Retail sector investing, stock-picking advice from top-ranked manager - Business Insider

In an exclusive interview with Business Insider, Reed said the rise of online retailers and the trends that are causing thousands of stores around the country to close are helping those two companies in some subtle ways.

That means that TJX and Ross can benefit and expand their profit margins as a result of Amazon and other rivals instead of seeing their prices drop and margins shrink.above all other attributes. That helped the Select Equity fund outperform the market during its turbulent phases in the last year, and Reed says it also explains why he believes so strongly in these discount retailers at a time investors are rapidly getting more optimistic about the economy.

The reason why revolves around the resilience he expects them to exhibit, even in the event of an industry-wide meltdown. Reed thinks both TJX and Ross can weather a storm of any severity, and are poised to outperform regardless of outcome.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

List: SOS notes found in retail items from Tesco, Zara, Walmart, Saks - Business InsiderDesperate workers have allegedly left notes inside holiday cards, jacket pockets, and purses for years, begging for Western shoppers to send help
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »

List: SOS notes found in retail items from Tesco, Zara, Walmart, Saks - Business InsiderDesperate workers have allegedly left notes inside holiday cards, jacket pockets, and purses for years, begging for Western shoppers to send help
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »

These are the digital health predictions we got right in 2019 - Business InsiderBusiness Insider Intelligence takes a look back on our 2019 digital health predictions and highlight which of our forecasts rang true.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »