This post was originally published on this site
Overall retail sales in August were up 0.7% seasonally adjusted from July versus the Dow Jones estimate of a 0.8% decline.
Because retail sales are expected to be strong in the coming months also, we think it could be wise to bet on fundamentally sound retail stocks Target Corporation (NYSE:TGT), Caleres, Inc. (CAL), Tilly’s, Inc. (TLYS), and Tile Shop Holdings, Inc. (TTSH). Each of these stocks is rated A (Strong Buy) in our proprietary POWR Ratings system.
