TheStreet.com RealMoney
Five Reasons to Bet on Retail

By Jeff Bagley

About this article:
Throughout my career on Wall Street I've looked for universal acceptance of a trend, theme or supposition. Why? Because in such cases, there is almost always opportunity to make money. By the time an idea is universally accepted by the masses to be truth, the market has probably reflected that truth. Contrarian investing doesn't always work -- especially recently! -- but one will never reap above-average returns by following the herd. One universally accepted truth is that retail is finished, and the prospects have never been worse. It's little wonder! Unemployment is bad and getting worse, consumers are deferring large purchases, and almost every retailer out there has said the same thing -- this is the most difficult environment in years. All true, and all extremely frightening. At the same time, this horrible backdrop is probably fully reflected in the stock prices. The Retail HOLDRs Trust has...

You have just read the beginning of a premium article from our RealMoney Service. To read the rest of this article and sign up for a FREE trial please click below.

ACCESS STORY & START A FREE 14-Day Trial
Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET.
Outside the U.S. and in Canada, call 1-212-321-5200.



Already a RealMoney subscriber? LOG IN.
Username:   Password:
Forgot your Password? Click here

Page data is submitted securely.




If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.