This Friday the Commerce Department will release retail sales. I follow this report closely as it shows the total receipts of retail stores, and these changes give good insight into what people are buying and how willing they are to part with their hard-earned money.
In the darkest days of the financial crisis and throughout the recession, I have recommended, and profited from retail stocks. There are some companies that can do quite well in this environment and can reward smart investors. However, with the increasingly positive economic news coming out, I don't want you to drop your guard when it comes to retail stocks. Some of these big-name companies are still struggling, and just because retail sales may be positive on the whole, it doesn't mean these companies will benefit.
Let's get right to the names of these retail stocks to sell in March.