|
|
Article: To Buy or Not to Buy: 4 Retailers Worth Considering - Investment Ideas
- Article from:
- Zacks Investment Research - Investment Ideas
- Article date:
- November 5, 2009
- Author:
CopyrightCopyright 2009 Zacks Investment Research. (Hide copyright information)
|
To Buy or Not to Buy: 4 Retailers Worth Considering - Investment Ideas
Is this the time to invest in retail stocks?
Certain retailers have seen healthy share price spikes after reporting solid quarterly results. Taking advantage of the momentum heading into holiday shopping could prove to be a prudent move. However, forecasts for this year's gift buying are not the most optimistic as the country continues to claw its way out of a recession. In fact, October's consumer sentiment report was down from September.
Yet, some retailers are seeing legitimate growth based on strong fundamentals, and not all economic reports are signaling doom and gloom. The latest GDP figure ...