Retail Stocks Make Strong Comeback Amid Sector Revival
The retail sector is gaining momentum as several stocks experience significant price recoveries. MarketBeat's stock screener tool identified seven Retail stocks to watch, including Amazon.com (AMZN), Home Depot (HD), Walmart (WMT), Costco Wholesale (COST), MercadoLibre (MELI), Alibaba Group (BABA), and NextEra Energy (NEE).
These companies had the highest dollar trading volume of any Retail stocks within the last several days. Amazon.com, in particular, is a retail giant that engages in the sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.
The Home Depot operates as a home improvement retailer in the United States and internationally, offering various building materials, home improvement products, lawn and garden products, and décor products. Walmart Inc., on the other hand, engages in the operation of retail, wholesale, other units, and eCommerce worldwide.