4 Retail Stocks to Buy Now for Strong Holiday Season Gains
As the holiday season approaches, retailers are bracing up for modest growth amid a tough economic backdrop. Factors such as inflation, ongoing geopolitical tensions and a contentious presidential election are expected to influence consumer behavior, leading to cautious spending activity. The National Retail Federation (NRF) projects that holiday sales will increase between 2.5% and 3.5%, the lowest growth rate seen in six years.Despite the anticipated slowdown, holiday spending will still be substantial. T ...