BERNSTEIN: These 5 stocks have ‘compelling value opportunities’ despite the retail slump
|09/13/2017||Posted by BusinessMediaguide.Com under General World News||
Investors are looking for places they can eke out a profit amid the looming “retail apocalypse” — and AllianceBernstein thinks it’s found some.
The $517 billion money manager is initiating research coverage of 10 retail stocks, with a bullish outlook for many specialty shops.
“We initiate coverage with a bullish outlook on apparel, which feels controversial in a time when investors assume Amazon will take over the world,” according to analyst Jamie Merriman. “Simply, we believe that worries that consumers just don’t buy clothing anymore are overdone and that strong brands and a few channel winners are not only investable, but given read more >>>