Deutsche Bank gave clients its favorite retail stock ideas based on the firm’s appraisals of each company’s upcoming annual financial guidance and sales trends.
«As we look ahead to 4Q earnings results in a few weeks, we think it is as important to understand where companies will set initial 2017 expectations as 4Q results will be viewed as old news by the time earnings are reported,» analyst Mike Baker wrote in a note to clients Wednesday. «Delays in tax refunds will likely push some sales into March from February last year. »
Here are three buy-rated retail companies Deutsche Bank recommends as its «top picks» for this year.
Sentiment rank: 5.3
