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3 Retail Stocks That Smart Investors Will Sell Now
AEOAmerican Eagle Outfitters(AEO) Investor Place·2024-06-03 16:00

The sluggishness in retail sales signals it’s time to assess retail stocks to sell.U.S. retail figures came in flat last month compared to March, significantly behind analyst estimates. Moreover, retail sales, excluding automobiles and fuel, dipped 0.1%, while a notable 1.2% decline in online sales pointed to a pullback in consumer activity. This worrying trend points to deeper economic headwinds, impacting household budgets by eating into disposable income. Hence, these worrying indicators and ongoing fina ...