Tag Archive for Stocks

4 Stocks Benefiting from Strong Consumer Spending

Massive fiscal stimulus spending and an improving job market on the back of a national COVID-19 vaccination program have been driving growth in consumer spending in the U.S. And since retail sales are by far the main driver of the U.S. economy—accounting for about one-third of consumer spending—the retail sector is expected to grow significantly going forward on rising consumer spending. So, we think leading players in this space—Walmart (WMT), Target (TGT), Albertsons (ACI), and Macy’s (M)—are uniquely positioned to benefit, and as such are worth more than a second look by investors. Read on.

Read more...

2 Overvalued Retail Stocks Wall Street Hates

The retail industry has grown remarkably over the past year on the back of increasing demand for online shopping, and immersive experiences offered by digitally sophisticated retail stores. While most stocks in the sector are thriving, there are some significantly overvalued players that Wall Street analysts detest. Cases in point are Gap (GPS) and Abercrombie & Fitch (ANF).Their weak fundamentals do not justify their premium valuations. Hence, we think they should be avoided now.

Read more...