Reply To: Traders Market Weekly: Holiday Sales and Jobs


Barron’s mentions:

The cover story delves into how this holiday shopping season could see retail bifurcation in which lower-end and higher-end stores are the main channels through which Americans shop and the large middle tier of retail sees pressure. Adding weight to the theory, a recent UBS study indicated that for the first since 2014 more Americans were planning to shop for gifts this holiday at discount stores than department stores.

The publication sees more near-term upside for Dollar General (DG), TJX Companies (TJX), Ulta Beauty (ULTA), and Walmart (WMT) than Gap (GPS), Kohl’s (KSS), Macy’s (M), and VF Corp. (VFC). Cell tower REITs American Tower (AMT), Crown Castle (CCI), and SBA Communications (SBAC) landed a favorable writeup this week. All three tower REITs are noted to be selling at compelling prices despite showing strong earnings results.