Wednesday, 17 October 2018 08:58

Retail Stocks with Room to Run

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(New York)

Retail stocks have come back in a big way since their slump in 2017. The whole sector seems to be having a revival in investors’ minds, but challenges remain. Rising costs pressures, tariff complications, and a looming backlog of inventory all look bleak. Consumer spending this Christmas may also be subdued. With valuations high again, there are still some great undervalued names, according to Barron’s. For instance, take a look at Nike, Tiffany, and Amazon.

FINSUM: We hardly think Amazon is a retail stock with room to run. That said, Nike and Tiffany are much more interesting as value picks.

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