3 Retail Stocks that Will Benefit from a Hot Summer

Support from the CARES Act and an increased digital presence over the past year have helped many retail companies survive the COVID-19 pandemic. And, as pandemic restrictions ease, job growth and direct recovery checks are likely to increase consumer spending over the coming months and help retail stocks gain momentum. So, we think L Brands, (LB), Crocs (CROX), and Abercrombie & Fitch (ANF) are poised to make a strong comeback this summer.