Better Buy: Tractor Supply vs RH
Lower consumer confidence in the economy and rising interest rates have been major headwinds for retail companies. The Consumer Discretionary Select SPDR ETF has underperformed the S&P 500 index, rising only 6% compared to the index's return of 26%.
If you have a long-term mindset, these are the conditions that create undervalued stocks. Weak business environments send valuations down and set the stage for great returns on the rebound.
Tractor Supply (NASDAQ: TSCO) and RH (NYSE: RH) are above-average businesses with a history of market-beating returns for investors. Let's find out which one of these retail stocks is the better buy for long-term investors.
Source Fool.com
