shopify #ECommerce #Retail #WealthGap #NFL #StreamingPlatforms #EconomicOutlook #CommercialRealEstate #ConsumerSpending #MarketTrends
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Speaking on Black Friday, we reported that a record, over $9 billion for online sales this year. |
| 0:08.0 | That's a record. So it was a healthy Black Friday for retail online side. |
| 0:14.4 | So let's talk about how this would affect some potential |
| 0:19.6 | companies that are traded on a stock market. |
| 0:25.0 | Yeah, you listed a few. You had Best Buy Ross, Macy's, Cole, Target, |
| 0:28.0 | T.J. Mags, Walmart, and Amazon. |
| 0:30.0 | So you want to kind of go by each one? |
| 0:32.8 | You want to just run them down? |
| 0:34.4 | We'll start it out. |
| 0:35.7 | Yeah, best buy. |
| 0:37.3 | Not one of my favorites. |
| 0:39.6 | I think they have a bunch of challengers. |
| 0:41.3 | I would maybe be swing trade best buy. I think we have one |
| 0:46.4 | behemoth that we can't forget about. I think Troy for a while you've been |
| 0:50.7 | saying this is your stock of the year we'll get that in the second. |
| 0:53.2 | Yep number two Ross I do like. |
| 0:55.6 | Um, and in down times Ross does get a little bit more popular for people who are trying to save money. |
| 1:03.7 | The company is pretty well-ran. The stock performs relatively well. |
| 1:07.6 | So I like that one, Macy's, not so much. I'll skip past that. |
| 1:12.0 | Kohl's is okay. |
| 1:13.4 | Target should make a rebound within two or three years. |
| 1:16.1 | So I'm kind of in the middle of the road on target, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from EYL Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of EYL Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.