Research shows consumers want to spend this holiday season. These are the so-called 'softline' retail names on the UBS buy list.
As holiday shopping gets into full swing, several retailers are poised to outperform, according to UBS. New market research shows that U.S. consumers have strong intentions to spend, and that their ability to do so is improving, analyst Jay Sole said. But conversations UBS has had with professional investors suggest few are expecting this. Nearly 25% of consumers plan to spend more this holiday season compared to last year, data from UBS shows.
"Therefore, we anticipate the Softlines group experiences upward EPS revisions paired with multiple expansion over the coming months," Sole wrote in a note on Monday. Softline refers to retailers who sell "soft" goods, such as clothing, bedding and towels. Here are some of the softline retail stocks on the UBS buy list.
TJX Companies Inc Ralph Lauren Corp PVH Corp Levi Strauss & Co Birkenstock Holding PLC American Eagle Outfitters Inc Investment Strategy Stock Markets Breaking News: Business Retail Industry Apparel Retail Holiday Shopping Black Friday United States Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Research Faculty Member: Clinical Research Laboratories - Boston, Massachusetts (US) job with Boston Children's HospitalResearch Faculty Member Clinical Research Laboratories The Clinical Research Laboratories (CRL) within the Division of Developmental Medicine (DDM) at Boston Children’s Hospital (BCH) are recruiting a research faculty member to lead innovative intervention research in child and adolescent development.
Read more »
International canine gene research database accelerates biomedical researchA new database covering over 100 different canine tissues can significantly enhance our understanding of hereditary diseases and provide valuable information for health research in both dogs and humans.
Read more »
Hard Way to Make An Easy Living: Profiting in A New Altcoin WorldDavid Zimmerman is a research analyst at K33 Research.
Read more »
Radiotherapy: Manchester scientists use AI to simulate cancer patient trialsCancer Research UK gives the Manchester project £5.9m as it seeks to improve radiotherapy research.
Read more »
No sign of fossil fuel pollution peak as the world falls further behind climate targetsOceanic and Atmospheric Research (OAR) - or NOAA Research - provides the research foundation for understanding the complex systems that support our planet.
Read more »
NOAA and Carbon to Sea team up to develop data management guidelines for marine carbon dioxide removal projectsOceanic and Atmospheric Research (OAR) - or NOAA Research - provides the research foundation for understanding the complex systems that support our planet.
Read more »