3 Retail Stocks to Add to Your Cart in May
HDHome Depot(HD) investorplace.com·2024-05-23 21:28

The U.S. retail sector, recognized as the world’s largest, has demonstrated remarkable resilience. It expanded by nearly 20% in 2021 with strong growth continuing into 2022. This surge, fueled by $800 billion in stimulus checks and additional programs, presents attractive investment opportunities in retail stocks. And, it highlights the sector’s robust potential for continued profitability.Despite the volatile environment marked by a 40-year inflation high in June 2022 and 11 Federal Reserve rate hikes by J ...