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Three stocks to buy on Wal-Mart's earnings beat

A customer receives cash change from a cashier at a Walmart in the Porter Ranch neighborhood of Los Angeles.
Patrick Fallon | Bloomberg | Getty Images
A customer receives cash change from a cashier at a Walmart in the Porter Ranch neighborhood of Los Angeles.

With Wal-Mart's better-than-expected earnings Thursday, we searched for retail stocks that outperformed the week after the discount store chain beat estimates.

History shows the solid results should boost shares of other retailers in the week ahead.

Using Kensho, an analytics tool used by hedge funds, we looked for which stock components in the SPDR S&P Retail ETF outperformed the week after Wal-Mart reported better-than-expected earnings during the last five years.

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