The Retail and Consumer Discretionary SPDR (XLY) and the Retail HOLDRs (RTH) might attract some attention in the coming weeks. Time Warner, Home Depot, Disney, Target, Lowe’s and Wal-Mart are just some of the companies that are poised to profit from a better than expected holiday shopping season. These stocks are also some of the top holdings in XLY and RTH.
Wal-Mart, the world’s largest retailer said Saturday that it expects to post a solid 4.3 percent gain in same-store sales for November, helped by better-than expected sales during the post-Thanksgiving day shopping rush.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.