Two stocks in the consumer discretionary sector, CAVA Group Inc (CAVA) and Ross Stores Inc (ROST), are showing signs of being overbought, with their Relative Strength Index (RSI) values exceeding 70. This could be a warning for investors who prioritize momentum in their trading strategies.
Ross Stores is set to report its second-quarter earnings on August 22nd. While analysts anticipate strong results, investors are also eyeing the company’s dividend potential. This article explores how much stock you’d need to own to generate $500 or $100 in monthly dividend income from Ross Stores.
