The medium term future of US retail stocks remains in question with some managers forecasting a peri...
The medium term future of US retail stocks remains in question with some managers forecasting a period of stock specific outperformance while others remain doubtful of a turnaround. The opportunities for stock-pickers to add value are further enhanced by mixed perceptions about whether US interest rates have peaked and retail stocks bottomed out. Alison Wright, an investment manager at Britannic Asset Management, says that after a rebound in June from heavily oversold positions, selected retail stocks are poised to outperform the S&P 500 in the back half of the year. There is still a de...
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