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3 Retail Stocks Poised for a Bull Run

TheMotleyFool

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While the COVID-19 pandemic has decimated travel and out-of-home entertainment spending, the retail sector has been less affected. In fact, retail sales are positively booming, as consumers use savings from money not spent on experiences to satisfy their spending itch on physical items. The SPDR S&P Retail ETF (NYSEMKT: XRT) is up 26.5% on 2020, well ahead of the overall market's 12% gains.

With COVID cases still spiking, a vaccine distribution many months off, and many winning retail names scooping up new loyalty members this year, the following three stocks look set to continue their strength into 2021.

Source Fool.com

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