Retail Stocks That Are on the Rise
Photo credit: Thomas Hawk / Foter / Creative Commons Attribution-NonCommercial 2.0 Generic (CC BY-NC 2.0)
According to the retailer Container Store, consumers are in a spending “funk” with the exception of a couple of retailing stocks which are performing very well this year.
Тhere are 11 stocks in the Standard and Poor’s 500 index boar which have shown a 20% increase in value. Some of them are even expected to show higher earnings next period.
Some of the well performing stocks are Footlocker, Signet Jewells, William-Sonoma and TripAdvisor. FootLocker showed an incredible growth rate of 23% with the expectance of the stock to rise another 17% by the end of July.
Read the full article at UsaToday.com.