Best Retail Stocks To Buy Before $1,400 Checks Go Out

Conn's also offers financing to its customers, who are primarily sub–prime borrowers. It had tightened up its credit standards as the pandemic hit last year, and as a result, its loan portfolio is in pretty good shape.

Sales have been down thanks to the pandemic. Furniture can be ordered online, but most consumers like to take a look at what they are buying and imagine how it will look in their own home.

With all the economic uncertainty caused by the pandemic, no one has been in a hurry to replace older appliances. If it worked or could easily be repaired, people have made do over the past year. It is better to make do with what you have than to spend the cash, was the thought process of many consumers.

With the end of the pandemic insight, that's going to change

The combination of another round of stimulus checks later this year and a continued decline in COVID-19 cases could bring the shoppers and the profits back into Conn's by the end of 2021

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Disclaimer: Any performance results described herein are not based on actual trading of securities but are instead based on a hypothetical trading account which entered and exited the suggested ...

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