The Zacks Analyst Blog Highlights TravelCenters of America, Williams-Sonoma, Arhaus, Movado Group and Designer Brands
For Immediate Release
Chicago, IL October 25, 2023 Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: TravelCenters of America Inc. TA, Williams-Sonoma, Inc. WSM, Arhaus, Inc. ARHS, Movado Group, Inc. MOV and Designer Brands Inc. DBI.
Here are highlights from Mondays Analyst Blog:
5 Retail Stocks to Buy Ahead of a Promising Earnings Season
E-commerce is once again projected to play a key role in driving holiday sales this year. The retail sector has been struggling in the face of inflation, which is at a 40-year high, but people have been spending on goods. And like every year, spending is expected to get a boost during the upcoming holiday season.
According to the latest report from Adobe, holiday spending will be driven by online sales and will pick up during Cyber Week, which runs from Thanksgiving Day through Cyber Monday. Given this scenario, stocks with a strong online presence like TravelCenters of America Inc., Williams-Sonoma, Inc., Arhaus, Inc., Movado Group, Inc. and Designer Brands Inc. are expected to benefit in the near term.
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