November Sales Signal Stellar Holiday Season: 4 Retail Stocks to Buy

November’s retail sales growth has given retailers a reason to cheer as the holiday shopping season reaches its epitome. The Commerce Department reported a 0.7% increase in sales, following October's upwardly revised reading of 0.5%. Retail sales, which reached an impressive $724.6 billion, highlight the underlying economic strength and showcase strong consumer spending on motor vehicles and online merchandise.A resilient labor market, steady wage gains and solid household finances fueled consumer spending ...