3 Top Retail Stocks to Watch in December
December is a huge month for retailers since it includes the peak holiday shopping period, which can make or break their wider fiscal year. That's why stocks in this industry can swing wildly as investors process day-by-day updates on consumer spending trends around the holidays.
And this month promises even more volatility for a few retailers set to announce quarterly earnings results while giving shareholders updates on how the season is progressing. With that in mind, let's look at why Stitch Fix (NASDAQ: SFIX), GameStop (NYSE: GME), and lululemon athletica (NASDAQ: LULU) are retail stocks worth watching in December.
Its subscription-based selling approach means Stitch Fix doesn't have the same seasonal sales bump as traditional rivals like Amazon.com. That could change a bit this year thanks to the apparel seller's new direct-purchase functionality. But there are bigger reasons investors will be closely following Stitch Fix's earnings announcement on Monday, Dec. 9.
Source Fool.com
