- Chip Reed runs one of the top mutual funds of 2019, and discount retailers TJX Cos. and Ross Stores were big winners for him.
- Reed says those two chains are actually benefiting from the turmoil in the retail industry because it’s doing more damage to their competitors.
- Both stocks have made enormous gains in the past decade, and Reed expects them to keep outperforming whether or not there’s a recession — although a downturn would also benefit them.
- Click here for more BI Prime stories.
How do you invest in an industry that’s going through an “apocalypse?“
A lot of people read more >>>