3 Retail Stocks That Could Bounce Back in the Second Half of the Year
It's no secret that retailers are having a tough time this year. As of April, the industry was on pace for more than 8,000 store closings, a new record as competition from e-commerce has led to a declining need for storefronts. Retail stocks have also largely flopped this year, missing out on the broader market rally.
The SPDR S&P Retail ETF has fallen 6.9%, while the S&P 500 is up 10.6%.
Source: Fool.com
Amazon.com Inc. Stock
€160.14
2.260%
The stock is an absolute favorite of our community with 155 Buy predictions and no Sell predictions.
As a result the target price of 192 € shows a slightly positive potential of 19.9% compared to the current price of 160.14 € for Amazon.com Inc..
