There are preps all around for the holiday season. Consumers eye discounts, and retail stores increase their in-store workforce. With inflation finally showing signs of slowing down and consumer demand remaining robust, it could be wise to pick up fundamentally strong retail stocks Walmart (WMT), Dollar General (DG), Dillard’s (DDS), Torrid Holdings (CURV), and J.Jill (JILL) to capitalize on the holiday retail sales boom. Continue reading….
The Fed has aggressively increased interest rates this year to tame the multi-decade-high inflation. After six consecutive interest rate hikes, inflation seems to have started cooling off, as evidenced by October’s lower-than-expected Consumer Price Index (CPI).