Written by: Paul Dykewicz
Original Source: Dividendinvestor.com
Five best brick-an-mortar retail stocks to buy for dividend income feature well-known names that should outperform their rivals during the holiday season and well into 2022.
The five best brick-and-mortar retail stocks to buy for dividend income include market leaders in specialty, home improvement, discount and restaurant business segments. Those five brick-and-mortar retail stocks to buy for dividend income and share-price appreciation during upcoming holiday shopping season and beyond are expected to grow strongly, according to BofA Securities.
Unlike last year when COVID-19 concerns caused many shoppers to avoid brick-and-mortar stores and malls, the latest holiday gift-buying season should produce increases in comparable sales and profits for most categories as comfort with in-person shopping gains momentum, BofA wrote in a recent research note. Even though many consumers are shopping in stores again, BofA forecasts an increased preference for gift cards — both physical and digital — by those who are hesitant to do so as COVID-19 cases and deaths still pose a threat.
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