Halloween decorations are coming down, and the 2017 holiday shopping season is starting to ramp up, meaning it’s once again time to put retail stocks on your radar. While most people will be eyeing the circulars stuffing their mailboxes and newspapers in search of the best prices for toys, electronics and apparel, investors will see a different angle — opportunities to take a compelling position in retailers, preferably before Black Friday gets here.
While long-term investors normally shouldn’t care much about a Christmastime trade, consider this:
The current state of the industry has been brutal for some retailers, but it also has become an opportunity for survivors of the so-called retail apocalypse. Turnarounds are in view for a few of these stocks, and the upcoming busy shopping season may be more than grounds for a quick trade — they may cement some turnaround efforts into place. For other solid retailers, this year’s November and December shopping mania could confirm these outfits are as strong as investors already think they are.
Take a closer look at these eight retail stocks to buy before Black Friday. Their fortunes could improve soon after this year’s shopping bonanza.
SEE ALSO: 7 Retail Stocks That Need to Be Rescued
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Date — November 1, 2017 4:00 am
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