Retail sales are likely to rise this holiday season over last year — and that could mean a boost for some retail-oriented mutual funds.
According to research from S&P Capital IQ, holiday retail sales should be up 3% to 4% this year over last. Should this forecast bear out — and so far it’s on track — investors might want to consider looking for high-ranked mutual funds that are heavily weighted in retail stocks, according to the report.
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