Evie Mason Blog | Best Clothing Stocks To Buy Now | Talkmarkets - Page 4

Best Clothing Stocks To Buy Now

Date: Monday, April 15, 2019 6:28 AM EDT

Nordstrom delivers plenty of top-notch clothing items and accessories. Shopping from Nordstrom is an experience in itself which has earned it a reliable and loyal customer base. Although Nordstrom has had fluctuating profits, it remains a successful business. As stated earlier, shifting profits does not mean that a clothing stock is stuck in an unfortunate situation. The net income of Nordstrom has been falling in recent years; however, it remains a fruitful organization. It produced over $750 million worth of profit last year. The S&P 500 Index of Nordstrom increased to 350% in 2013.

Why investing in Amazon is a smart decision?

Amazon has seen tremendous growth since its inception. The apparel sales of Amazon in the US have increased over the years; with a period of one year the apparel sales of Amazon grew up to 25% from 2015-2016 generating a profit of $3.4 billion. Whereas the total online and in-store apparel sales growth rate in the US was only 3% in 2016.

These numbers give a perfect idea of how the clothing sector of Amazon is growing. With continuous sales in the apparel market, Amazon is a smart option for investment. 

Conclusion

Whether Amazon, Nike or Michael Kors investing in clothing stocks will prove to be a fruitful decision as the apparel industry is constantly on the rise. Having said that, the ever-changing market share, fluctuating fashion trends and evolving tastes of the consumers are the risk factors which should be kept in kind before making any investment in clothing stocks. Remember, investment is not about luck; it is a game of making a smart and sound decision.

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Stocks I follow

AAMBOX Advisors Disciplined Trust
ADEP Adept Technology Inc.
BABZ PIMCO ETF Trust
FDBBX Federated Bond Fund Class B

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