Fast Money Blog- 11/29/24
I see 2025 as a year of resurgence for retail stocks. Today's close was a perfect example.
Here’s what I think is going to happen in 2025:
Retail stocks like Walmart, Inc. (WMT) and Costco Wholesale Corporation (COST) will produce significant amounts of revenue each quarter for the next year or so.
Take a look at the stock prices over the past 3 months for the following retail companies:
Over the past 3 months WMT shares have gone from a low of $75.89 to a high of $92.52
Over the past 3 months COST shares have gone from a low of $886.60 to a high of $970.05
Over the past 3 months Target Corporation (TGT) shares have gone from a high of $160.30 to a low of $132.58
As you can see not all retail stocks are in favor. As we move into 2025 I’ll be explaining which retails stocks are hot and which ones are not, and how to use this information to make maximum profits.
Tyrone Jackson
The Wealthy Investor