Published on 8 Feb 2024 on InvestorPlace via Yahoo Finance
3 Sorry Retail Stocks to Sell in February While You Still Can
The stock market is soaring. But the prosperity is not necessarily being distributed equally. For many consumers, between inflation, high housing prices, and a shifting job market, times are tough. This has led to this list of retail stocks to sell.
Numerous retailers are reporting that their customers are pulling back. And that’s still even with headline GDP numbers coming in quite strongly. If and when a recession does hit, retailers will face a most difficult operating environment. And it could be a mortal blow for these struggling retail stocks to sell that have already fallen on hard times today.
Big Lots (BIG)