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Retail Sales Rise, But Can You Bet on Consumers?

Natalie Erlich,|News Associate
Wednesday, 13 Feb 2008 | 1:46 PM ET

Retail numbers gave stocks a boost today, but the experts remain mixed about the strength of the consumer.

Retail Rebound
Going beyond the numbers, with Charles Grom, JPMorgan; David Turner, BB&T Capital Markets and CNBC's Erin Burnett

Shopping for Retail Stocks

"I think you need to own some of these department stores, particularly JCPenney, to keep yourself exposed for the rally that we've seen year-to-date.”

- Charles Grom, JPMorgan Broadline Retail Analyst

Grom recommends: Costco and JCPenney

Market Buzz Across America
Fresh market perspectives, with Holly Liss, Citi; Art Nunes, IMS Capital Management and CNBC's Erin Burnett

Look at Beaten-Down Cyclicals

“... One of the things that’s very exciting to me is seeing the Dow Transportation Index performance up four, five percent in January, and that’s usually an excellent indicator. So, I would be focusing in on some of the beaten-down consumer cyclical stocks. The homebuilders are at the top of that list.”

- Art Nunes, IMS Capital Management

Today's Market Outlook
A look ahead of today's trading day, with David Kelly, JPMorgan Funds; Alan Gayle, Trusco Capital Management and CNBC's Joe Kernen

Hold Back

“Within sectors, technology [and] health care are the cheapest sectors here. Financials should see a bit of a bounceback. I'd hold back -- even though we’re getting this consumer surge in consumer spending, I’d still hold back a little bit from consumer areas.”

- David Kelly, JPMorgan

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