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Walmart, Ross Stores, and Other ‘Defensive’ Retail Stocks
This article discusses the concept of “defensive” retail stocks, exemplified by Walmart and Ross Stores, which tend to show resilience even during economic concerns. It highlights that while luxury retail stocks often do well due to high-income consumers, a faltering discount retail sector signals broader economic pullback. Walmart’s stock has already seen a 7.8% increase this year.