3 Stocks to Buy to Ride the Retail Investor Resurgence

Before you run out and buy Walmart (NYSE:WMT) or Target (NYSE:TGT), I’ve got another group of retail stocks to buy that have little to do with retailing. On May 17, Bank of America Securities Analyst Craig Siegenthaler upgraded Robinhood Markets (NASDAQ:HOOD) from “Underperform” to “Buy.” The analyst argued that retail investors were becoming more active in their stock buying and selling, generating more loan revenue, paying for order flow revenue and so on.A combination of higher interest rates and declini ...