{"id":37635,"date":"2013-04-17T14:09:38","date_gmt":"2013-04-17T18:09:38","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=37635"},"modified":"2013-04-17T14:09:38","modified_gmt":"2013-04-17T18:09:38","slug":"charles-sizemore-discusses-wal-mart-with-investorplaces-jeff-reeves","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/04\/17\/charles-sizemore-discusses-wal-mart-with-investorplaces-jeff-reeves\/","title":{"rendered":"Charles Sizemore Discusses Wal-Mart with InvestorPlace\u2019s Jeff Reeves"},"content":{"rendered":"

By The Sizemore Letter<\/u><\/a> <\/p>\n

From The Slant:<\/em><\/p>\n

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According to\u00a0a few data points we got this week, consumer spending appears on the wane. Retail sales were soft in March, sentiment is at a seven-month low and some folks are worried about where we go from here.<\/p>\n<\/blockquote>\n

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That may have investors\u00a0getting nervous. Sure,\u00a0Targe<\/b>t\u00a0(NYSE:$<\/span>TGT<\/a>)<\/strong> and\u00a0Walmart\u00a0<\/b>(NYSE:$<\/span>WMT<\/a><\/strong>) are both up 15% year-to-date, topping the otherwise impressive 10% returns for the\u00a0S&P 500<\/strong>\u00a0in the same period.<\/p>\n

But mall retailers like\u00a0Gap Inc.\u00a0(NYSE:$<\/span>GPS<\/a>)<\/strong> have been under pressure in 2013, and disasters like\u00a0JCPenney<\/strong>\u00a0(NYSE:$<\/span>JCP<\/a>)<\/strong> show how challenging the retail environment is right now amid a weak economy and a margin pinch thanks to online powerhouse\u00a0Amazon.com<\/strong>\u00a0(NASDAQ:$<\/span>AMZN<\/a>)<\/strong>.<\/p>\n

So what\u2019s the score?<\/p>\n

Charles Sizemore says Walmart stock remains a good long-term buy on a pullback, and that investors shouldn\u2019t read all that much into consumer data and fears about the payroll tax increase finally coming home to roost.<\/p>\n

That said, he\u2019s not all that optimistic about teen retailers at the mall and urges caution if you\u2019re treading into this trade.<\/p>\n

Take a listen in the podcast above and check out the links below for more on retail stocks and consumer sentiment.<\/p>\n<\/blockquote>\n

This first appeared on The Slant<\/a>.<\/em><\/p>\n

SUBSCRIBE\u00a0<\/a><\/strong>to\u00a0Sizemore Insights<\/em>\u00a0via e-mail today.<\/p>\n

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