Greenrule: What retail stocks are doing good in the market?
I need to pick a retail market for school and I would like to know if there are any particular stocks that I should know about to pick. I would like a stock that is doing good.
Answers and Views:
Answer by john
your best bet should be BestBuy, they released good earnings recently and look good going into christmas.
Nordstrom does OK since it’s clientele tend to be recession proof,
Amazon.com will likely continue to perform well as the economy improves and Wal-Mart will trudge along,,
True Religion and Abercrombie & Fitch will likely to do better when the young crowd start buying stuff again,
Other than getting lucky retail stocks are pretty much a pick-em’ ,,,
Answer by TraderBots.comRetail is kinda big. I bet various sub industries perform differently. I’ve attached an overview analysis of the technicals of various retail stocks.
Hope it helps.
Leave a Reply