Ignore the Buzz… This Retail Stalwart Is Losing the Battle


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Ignore the Buzz… This Retail Stalwart Is Losing the Battle

BLUE CHIP STOCKS, RETAIL INVESTMENTS, STOCKS TO AVOID
 

Want a contrarian play? Check out the retail sector.

This year, retail stocks – represented by the S&P 500 Retail Index (RLX) – are up 14.3%.

By contrast, the S&P 500 has barely budged.

The gap between the two indexes actually began to widen in November 2017 – around the holiday season.

You might be surprised by the extent of that outperformance, given the fierce competition and cannibalization within the retail sector. But many retailers are feeding off strong holiday sales and earnings. In addition, retail and food sales snapped a downtrend in March by rising 0.6%, having fallen by 0.2% and 0.1% in January and February, respectively.

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