We started with Citi Investment Research’s top global retail picks for an “hourglass” recovery (benefiting retailers on the high and low ends). After drilling down into the fundamentals and valuations, here are our five favorit…
Retail stocks tend to rise ahead of other sectors in the early stages of an economic recovery, and so far, following a familiar pattern, both up-market and discount chains have benefited at the expense of middle-market players. So is it time to buy stock in wholesale clubs?
Continue reading Face-Off on Stocks: Costco, BJ’s, Wal-Mart
Face-Off on Stocks: Costco, BJ’s, Wal-Mart originally appeared on DailyFinance on Tue, 12 Oct 2010 08:27:00.
Filed Under: Investing, Wal-Mart Stores, Costco, Stock Picks, Retail, Video, Market News, Special Report
Target Corp. will open its first smaller, “urban” store in Seattle in 2012, marking attempts by the second-largest U.S. discount store chain to boost business by expanding beyond its largely suburban customer base.
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