4 Retail Stocks You Wont Want To Miss

Not all retail is the same.

There are some segments of the market that are in pretty bad shape as stores remain closed or partially open and people just aren’t in the mood to buy. Things like apparel fit this description.

Not only do people not want to try on stuff that’s already been tried out by god knows who, but clothes aren’t things you need a boatload of when the only people who are going to see you are the ones stuck with you at home. At the most, you may need some tops and jewelry (if you’re doing meetings, that is).

But there’s so much more to retail. And practically every category that has to do with any activity that can be done within the four walls is seeing huge demand. Some of these categories are such seeing such strong demand that they’re struggling with supply. So if you’re looking to invest in retail, that’s where you should head.

Then of course, some retailers have websites that you can go to and conveniently pick what you need for curbside pickup or home delivery. Retailers with these options are also doing well.  

It’s true that many retailers were impacted by store closures and are continuing to see supply chain issues. Some are getting sorted out relatively quickly. But many of the larger players continue to see some sort of issues.

Marketing dollars are being cut down drastically or switched to digital channels. Some are also cutting down on promotions.

Given this backdrop, the following companies look particularly hot-

Williams-Sonoma, Inc. (WSM - Free Report)

Williams-Sonoma, Inc. is a multi-channel specialty retailer of premium quality home products operating through five segments that constitute its brands Pottery Barn, West Elm, Williams-Sonoma, Pottery Barn Kids and Teen, and Other (international franchise operations, under the Rejuvenation and Mark and Graham brands).

As may be expected, the company’s digital-first, omnichannel approach is delivering results: e-commerce comps grew 46% in the last quarter, boosting overall performance. Spending remains focused on making the e-commerce platform more navigable, with better content and easier checkout. Marketing efforts are focused on customer relationships, all of which bode well for continued strength, whether the pandemic disappears quickly or is around for an extended period of time.

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