Should This High-Yielding Retail Play Be on Your Radar?

If retail is dead, nobody told Gap Inc. (NYSE: GPS). In the recently reported third quarter, shares of the clothing retailer outperformed analyst expectations on the top and bottom lines by reporting adjusted earnings per share of $0.58 and revenue of $3.84 billion.

In the heavily watched same-store sales metric, Gap posted 3% growth versus 1% expectations. This makes the fourth straight quarter of same-store sales increases. Gap stock has enjoyed a strong run on the back of this turnaround -- year to date, shares have advanced by 32%, nearly double the S&P 500.

Should this high-yielding, cheaply valued retailer be on your shopping list?

Source: Fool.com