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Three Apparel Retail Stocks to Add to Your Portfolio Right Now

July 8, 2023
in Trade Tube
Reading Time: 1 min read
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The U.S. Census reported that clothing and clothing accessories stores retail sales grew 1.5% in May, after being flat in April. The year over year growth was clocked at 2.2%. Indicating that the U.S. economy is on solid ground, overall retail sales rose 1.2% in May and April’s number was revised upwardly to 0.2%. Here are some of the best apparel retail stocks TheStreet Quant Ratings says you should consider looking at. Number 3 is Caleres. With an ‘A’ rating, the company’s strengths can be seen in its revenue growth and solid stock price performance. 2nd is, Ross Stores. This rating is also an ‘A.’ Ross Stores thrives in its solid stock price performance and notable return on equity. Number 1 is Foot Locker. With an ‘A+’ rating the company flourishes in its revenue growth and increase in net income. TheStreet Ratings are algorithmic stock picks based on 32 major data points. S&P 500 stocks rated ‘buy’ yielded a 16.5% return in 2014, beating the S&P 500 Total Return Index by more than 300 basis points. For the full reports on these stocks, you can check out TheStreet.com/QuantRatings.

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