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It seems as though people have been undeterred by the increasing inflation. So it’s no surprise that for 2021, the NRF is predicting the highest holiday retail sales on record.
Given this backdrop, it could be wise to add quality departmental store stocks Macy’s, Inc. (M), Kohl’s Corporation (NYSE:KSS), and Dillard’s, Inc. (NYSE:DDS) to your portfolio now. These companies beat the earnings estimates in the last reported quarter and are well-positioned to grow in the upcoming months.
