4 Retail Stocks to Buy as the Sector Continues to Grow

Retail sales picked up to close out 2023 on a Fed outlook that projected at least three interest rate cuts in 2024 and the holiday spirit, which ensured that consumers spent on staples and discretionaries.The retail sales numbers for November released in December painted a rosy picture. Per the Commerce Department, retail sales rose 0.3% from October to $705.7 billion, widely surpassing the consensus estimate of 0.1%. The October number was revised up to a 0.2% loss from the previously reported 0.1% loss.In ...