3 Top Retail Apocalypse-Proof Stocks to Watch in May
These are understandably scary times to be investing in retailer stocks. Most chains remain closed during the COVID-19 crisis, and even when storefronts across the country do reopen, the state of the economy may not be conducive to shopping sprees. Thankfully for investors, a challenge for one business concept can be an opportunity for another.
Five Below (NASDAQ: FIVE), Walmart (NYSE: WMT), and Tanger Factory Outlet (NYSE: SKT) are three brick-and-mortar players that should be able to hold up better than their peers when the going gets tough. Let's take a closer look at why they are top retail stocks to watch in May.
Image source: Five Below.
Source Fool.com
