Inflation worries and fears about a potential recession have caused many retail stocks to pull back in recent months. Both low and high quality retail stocks have sold off, which does not seem justified, and which has resulted in buying opportunities in some of these retail stocks. In this article, we’ll showcase three retail industry stocks that promise attractive total returns over the coming years.
Undervalued retail dividend stocks are available after the recent selloff: Gap (GPS) is a clothing and accessories retailer that operates worldwide. Dick’s Sporting Goods (DKS) is a sporting goods retailer that started out as a fishing-focused shop more than 70 years ago. Best Buy (BBY) is a leading consumer electronics retailer that operates in the United States and Canada.
Source: InvestorPlace
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