April 24, 2024

Strong retail sales despite stubborn inflation bodes well for two consumer stocks

A person looks for items at a Costco Wholesale store on September 6, 2023 in Colchester, Vermont.

Robert Nickelsberg | Getty Images

This week’s government economic data revealed pockets of durable consumer spending despite sticky inflation, signaling a favorable quarter ahead and further upside for two of our retail stocks.

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