Many retail stocks have rallied over the past few months as investors rotated from pandemic-oriented stocks toward reopening ones. But the retail sector is still littered with landmines: Companies that struggled prior to the pandemic could fare even worse after it ends, and the secular declines of malls and brick-and-mortar stores are far from over.
Today, I'll highlight three retailers that should avoid those traps: Pan Pacific International (OTC: DQJCY) , JD.com (NASDAQ: JD) , and Target (NYSE: TGT) . The first two stocks represent great ways to diversify your portfolio overseas , while the last one remains a top play in the domestic market.
Pan Pacific International is one of Japan's largest retailers. It owns Don Quijote, the country's top discount retailer; the Piago, Apita, Picasso, and Nagasakiya retail chains; and a real estate rental business.
For further details see:
3 Top Retail Stocks to Buy in April