Evercore, the top financial analyst and banking company, just came out with a list of the top retail players for 2021 it sees on the up and up next quarter…
It pointed out that earnings are solid again, but margins are the key focus right now because of supply chain bottlenecks and our not-so–sensible Federal Reserve… which decided to create the worst inflationary pressure in over three decades.
But I won’t go there today…
Its list was rather long, so I decided to narrow it down to just the two top retail players for fall 2021 in this session.
The Top Retail Players to Invest in for Fall 2021
Evercore claims most retailers are in the trenches balancing rising costs, strong demand and product supply shortages.
But that’s not stopping Sherwin-Williams Co. (NYSE: SHW), the first player on its list.
While SHW is a retailer, it doesn’t sell clothing or typical consumer goods. This top retail player for 2021’s core business is in Basic Materials… manufacturing, distributing and selling paint products.
With the economy expanding and COVID-19 rates declining, commercial real estate will heat up. Residential-related stocks will remain hot until interest rates move higher.
So there are solid trade opportunities outside of traditional consumer discretionary stocks.
I have a price target on SHW of $355 per share over the next three months if the economy continues to expand.
We also recommended this stock a year ago when it was trading around the $233 level. Since then, it has gained about 100 points!
I mean, what else can I say other than I hope you got in!
Check out my short video below on the top retail players for fall 2021 right now…
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