Retail Sales Beat Estimates: Time to Buy These 2 Top-Ranked Stocks?

We received some insightful and promising economic data this morning in the form of US Retail Sales.Retail activity in the United States surged by 0.6% in December 2023 compared to the previous month, surpassing expectations of 0.4% and marking the most substantial growth in three months. The upswing was primarily driven by a 1.2% increase in auto sales. When excluding auto sales, retail activity still experienced a noteworthy 0.4% uptick.The US consumer has remained extremely resilient over the past two ye ...