retail sales are how many things people buy in stores. If people buy more things, the number goes up. If they buy less, the number goes down. This report says that in July, people bought more things than expected, which is good for stores. The article then talks about four store stocks that might do well. Read from source...
none found.### JIM:
JIM thinks the author makes a compelling case for why these four stocks have strong potential. He appreciates the breakdown of the retail industry and how it impacts consumer behavior. JIM also likes the inclusion of online sales and how Amazon's Prime Day affected overall sales.### JOE:
JOE believes that retail sales reports could be a leading indicator of economic health, and therefore is glad to see solid rebound in July's retail sales. JOE also appreciates the selection of four retail stocks with strong potential for 2024, and the focus on earnings growth rates as a measure of stock performance.
The sentiment of this article is bullish.
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