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Best Retail Stocks To Follow Today - July 24th

Amazon.com logo with Retail/Wholesale background
Image from MarketBeat Media, LLC.

Key Points

  • Amazon, Walmart, Home Depot, Costco, and NextEra Energy were highlighted by MarketBeat as the top retail stocks to watch today, based on recent dollar trading volume.
  • The article notes that retail stocks can benefit from consumer spending trends, but their performance is also sensitive to economic conditions, consumer confidence, competition, and seasonal demand.
  • Each featured company spans a different retail-related niche, from e-commerce and big-box retail to home improvement, membership warehouses, and even utilities tied to clean energy.
  • MarketBeat previews the top five stocks to own by August 1st.

Amazon.com, Walmart, Home Depot, Costco Wholesale, and NextEra Energy are the five Retail stocks to watch today, according to MarketBeat's stock screener tool. Retail stocks are shares of companies that sell goods or services directly to consumers, such as clothing, groceries, electronics, or online merchandise. For stock market investors, retail stocks represent an opportunity to invest in consumer spending trends, but their performance can be affected by factors such as economic conditions, consumer confidence, competition, and seasonal demand. These companies had the highest dollar trading volume of any Retail stocks within the last several days.

Amazon.com (AMZN)

Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.

Read Our Latest Research Report on AMZN

Walmart (WMT)

Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

Read Our Latest Research Report on WMT

Home Depot (HD)

The Home Depot, Inc. operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.

Read Our Latest Research Report on HD

Costco Wholesale (COST)

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.

Read Our Latest Research Report on COST

NextEra Energy (NEE)

NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.

Read Our Latest Research Report on NEE

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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