The economy is showing signs of resiliency, which could mean big gains for some retail stocks. There are also some names in the space trading on the cheap.
Pro used FactSet data to screen the S & P 1,500 consumer discretionary distribution and retail industry group, along with its consumer staples counterpart, to find the stocks that are trading at a discount relative to the industry average. We then filtered for names that met the following criteria: Average rating of buy or overweight Upside to average price target of at least 30% Market cap of $500 million or more Among the stocks that made the cut are Etsy , Target and Ulta Beauty .
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