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Market Overview

RadioShack (RSH) And Walmart (WMT) To Remain Strong

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The retail sector, fueled by a solid online sales trend, is likely to fare well in the coming year.

Talking to CNBC, Style File Group analyst Hitha Prabhakar placed her bets on value stocks such as WalMart (NYSE: WMT) and J Crew (NYSE: JCG).

She stated that she would stay away from luxury stocks such as Macy’s (NYSE: M). Prabhakar was optimistic about Amazon (NASDAQ: AMZN) based on the growing online shopping trend. David Strasser, of Janney Montgomery Scott, picked RadioShack (NYSE: RSH) as his favorite. He also endorsed WalMart and Target (NYSE: TGT).

 

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Posted-In: CNBC David Strasser Hitha Prabhakar Janney Montgomery ScottEarnings News Markets Media

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