Costco, Home Depot, and 3 Other Retail Stocks to Scoop Up Now—and 1 to Avoid

Updated June 12, 2022 / Original June 10, 2022

  • Order Reprints
  • Print Article

Home Depot is one of the retail stocks that are worth buying after the sector’s latest selloff. Stefani Reynolds/AFP/Getty Images

Tolstoy wrote that all happy families are alike. The same could be said about the retailer stocks that are worth buying after the sector’s latest selloff: Each is likely to sidestep the surge of discounting among big-box stores.

Retail has been on the ropes for weeks now, after Walmart (ticker: WMT) and Target (TGT) delivered downbeat earnings reports in mid-May and lowered their outlooks. Inventory was one problem. Both rushed to stock their shelves amid transportation and supply-chain gridlock, just as consumers were shifting…

 » Read More  » Read More

Tags: No tags

Comments are closed.