Eight "Strong Buy" Retail Stocks

Good evening,

After the 2020 e-commerce boom, everyone thought we had taken a 10-year leap in online shopping.

Amazon was opening new distribution centers everywhere. FedEx was working around the clock. Budding entrepreneurs were starting direct-to-consumer e-commerce brands left and right.

It felt like the golden age of e-commerce was here, but then everything just went back to normal. It turns out that big retail chains, like Target and Walmart, are more resilient than one might think.

Of course, there will be winners and losers like in every market. No one is talking about investing in Sears or RadioShack stock anymore, but some categories of retail are seeing significant earnings growth. Some chains are even having their best year ever.

There are more than 500 national retailers trading on the major U.S. exchanges, so it can be hard to identify which retailers will outperform their peers given the sheer number of big box stores, warehouse clubs, restaurant chains, and other retail stores listed on public markets.

Fortunately, some of Wall Street’s top-rated research analysts have already done most of the work for us. Across multiple research firms, top analysts are telling their clients to buy up shares of these eight stocks. They believe these companies have a strong chance to pop in the next year.

If you are looking to make a play in retail stocks in the next few months, chances are the company that you should invest in is on this list.

View the 8 Retail Stocks to Own for the Long Haul

William Bushee
MarketBeat

 

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