3 Retail Stocks That Can Win If the Economy Stumbles
With the average P/E ratio for the S&P 500 reaching the 45 level, some analysts have become increasingly concerned about the market being overheated and poised for a potential crash. While such a downturn can negatively affect many stocks, some businesses actually prosper during economic downturns, especially those that serve budget-conscious consumers.
Consumer stocks such as Amazon (NASDAQ: AMZN), BJ's Wholesale (NYSE: BJ), and Dollar General (NYSE: DG) could continue to drive investor returns under such conditions. Let's take a closer look at these three retail stocks that can succeed even when the broader economy stumbles.
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Source Fool.com
