March Madness is good for retail stocks

📆 2019/03/27 5:29:00
📰 CNBC

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Over the past decade, the U.S. retail industry group has outperformed the Consumer Discretionary sector the month after March Madness.

div > div.group > p:first-child"> While all sorts of studies find March Madness costs the economy billions of dollars in lost productivity, it seems people still find time to shop.

Over the past decade, the U.S. retail industry group has outperformed the Consumer Discretionary sector after March Madness.The group has traded higher 90% of time with an average return of more than 3% according to a CNBC analysis of Kensho.

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