5 Top Stocks To Buy As Retail Sales Defy Expectations

Our Choices

Robust retail sales numbers for June have successfully dispelled recent fears about the U.S. economy. Strong consumer spending is now likely to extend the current economic expansion even further. The retail sector will gain significantly from such trends.

Investing in retail stocks looks like a smart option at this point. However, picking winning stocks may be difficult.

This is where our VGM Score comes in. Here V stands for Value, G for Growth and M for Momentum and the score is a weighted combination of these three scores. Such a score allows you to eliminate the negative aspects of stocks and select winners. However, it is important to keep in mind that each Style Score will carry a different weight while arriving at a VGM Score. 

We have narrowed down our search to the following stocks, each of which has a Zacks Rank #1 (Strong Buy) and good VGM Score.

Expedia, Inc. (EXPE - Free Report) is one of the largest online travel companies in the world.

Expedia has a VGM Score of A. The company’s projected growth rate for the current year is 19.5%.

Casey's General Stores (CASY - Free Report) operates convenience stores under the Casey's and Casey's General Store names in 16 Midwest states, mainly Iowa, Missouri, and Illinois.

Casey's has a VGM Score of A. The company’s projected growth rate for the current year is 6.4%. The Zacks Consensus Estimate for the current year has improved by 1.3% over the past 30 days. 

Zumiez Inc. (ZUMZ - Free Report) is a specialty retailer for a range of apparel, footwear and accessories.

Zumiez has a VGM Score of B. The company’s projected growth rate for the current year is 5.6%. The Zacks Consensus Estimate for the current year has improved by 2.2% over the past 60 days.  

The Buckle, Inc. (BKE - Free Report) is a retailer of casual apparel, footwear and accessories.

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