Don't let the "sell in May" crowds leave you snoozing for the next few months. There are plenty of events that will shape the market in June.
Here are a few of the days that I plan to approach with eyes wide open this month.
Growth investors feeling that retailers lack serious octane have probably never tried lululemon athletica
The retailer's been blasting through analyst guesstimates with ease, as the one-two punch of heady expansion and eye-popping store-level sales growth knocks out cynics.
Its holiday quarter was another beauty. Revenue climbed 53% during its fiscal fourth quarter, fueled by a 28% spike in comps. There may have been a lull during the darkest recessionary stretches, but lululemon's been rocking now that shoppers don't have a problem paying up for premium active wear.
If lululemon longs want a cruel lessons on how hot retailers can cool off over time, they can always wait a few days and check in on Best Buy
The consumer electronics retailer has fallen hard. Revenue, earnings, and store-level comps have all declined in back-to-back quarters. Remember when the liquidation of its nearest rival was supposed to be an opportunity? Now some fear that Circuit City going Obit City was simply a case of foreshadowing.
The success of lower-priced online retailers and the gradual migration of CDs, DVDs, books, and video games from physical distribution to digital have hurt Best Buy. We'll see if it's making any progress against the trends in two weeks, but analysts see the declines going for a three-peat.
Chrome wasn't built in a day, but Chrome notebooks will be launched in one.
If Microsoft doesn't fear the disruptive threat of Google, it may want to check in on Research In Motion
RIM may also discuss the PlayBook, its recently launched tablet that has definitely not been the iPad killer that some had hoped it would be.
There's a lot riding on the release, and not just because the original Pixar flick raised the bar so high.
Disney itself needs to bounce back after a disastrous box office run with Mars Needs Moms. As big as the family entertainment giant may be, that one animated movie's lackluster showing was enough to sink Disney's latest quarter.
This is the second Pixar movie to crank out a sequel, so the theatrical release's success may very well dictate how the studio monetizes its other cinematic hits.
What will you be looking forward to this month? Share your thoughts in the comment box below.
The Motley Fool owns shares of Best Buy, Apple, Microsoft, lululemon athletica, and Google. Motley Fool newsletter services have recommended buying shares of Walt Disney, Google, Apple, Microsoft, Best Buy, and lululemon athletica, as well as creating a bull call spread position on Apple and a diagonal call position on Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Longtime Fool contributor Rick Munarriz wonders if there has ever been a dull month on Wall Street. He does not own shares in any of the stocks in this story, except for Disney. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.