In a market full of dogs, how do you recognize the best in breed?
Few sectors have taken more of a licking than retail. Surging gas prices and a horrible housing market have forced retailers such as Kohl's and Starbucksto shelve their growth plans*. In fact, this market has been so dismal that strip mall vacancies surged to their highest levels in 13 years.
But according to Fast Money’s resident retail analyst Jeff Macke there is one stock in this group still worthy of the winner's circle. It's a store where you’ll find as many new BMW’s as old Buicks in the parking lot with a wide range of customers attracted to their everyday low prices.
This store is doing so well that Wall Street has estimated sales will jump in June while the rest of the sector stumbles. By now you must know we’re talking about Wal-Mart, a stock that could have the perfect pedigree for your portfolio.