Comment on Gen Z's love of discount stores could send these 3 retail stocks soaring as much as 18%, Bank of America says

Gen Z's love of discount stores could send these 3 retail stocks soaring as much as 18%, Bank of America says

Shutterstock/TupungatoMillennials and Gen Z are increasingly shopping at discount stores like TJ Maxx, Burlington, and Ross.Those shares could see as much as 18% upside if younger consumers keep looking for value, BofA says.Younger shoppers have become increasingly price-conscious amid high inflation.Gen Z wants more bang for their buck, and their love of a good deal could drive shares of some discount retailers up nearly 20%, Bank of America says.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News