read this article for the details: Barrons on retail stocks
I'm particularly interested in the luxury brands retailers as long term holds. Nordstroms is an excellent example. Well managed company with some of the highest margins in the biz. P/E ratio is near 5 year lows and balance sheet is better than competitors.
I'd watch the stock price carefully as it's a heavily shorted stock currently and may be subject to a "short squeeze" which would push up the stock price only temporarily. Wait for the price to settle, preferably in the low 30's.
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