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5 Retail Stocks to Buy Now

These stocks are set to cruise through the holidays

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#4 – Gap (GPS)

GPS GapYTD: 29%
P/E: 14
Average 52-week price target: $46.22 (13%)

A lot of things have gone right for Gap (GPS) CEO Glenn Murphy.

Customers seem to like the fashions sold by the Gap and appreciate the value they get at Old Navy. The San Francisco-based recently posted a 43% gain in profit, along with a 2% jump in same store sales. That’s significantly better than the figures being put out by other retail stocks.

And that success hasn’t gone unnoticed by analysts. “Of all the apparel retailers, Gap is still better positioned to gain share,” said Poonam Goyal, a retail analyst for Bloomberg Industries.

Article printed from InvestorPlace Media,

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