3 Large Retailers Set to Deliver Explosive Returns

Consumption spending is the key growth driver for the U.S. economy. Within consumption spending, retail sales are an important catalyst for GDP growth. Given this fact, some large retailers have been evergreen stocks in the last few decades.However, with macroeconomic and inflationary headwinds, retail stocks have been relatively subdued in the last 24 months. In my view, that’s likely to change relatively soon. With inflation gradually cooling and sluggish GDP growth, multiple rate cuts might be on the car ...