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Best Retail Stocks to Buy Now (2024)
Top retail stocks in 2024 ranked by overall Zen Score. See the best retail stocks to buy now, according to analyst forecasts for the specialty retail industry.

Industry: Specialty Retail
Ticker
Company
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
FIVE
FIVE BELOW INC
United States
$7.35B55,235,13192.55%7.45%Net SellingNet Selling
WSM
WILLIAMS SONOMA INC
United States
$18.51B64,308,08390.53%9.47%Net SellingNet Selling
BBY
BEST BUY CO INC
United States
$15.40B215,381,39580.82%14.76%Net SellingNet Selling
HZO
MARINEMAX INC
United States
$603.48M22,301,43585.32%5.49%Net SellingNet Selling
MNSO
MINISO GROUP HOLDING LTD
China
$7.11B1,263,689,6853.60%0.00%
ULTA
ULTA BEAUTY INC
United States
$18.43B48,268,74422.72%77.28%Net SellingNet Selling
TSCO
TRACTOR SUPPLY CO
United States
$30.40B107,810,39594.44%5.56%Net SellingNet Selling
ARKO
ARKO CORP
United States
$640.06M115,743,76151.77%43.42%Net SellingNet Selling
SBH
SALLY BEAUTY HOLDINGS INC
United States
$1.16B103,514,14079.53%20.47%Net Selling
BBW
BUILD-A-BEAR WORKSHOP INC
United States
$424.16M13,980,20626.45%73.55%Net SellingNet Selling
ASO
ACADEMY SPORTS & OUTDOORS INC
United States
$3.96B74,405,35195.40%1.91%Net SellingNet Selling
OLPX
OLAPLEX HOLDINGS INC
United States
$1.04B661,762,74918.54%81.46%Net BuyingNet Selling
DKS
DICK's SPORTING GOODS INC
United States
$15.66B82,448,33564.75%31.12%Net SellingNet Selling
GPC
GENUINE PARTS CO
United States
$20.23B139,298,65178.01%1.73%Net SellingNet Selling
GRWG
GROWGENERATION CORP
United States
$152.99M60,708,72740.45%23.33%Net Buying
CASY
CASEYS GENERAL STORES INC
United States
$12.70B37,017,18585.08%9.48%Net SellingNet Selling
RH
RH
United States
$4.67B18,315,61332.07%67.93%Net SellingNet Selling
ORLY
O REILLY AUTOMOTIVE INC
United States
$58.13B58,894,09662.22%37.78%Net SellingNet Selling
EVGO
EVGO INC
United States
$646.35M302,033,35714.57%67.25%Net SellingNet Buying
BBWI
BATH & BODY WORKS INC
United States
$10.86B224,896,51584.51%15.49%Net SellingNet Selling
AAP
ADVANCE AUTO PARTS INC
United States
$4.14B59,551,04288.50%11.50%Net BuyingNet Buying
CHPT
CHARGEPOINT HOLDINGS INC
United States
$753.58M423,359,51135.72%22.28%Net SellingNet Selling
TLF
TANDY LEATHER FACTORY INC
United States
$39.83M8,401,97221.13%78.87%
AZO
AUTOZONE INC
United States
$48.33B17,302,89921.17%78.83%Net BuyingNet Buying
WINA
WINMARK CORP
United States
$1.23B3,497,43041.19%58.81%Net BuyingNet Buying
LESL
LESLIE's INC
United States
$944.04M184,742,76740.70%59.30%Net SellingNet Selling
YHGJ
YUNHONG GREEN CTI LTD
United States
$24.91M20,771,9371.99%23.00%
BARK
BARK INC
United States
$205.53M177,178,87328.08%26.42%Net SellingNet Selling
ODP
ODP CORP
United States
$1.40B35,894,89220.20%79.80%Net SellingNet Selling
MUSA
MURPHY USA INC
United States
$9.21B20,717,69181.01%11.65%Net SellingNet Selling
FLWS
1 800 FLOWERS COM INC
United States
$604.86M64,210,19629.04%70.96%Net Selling
ALLG
ALLEGO NV
Netherlands
$243.91M271,010,7907.56%0.04%
GME
GAMESTOP CORP
United States
$5.81B305,873,20028.48%20.08%Net BuyingNet Selling
BGFV
BIG 5 SPORTING GOODS CORP
United States
$72.85M22,624,23237.46%29.58%Net SellingNet Selling
BWMX
BETTERWARE DE MEXICO SAPI DE CV
Mexico
$639.23M37,316,54613.16%0.00%
CONN
CONNS INC
United States
$87.35M24,885,9759.27%90.73%Net SellingNet Selling
SVV
SAVERS VALUE VILLAGE INC
United States
$2.09B161,794,01356.68%43.32%Net SellingNet Buying
TKLF
YOSHITSU CO LTD
Japan
$10.88M36,250,0540.22%0.00%
SPWH
SPORTSMAN's WAREHOUSE HOLDINGS INC
United States
$124.92M37,625,00644.80%55.20%Net BuyingNet Selling
NAAS
NAAS TECHNOLOGY INC
China
$104.10M2,455,202,3030.21%0.00%
FTEL
FITELL CORP
Australia
$176.59M11,120,0000.36%0.00%
NVVE
NUVVE HOLDING CORP
United States
$4.06M6,220,6216.02%92.46%Net Buying
WOOF
PETCO HEALTH & WELLNESS COMPANY INC
United States
$1.10B307,367,78548.62%51.38%Net SellingNet Selling
EYE
NATIONAL VISION HOLDINGS INC
United States
$1.16B78,560,99468.98%31.02%Net BuyingNet Buying
BNED
BARNES & NOBLE EDUCATION INC
United States
$30.83M53,156,36918.66%81.34%Net Selling
BQ
BOQII HOLDING LTD
China
$1.94M72,332,7940.23%0.00%
ZOOZ
ZOOZ POWER LTD
Israel
$13.36M5,912,22316.70%56.92%
TCS
CONTAINER STORE GROUP INC
United States
$37.68M51,611,77016.79%83.21%Net Buying

Retail Stocks FAQ

What are the best retail stocks to buy right now in May 2024?

According to Zen Score, the 3 best retail stocks to buy right now are:

1. Five Below (NASDAQ:FIVE)


Five Below (NASDAQ:FIVE) is the top retail stock with a Zen Score of 57, which is 27 points higher than the retail industry average of 30. It passed 19 out of 33 due diligence checks and has strong fundamentals. Five Below has seen its stock lose -28.45% over the past year, underperforming other retail stocks by -40 percentage points.

Five Below has an average 1 year price target of $208.00, an upside of 56.4% from Five Below's current stock price of $132.99.

Five Below stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Five Below, 57.14% have issued a Strong Buy rating, 21.43% have issued a Buy, 21.43% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Williams Sonoma (NYSE:WSM)


Williams Sonoma (NYSE:WSM) is the second best retail stock with a Zen Score of 54, which is 24 points higher than the retail industry average of 30. It passed 19 out of 38 due diligence checks and has strong fundamentals. Williams Sonoma has seen its stock return 152.04% over the past year, overperforming other retail stocks by 140 percentage points.

Williams Sonoma has an average 1 year price target of $293.87, an upside of 2.1% from Williams Sonoma's current stock price of $287.81.

Williams Sonoma stock has a consensus Hold recommendation according to Wall Street analysts. Of the 15 analysts covering Williams Sonoma, 0% have issued a Strong Buy rating, 33.33% have issued a Buy, 53.33% have issued a hold, while 0% have issued a Sell rating, and 13.33% have issued a Strong Sell.

3. Best Buy Co (NYSE:BBY)


Best Buy Co (NYSE:BBY) is the third best retail stock with a Zen Score of 52, which is 22 points higher than the retail industry average of 30. It passed 18 out of 38 due diligence checks and has strong fundamentals. Best Buy Co has seen its stock return 3.4% over the past year, underperforming other retail stocks by -9 percentage points.

Best Buy Co has an average 1 year price target of $86.90, an upside of 21.54% from Best Buy Co's current stock price of $71.50.

Best Buy Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Best Buy Co, 30% have issued a Strong Buy rating, 10% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 10% have issued a Strong Sell.

What are the retail stocks with highest dividends?

Out of 14 retail stocks that have issued dividends in the past year, the 3 retail stocks with the highest dividend yields are:

1. Big 5 Sporting Goods (NASDAQ:BGFV)


Big 5 Sporting Goods (NASDAQ:BGFV) has an annual dividend yield of 20.96%, which is 18 percentage points higher than the retail industry average of 3.21%. Big 5 Sporting Goods's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Big 5 Sporting Goods's dividend has not shown consistent growth over the last 10 years.

Big 5 Sporting Goods's dividend payout ratio of -95.1% indicates that its high dividend yield might not be sustainable for the long-term.

2. Best Buy Co (NYSE:BBY)


Best Buy Co (NYSE:BBY) has an annual dividend yield of 5.17%, which is 2 percentage points higher than the retail industry average of 3.21%. Best Buy Co's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Best Buy Co's dividend has shown consistent growth over the last 10 years.

Best Buy Co's dividend payout ratio of 64.6% indicates that its high dividend yield is sustainable for the long-term.

3. Winmark (NASDAQ:WINA)


Winmark (NASDAQ:WINA) has an annual dividend yield of 3.61%, which is the same as the retail industry average of 3.21%. Winmark's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Winmark's dividend has shown consistent growth over the last 10 years.

Winmark's dividend payout ratio of 109.8% indicates that its dividend yield might not be sustainable for the long-term.

Why are retail stocks up?

Retail stocks were up 0.82% in the last day, and down -3.51% over the last week. Petco Health & Wellness Company was the among the top gainers in the specialty retail industry, gaining 12.93% yesterday.

Petco Health And Wellness shares are trading higher after RBC Capital maintained an Outperform rating on the stock and raised its price target. The company recently reported better-than-expected Q1 financial results.

What are the most undervalued retail stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued retail stocks right now are:

1. Academy Sports & Outdoors (NASDAQ:ASO)


Academy Sports & Outdoors (NASDAQ:ASO) is the most undervalued retail stock based on WallStreetZen's Valuation Score. Academy Sports & Outdoors has a valuation score of 100, which is 66 points higher than the retail industry average of 34. It passed 7 out of 7 valuation due diligence checks.

Academy Sports & Outdoors's stock has gained 3.84% in the past year. It has underperformed other stocks in the retail industry by -8 percentage points.

2. Olaplex Holdings (NASDAQ:OLPX)


Olaplex Holdings (NASDAQ:OLPX) is the second most undervalued retail stock based on WallStreetZen's Valuation Score. Olaplex Holdings has a valuation score of 100, which is 66 points higher than the retail industry average of 34. It passed 7 out of 7 valuation due diligence checks.

Olaplex Holdings's stock has dropped -53.27% in the past year. It has underperformed other stocks in the retail industry by -65 percentage points.

3. Arko (NASDAQ:ARKO)


Arko (NASDAQ:ARKO) is the third most undervalued retail stock based on WallStreetZen's Valuation Score. Arko has a valuation score of 71, which is 37 points higher than the retail industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Arko's stock has dropped -25.97% in the past year. It has underperformed other stocks in the retail industry by -38 percentage points.

Are retail stocks a good buy now?

34.29% of retail stocks rated by analysts are a strong buy right now. On average, analysts expect retail stocks to rise by 14.26% over the next year.

What is the average p/e ratio of the specialty retail industry?

The average P/E ratio of the specialty retail industry is 39.1x.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.