Scalper1 News
Apparel retailers have climbed quickly through IBD’s industry ranks in recent weeks amid a pickup in economic growth and rising consumer confidence. The 46-stock Retail-Apparel/Shoes & Accessories group is up 16% since mid-October. That helps to explain why it has gained 36 places in the past six weeks, to No. 12 on Friday out of the 197 groups tracked by IBD. The economy grew at a greater-than-expected 5% annual rate in the third quarter, the Scalper1 News
Scalper1 News