Investors searching for opportunities in the retail industry might feel a little stuck. This is because most people are aware that e-commerce is growing and brick-and-mortar stores are shutting down at alarming rates. Whether you’re bullish or bearish on the future of online shopping, there’s no denying that some companies are thriving in the digital age and new investments need to be made. Luckily, there are several retail stock options available to investors today. The top industrial marketing stocks listed below have significant potential as long-term investments. These stocks have outperformed the S&P 500 so far this year, and they also have strong long-term growth potential based on their company fundamentals and analyst recommendations.
Adobe Systems
Adobe Systems Inc. operates as a software company worldwide. The company’s Digital Marketing segment offers a portfolio of products and services that help customers create digital experiences that engage and transform people and organizations. Its Branded Solutions segment offers products and services that enable organizations to create, manage, and deliver branded content and experiences to their customers and employees, including web and mobile publishing, content management, ecommerce, marketing automation, and experience management solutions. Its Digital Experience and Commerce segment provides a cloud-based commerce solution that enables retail and multichannel merchandising, marketing, and customer engagement. Its Extend Experience and Commerce segment offers a cloud-based commerce solution that provides multichannel retail merchandising, marketing, ecommerce, supply chain management, and order management, as well as software services. The company’s customers include retail and wholesale companies, publishers, e-commerce providers, and enterprises in a wide range of industries. Adobe Systems Inc. has a 4-star rating (out of 5) on the stock market today. The company has a consensus analyst rating of Buy and a SEC yield of 1.79%.
AutoZone Inc.
AutoZone Inc. engages in the sale of aftermarket repair parts and accessories, and related products. The company operates in two segments, Retail and RZ Supply Chain. The Retail segment sells new and remanufactured replacement parts and accessories, and a wide variety of automotive products and services. The RZ Supply Chain segment provides remanufactured and new replacement parts, and a wide variety of automotive products and services. The company sells its products under the Autozone and Advance Auto Parts brands, as well as through an online e-commerce channel. AutoZone Inc. has a 4-star rating (out of 5) on the stock market today. The company has a consensus analyst rating of Buy and a SEC yield of 1.82%.
Bed Bath & Beyond Inc.
Bed Bath & Beyond Inc. operates as a specialty retailer of household goods in the United States and Canada. The company’s stores provide various products, including housewares, kitchenware, paper and bath products, indoor and outdoor furniture, and other decorative items. It also offers products through its Websites. Bed Bath & Beyond Inc. has a 4-star rating (out of 5) on the stock market today. The company has a consensus analyst rating of Buy and a SEC yield of 1.86%.
Costco Wholesale Corp.
Costco Wholesale Corporation operates a membership warehouse business in the United States and Canada. The company’s merchandise consists of select brands of consumer goods and services, including groceries, appliances, jewelry, health and beauty aids, and apparel, as well as other types of merchandise, such as automotive and motorcycle parts and equipment, lawn and garden items, and fishing supplies. It also provides travel services, such as extended warranty, travel insurance, and services related to the purchase of travel-related goods. The company’s other services comprise optical, pharmacy, and hearing aid services. Costco Wholesale Corporation has a 4-star rating (out of 5) on the stock market today. The company has a consensus analyst rating of Buy and a SEC yield of 2.09%.
Restoration Hardware Inc.
Restoration Hardware Inc. operates as a home furnishings retailer. The company’s products include indoor and outdoor furniture, textiles, decorative accessories, lighting fixtures, hardware and small appliances, décor, tabletop, bed and bath products, as well as gourmet food and wine. It also sells merchandise online. Restoration Hardware Inc. has a 4-star rating (out of 5) on the stock market today. The company has a consensus analyst rating of Buy and a SEC yield of 2.14%.
Summing up
Retail stocks are highly cyclical, and their performance is often tied to the health of the broader economy. But despite the fact that the sector has a reputation for being volatile, it can also be a very rewarding investment as long as investors are careful to select the right stocks. These top industrial marketing stocks are a great place to start your search.
Read More: Top Industrial Marketing Retail Stocks You Can Buy Today