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Current DateTime: 08:57:33 30 Nov 2009
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Dec.04
2:11 PM ET
Monday, 4 Dec 2006
Retail Analyst Stock Plays: Federated Stands Out

Holiday spending is in full swing - with online shoppers spending nearly $12B so far this season and U.S. November same-store sales up 1.8%. But all that money isn't helping the stocks. After a run-up--retailers remain under pressure--down 1.25% last week. What should investors buy and sell? On CNBC’s “Morning Call” Erin Burnett asked Goldman Sachs Retail Analyst-Adrianne Shapira.

Shapira is upbeat about the sector. She says fashion seems good, consolidation is positive and the customer is engaged.

According to Shapira--Goldman likes Federated Department Stores [FD  Loading...      ()   ]headed into the holiday season. Federated is undergoing a strong turnaround- she likes the strong sales at the Macy's stores. For investors who can stay in the stock for 2-3 years, Federated is a very compelling opportunity.

One of Goldman's other buys is Wal-Mart [WMT  Loading...      ()   ].  The compelling reason is limited downside. She says expectations and numbers are getting washed out. 

Shapira also said they could have challenging holiday season so Target [TGT  Loading...      ()   ] could be better short term investment--but in the long term Wal-Mart looks good.

Goldman has a sell on Dillard's [DDS  Loading...      ()   ]- in large part due to Federated's strength.

Analyst disclosure: Shapira owns shares of  Dillards, Federated, Target, and Wal-Mart.


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