2 Incredibly Cheap Retail Stocks
The so-called retail apocalypse is claiming victims left and right. Once-proud retailers have stumbled (Macy's) or, worse, gone bankrupt (Sears). But the apocalypse isn't what it seems.
Consumers have, indeed, been shifting to online shopping in large numbers, but physical retail stores are unlikely to disappear completely. In fact, many online-only retailers are starting to open brick-and-mortar stores. So what's going on is more of a transition, with older retailers learning new (digital) tricks or falling to the wayside, and being replaced by newer retailers that resonate more with today's customers.
How do you play this? By buying a financially strong and high-yield mall owner like Simon Property Group (NYSE: SPG) or Tanger Factory Outlet Centers (NYSE: SKT).
Source Fool.com
