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.
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’ ,,,
your best bet should be BestBuy, they released good earnings recently and look good going into christmas.
References :
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’ ,,,
References :
Retail 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.
References :
http://www.traderbots.com/stocks/StockBasket.aspx?basketId=278