The 3 Best Retail Stocks to Buy in 2020
The U.S. consumer market remains strong early in 2020, but e-commerce continues to reshape the retail world, and investors need to be cognizant of the fact that the current run of record economic expansion won't last forever. However, that doesn't mean giving up on the brick-and-mortar space altogether. It might seem counterintuitive, but high-quality retailers can actually be great vehicles for stock gains in a volatile market -- you just have to be selective with your choices.
The companies with the advantages needed to thrive in the new world of retail may actually be able to consolidate their share of the market and deliver great returns for shareholders. For investors looking for dividend-paying retail plays that can keep beating the market and help pad an investor's portfolio, The TJX Companies (NYSE: TJX), Walmart (NYSE: WMT), and Costco (NASDAQ: COST) stand out as the best buys in 2020.
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Source Fool.com