Other retail stocks like Aeropostale Inc (OTCMKTS:AROPQ), American Eagle Outfitters (NYSE:AEO), Childrens Place Inc (NASDAQ:PLCE), Chico’s FAS, Inc. (NYSE:CHS), Finish Line Inc (NASDAQ:FINL), and Men’s Wearhouse are all expected to close stores this year as well. The first quarter is notoriously hard for retail stocks, as consumers are recovering from holiday shopping.
In the midst of all this traditional retail stock chaos looms Amazon.com, Inc. (NASDAQ:AMZN), quietly waiting, ready to strike when the moment is right. In the past, that moment has been books, the Cloud, Internet of Things, movies and television, grocery shopping, drones and almost everything else. Whether it will ever be retail, only Jeff Bezos and his crystal ball have the power to tell us that.
Zacks’ Top 10 Stocks for 2017
In addition to the retail stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017? Who wouldn’t? As of early December, the 2016 Top 10 produced 5 double-digit winners including oil and natural gas giant Pioneer Natural Resources which racked up a stellar +50% gain. The new list is painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. Be among the very first to see it>>
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