As consumer sentiment and spending rise and inflationary pressures cool, investors begin to eye the retail sector as a viable option for their portfolios. However, as economic headwinds like the ongoing conflict in the Red Sea continue for both consumers and retailers, picking the right retail stock may seem daunting.
Wedbush Retail Analyst Seth Basham joins Yahoo Finance for the latest installment of Good Buy or Goodbye, helping investors navigate which retail stock is positioned well for their portfolios.
Basham says his Good Buy is Williams-Sonoma (WSM) citing the company's operating margins will exceed consensus forecasts. He expects the home furniture retail sector to grow after improving inflation, a cooling housing market, and Williams-Sonoma's bigger focus on its e-commerce business.
Basham says his Goodbye is RH (RH) because the company raised prices by over 50% from 2018 to 2022, compared to similar products, which raised initial margins but ended up alienating its consumer base. This ultimately resulted in a huge drop in market share. In addition, the company has a huge risk associated with the company transitioning almost all of its products this year and attempting to expand into Western Europe.
#youtube #WilliamsSonoma #shopping
About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

- Download the Yahoo Finance app on Apple ([ Ссылка ]) or Android ([ Ссылка ])

- Follow Yahoo Finance on social:

X: [ Ссылка ]
Instagram: [ Ссылка ]
TikTok: [ Ссылка ]
Facebook: [ Ссылка ]
LinkedIn: [ Ссылка ]

свернуть