Its official holiday shopping session is in full swing. And the retailers are wasting no time at all this year.
Im sure youve seen the witty TV commercials and no doubt your mailbox is overflowing with printed flyers. Even worse, your email inbox is being bombarded with holiday shopping specials. I know my inbox is cluttered with pre-Black Friday offers.
The bottom line retailers want your hard earned dollar and theyre not waiting around for Black Friday this year.
Some of the big box retailers, like Walmart, are coming up with even more creative ploys to get you spending. As if Black Friday wasnt enough we now have Super Saturday.
And its not just one or two retailers. It appears this may be an industry-wide shift. Kathy Grannis, a spokeswoman for the National Retail Federation, said, “It’s just another way for retailers to excite customers to get into stores.”
With all the excitement building around this years holiday shopping season, youd be wise to shop now for retail penny stocks. So where can you find the next great company?
The best place to start is in the specialty retail sector
You see, specialty retail companies often fly under investors radar. Theyre not the big box, huge mega-cap retailers the big institutions and funds often own. Theyre also not the stocks youll hear talked about regularly on CNBC or in other financial media.
No, these companies have chosen to specialize in a particular type of product or sub-category of products. And sometimes these small specialty retailers hit it big.
Just think, in March of 2009, you could have picked up LULU shares for just $2.40 each. Amazingly, the yoga and athletic specialty clothing maker now trades at $55 per share!
Theres always a chance youll find the next best thing in the realm of penny stocks. As you know, penny stocks offer you the best chance for huge returns. And any one of them can come out of the specialty retail group.
As the holiday shopping season gets cranking, nows the time to start scouring specialty retail stocks. There are plenty of great companies out there waiting to make it big.
You never know, 2011 could be the retail season that launches the next Lululemon
Until next time,
Category: Retail Stocks