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Five Things To Watch For In Retail Stocks This Year
2015-01-05 22:07:21| Apparel - Topix.net
As the U.S. economy improves and lower gas prices free up consumer spending, specialty retailers this year are poised to gain on new management, lower cotton costs and stronger finances, Jefferies said in a research note Monday. Here are its five takeaways for 2015: to buy from hold with a 50 price target and named the stock its best new idea of 2015, citing popularity in the company's Old Navy stores "among fast-fashion, value-oriented consumers."
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Category:Consumer Goods and Services