TPR - Telsey Advisory Group's Retail Rundown: Top Stocks To Own In 2024 | Benzinga
Retail stocks have taken off in December and many are anxious to see if the trend will continue in the new year. Dana Telsey, CEO of Telsey Advisory Group, shared her retail picks for 2024 Wednesday on CNBC's "Squawk On The Street."
Potential 2024 Winners: Telsey told CNBC she's looking for companies focused on innovation and offering value in 2024.
Ralph Lauren Corporation (NYSE: RL) is one of the names she sees displaying those qualities in the new year. Telsey sees low to mid-single digit sales growth for Ralph Lauren and expects the stock to reach $165 in 2024. It was trading around $145 per share at publication ...