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3 Retail Stocks to Watch With Contrarian Potential
DKSDick's Sporting Goods(DKS) Schaeffers Investment Research·2024-10-17 19:02

For the second-straight month, retail sales exceeded estimates. However, SPDR S&P Retail ETF (XRT) is lower by 0.4% at last check after opening the session higher. Three sector stalwarts -- with an emphasis on apparel -- are reacting in a variety of ways, and worth a closer look. DKS Could Burn Short Sellers Dick's Sporting Goods Inc (NYSE:DKS) stock is holding steady, up 1.6% to trade at $216.18. DKS is up 47% in 2024 but is roughly 10% off its Aug. 23 highs. The upside: there's support in place at the sha ...