Invest in retail stocks like Amazon and The Gap for solid returns in 2025.
From Nasdaq: 2024-12-18 07:58:00
The U.S. retail sector has shown resilience with steady sales growth despite price pressures and higher borrowing rates. Retail sales jumped more than expected in November, indicating a robust consumer sector. As the Federal Reserve hints at more rate cuts, investing in retail stocks like Amazon, The Gap, Williams-Sonoma, Tapestry, and Urban Outfitters could lead to solid returns.
Amazon.com, Inc. is a dominant player in e-commerce and cloud computing with expected earnings growth of 19.9% next year. The Gap, Inc. offers a diverse range of clothing and accessories with an expected earnings growth rate of 6.9% for next year. Williams-Sonoma, Inc. specializes in premium home products with an expected earnings growth rate of 2.5% for next year. Tapestry, Inc. offers fine accessories and gifts with an expected earnings growth rate of 6.1% for next year. Urban Outfitters is a lifestyle retailer with expected earnings growth of 8% for next year.
Zacks is naming its top 10 stocks for 2025, with historical performance suggesting impressive returns. From 2012 to November 2024, the Zacks Top 10 Stocks gained over 2,000%, outperforming the S&P 500. Stay tuned for the release of the top 10 stocks on January 2 for potential investment opportunities.
Read more at Nasdaq: Buy These 5 Retail Stocks With Upside for 2025 as Sales Continue to Grow
