5 Best Retail Stocks to Buy Now, According to Analysts – January 2024

From Nasdaq:

Retail stocks are poised for a positive outlook, driven by consumer spending. According to TipRanks’ Stock Screener, Five Below (NASDAQ:FIVE), PDD Holdings (NASDAQ:PDD), Alibaba (NYSE:BABA), Walmart (NYSE:WMT), and Amazon (NASDAQ:AMZN) are the top five retail stocks to consider for investment.

Five Below offers high-quality products for teens and pre-teens priced below $5. PDD Holdings is a Chinese e-commerce platform with a perfect Smart Score of 10. Alibaba, known for its e-commerce, retail, internet, and technology, has a perfect Smart Score of 10 as well with an upside potential of 57.7%. Walmart is a multinational retail corporation with an upside potential of 10.7% and a Smart Score of 9. Amazon, a multinational technology and e-commerce company, has an upside potential of 18.4% with a Smart Score of 9.



Read more: 5 Best Retail Stocks to Buy Now, According to Analysts – January 2024