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Stock Picker Finds Surprises In Store(s)

Better-than-expected January sales lifted the market out of the doldrums on Thursday, and, in the retail sector, Citi Investment Research's Deborah Weinswig has some favorites to recommend to stock-market investors.

Recommendations:

Her top pick may be no surprise to many: Walmart.

"It's the only retailer out there who's now had four consecutive months of positive traffic," she said. "Mind you, this is a retailer who for three years, actually had negative traffic trends."

Also on her list is one that might qualify as a surprise: Nordstrom.

"A lot of the specialty retailers who serve the 'missy' customer are really struggling," she explained.

"I think Nordstrom is in a fantastic position to gain market share as a result, especially because they're located at the mall...and they have the best customer service out there, which the customer wants even more in this environment."

She also likes Kohl's.

Disclosures:

Walmart and Kohl's are investment banking customers of Weinswig's firm.

Disclaimer