Navigate this market better. Subscribe for FREE stock alerts and information.

Sunday, July 13, 2014

Some U.S. retail stocks could rise -Barron's, (NASDAQ: BBBY), (NASDAQ: WFM)

Investors should consider buying retail stocks that are trading cheaply such as Bed Bath & Beyond , Staples, Whole Foods Market, and GameStop, Barron's financial newspaper said on Sunday. While some retail stocks have been battered so far this year and make up the biggest losers on the S&P 500, Barron's said that private equity firms may once again be eyeing the sector.The newspaper said that Bed Bath & Beyond, the New Jersey-based home goods company that has seen shares fall 26 percent this year, is a prime candidate for a buyout.Office supplies retailer Staples, meanwhile, could see its shares rise 45 percent. While the company appears to be out of favor because of its footprint of physical stores, it boasts the third-largest online retail business behind Amazon and Apple, Barron's said.Whole Foods has growth ahead of it, according to the newspaper, despite its stock falling 35 percent this year. Barron's also said GameStop, the heavily shorted video game retailer, could see its shares rise "a lot higher" next year.

Bed Bath & Beyond Inc. is a chain of retail stores, operating under the names Bed Bath & Beyond (BBB), Christmas Tree Shops (CTS), Harmon and Harmon Face Values (Harmon), buybuy BABY and World Market or Cost Plus World Market (World Market). Shares of BBBY traded higher by 2.19% or $1.28/share to $59.61. In the past year, the shares have traded as low as $54.96 and as high as $80.82. On average, 3295470 shares of BBBY exchange hands on a given day and today's volume is recorded at 6049855.

Whole Foods Market, Inc. (Whole Foods Market), is a retailer of natural and organic foods. Shares of WFM fell by 0.11% or $-0.04/share to $37.60. In the past year, the shares have traded as low as $37.02 and as high as $65.59. On average, 7459140 shares of WFM exchange hands on a given day and today's volume is recorded at 5765167.



Source